Equipment Financing

Equipment Financing

Equipment financing is a type of asset-based financing in which the equipment itself serves as collateral.

Equipment financing allows businesses to secure and leverage critical equipment today while paying for it over time.

We offer both Capital and Operating Equipment Leases. Capital leases are structured for ownership of the equipment, with a low buyout option at the end. In contrast, operating leases provide lower payments but require a return of the equipment or its purchase at fair market value at the end of the term.

It typically offers favorable interest rates.

equipment-financing
Apply for Equipment Financing

Established businesses and less established ones​

Whether your small business is established or just starting up, BorrowPartner will partner with you and your company to secure the best equipment financing.

Equipment financing is ideal for new or used mission-critical equipment essential to the operation of your business.

Flexible terms to maximize your opportunity​

Financing Size

Up to $20M

Financing Term

Up to 60 months

Down Payment

0% to 25%

$0 down payments are available for most established businesses, and down payments of 20%+ are required for startups.
 
Review and approval of completed applications are typically completed on the same day. Funding can occur the same day as well. 
 
BorrowPartner 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

How to get started with Equipment Financing?

You can do it yourself

  • 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. BorrowPartner assists you every step of the way.

Either way, after receiving your completed financing application, our advisors will promptly review the information and the documents you included and submit the file for prompt processing.

Start Your Application

How does Equipment Financing work?

After processing your Equipment Financing application, our advisors will send you the best available offers. Your offers will include the financing amount, the financing term, the down payment where applicable, and the payment amount and schedule. 

You select your preferred equipment financing offer and send it back to your BorrowPartner advisor.

You receive approval within a few hours, often the same day, and enjoy the flexibility your new equipment provides today while paying for it over time. That’s it.

Get the financing your business needs to grow

Applying for funding with BorrowPartner does not affect your personal credit score

Apply Now
Scroll to Top