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The machine is the collateral

Equipment Financing — $10,000 to $5 Million, No Minimum Time in Business

Equipment financing is secured by the thing you are buying. Because the lender can repossess a CNC machine or a box truck and sell it, the credit bar is the lowest of any product here — 580 FICO, no minimum time in business, no revenue minimum. If you are young, thin-file, or previously declined, this is usually your first yes.

Check my options — free Run the numbers

Program guidelines

Amount$10,000 – $5,000,000
Term12 months – 5 years
SpeedA few days
Credit580+ (varies by equipment)
Time in businessNone (under 2 years capped at $50,000)
RevenueNone

Program guidelines shown are our lending partners' published minimums as of September 2026 and can change. They are qualification floors, not an offer.

Who this is right for

  • Trucks, trailers, and fleet
  • Restaurant and commercial kitchen build-outs
  • Medical, dental and aesthetic devices
  • Shop equipment, CNC, lifts, excavators, farm equipment
  • Newer businesses that cannot clear a 660 FICO term-loan box yet

How it works

  1. Send the quote or invoice for the equipment — that document is most of the underwriting.
  2. Approval is driven by the asset plus a light look at you, not the other way round.
  3. The lender usually pays the vendor directly.
  4. You make fixed payments over 12 months to 5 years.

What to watch out for

Every figure on this page is a published program minimum from our lending partner network, not an offer. Your terms come from underwriting.
Straight answers

Equipment Financing — straight answers

Can I get equipment financing with a 580 credit score?
Yes — 580+ FICO is the published floor, and credit requirements vary based on the equipment itself. Highly resaleable assets like trucks and standard machinery underwrite easier than specialized or custom equipment.
Do I need to be in business for two years?
No. There is no minimum time in business on these programs. Businesses under two years old are capped at $50,000.
Can I finance used equipment?
Usually yes, from a dealer with a proper invoice and a verifiable serial number. Private-party purchases are harder and sometimes require an inspection or appraisal.

Compare with

Small Business Loans

Term Loans & Working Capital

Business Line of Credit

Draw only what you need

SBA Loans

Lowest cost, longest terms

No cost · No obligation

See if you qualify for equipment financing

One application, a soft review only, and an honest read on whether this is even the right product for you.

Get Pre-QualifiedSee funding options

Checking your options does not affect your business credit. A soft review only.