Equipment Financing

Financing tied to specific business equipment (vehicles, machines, tools) to support growth and productivity.

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Best for

SMBs needing capital aligned to a clear purpose and repayment capacity.

Benefits

  • Aligns financing to an asset that supports revenue
  • May preserve working capital compared to paying cash
  • Useful for vehicles, machines, specialized tools
  • Can be easier to justify with ROI logic

How it works

  1. Define the equipment and expected ROI (time to pay back)
  2. Estimate monthly payment and compare to safe payment range
  3. Confirm vendor, invoice, and delivery timelines
  4. Ensure insurance/maintenance costs are included in planning

Risk flags / when to avoid

  • Payment pressure if equipment doesn’t generate expected ROI fast enough
  • Maintenance and downtime can harm cash flow
  • Don’t over-leverage if margins are thin

FAQ

Does the equipment matter?

Yes. Asset type and condition can affect terms.

Is this better than a term loan?

Sometimes—because it’s asset-backed—but depends on the full picture.

Can I finance used equipment?

Often yes, terms vary.

What about vehicles?

Many programs support trucks and work vehicles; partners vary.

Any guarantees?

No. Terms vary by partner.

Ready to review options?

Request a review and we’ll respond with next steps and a partner-ready packet.

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Disclosures

  • Not a lender: Financial Catapult is not a bank or lender.
  • Third-party offers: Funding and processing options may be offered by third-party partners. Terms vary.
  • No guarantees: Eligibility, terms, and approvals are not guaranteed.
  • Not advice: Content is for informational purposes and is not financial or legal advice.
  • Privacy: Information submitted is used to respond to your request and improve our service.