Equipment Financing
Finance new or used business equipment and preserve your working capital
Equipment financing lets businesses acquire new or used equipment while keeping cash available for operations. The equipment typically serves as collateral, which can support competitive pricing versus unsecured borrowing. i95 Capital structures and places equipment loans and leases with banks and specialty lenders for companies that need machinery, vehicles, technology, or other essential assets.
Flexible Terms to Maximize Your Opportunity
Financing Size
Up to $20M
Financing Term
Up to 60 months
Down Payment
0% to 25%
Who Uses Equipment Financing
Equipment financing fits companies that need machinery, vehicles, technology, medical devices, or other assets central to daily operations, without tying up working capital. It is common in manufacturing, construction, logistics, healthcare, agriculture, and professional services.
Typical situations include replacing aging equipment, expanding capacity, adding vehicles or tech, and conserving cash for payroll and inventory. i95 Capital works with lenders across a wide range of transaction sizes and offers equipment financing in all 50 US states and the District of Columbia.
Types of Equipment We Finance
- Manufacturing equipment
- Large vehicles, trucks
- Medical equipment
- Construction equipment, heavy equipment, tractors
- Business equipment, copiers, computers
- Farm equipment
- Logistics systems
Equipment Financing Compared with Other Options
Equipment financing and a bank line
A bank line is revolving working capital on your credit and covenants. Equipment financing is usually tied to a specific asset, with the equipment as collateral and a defined term.
Equipment financing and ABL
ABL is typically a revolving facility secured by AR, inventory, or broader assets. Equipment financing funds a purchase or refinance of equipment on its own schedule. Asset-based lending can sit alongside equipment debt when you also need ongoing working capital.
Loan vs lease
A capital lease or loan is aimed at ownership. An operating lease prioritizes lower payments and flexibility to return or upgrade. Choice depends on how long you need the asset and whether ownership matters.
How Lenders Evaluate Equipment Financing Requests
Lenders look at the borrower, the equipment, and the ability to pay. Time in business, banking history, and revenue consistency drive pricing and approval. Because the asset is collateral, some programs can work with thinner credit than unsecured loans, especially when the equipment has strong resale value.
Newer companies may need stronger personal credit, a larger down payment, or both. Specialized equipment with a thin secondary market is underwritten more carefully than widely traded assets. Clean bank statements and basic financials speed the process.
How Equipment Financing Works
After review, you receive offers with amount, term, down payment if any, and payment schedule. You choose a structure, complete documentation, and fund. Many completed files can be reviewed the same day; funding timing depends on the lender and the asset.
You use the equipment while paying over the term. Ownership or return at the end depends on whether the facility is a loan or capital lease, or an operating lease.
Frequently Asked Questions
What is equipment financing?
A loan or lease used to acquire new or used business equipment, with the equipment typically serving as collateral so working capital stays available for operations.
What terms are common?
Amounts can run into the millions, terms often up to about 60 months, and down payment from 0% to 25% depending on credit, time in business, and the asset. Your offer is set in underwriting.
New and used equipment?
Both are commonly financeable when the asset is essential to the business and has supportable value. Lender appetite varies by equipment type and age.
How is this different from a bank line?
A bank line is revolving working capital. Equipment financing is usually asset-specific with a fixed term and the equipment as collateral.
What size transactions does i95 Capital handle?
We work across a wide range of equipment sizes with banks and specialty lenders. Fit depends on the asset, the company, and lender programs.
What to Have Ready
Lenders move faster when the file is complete. For an equipment discussion, it helps to have:
- Equipment quote or invoice (new or used)
- Basic company information and time in business
- Recent business bank statements (often 3 months)
- Recent financials or tax returns (as requested, especially on larger tickets)
- Clear use of proceeds
Exact items vary by lender. For a one-page list, contact us.
How to Get Started with Equipment Financing?
Apply on Your Own
- Start the application process by completing the online equipment financing application and submitting copies of your last 3 business bank statements.
- The application is easy and without commitment.
Or, we can assist
- Complete our contact form and select Financing Assistance in the Inquiry Type, and a representative will call you promptly. i95 Capital assists you every step of the way.
Either way, after receiving your completed financing application, our advisors will promptly review the information and documents you included and submit the file for processing.
