Equipment Financing
Equip your business for what comes next.
Finance business machinery, vehicles, or technology. The equipment typically serves as collateral, with payments over an agreed term.
UNDERSTAND YOUR OPTIONS
Built around your business.
Finance the purchase or replacement of business equipment. The equipment typically serves as collateral. Structure, down payment, eligibility, and any additional security requirements vary by lender and asset.
Program at a glance
- Business machinery, vehicles, and technology
- Equipment typically secures the financing
- Down payment, term, and buyout depend on the agreement
Where it can fit
- Machinery and production equipment
- Business vehicles and operational assets
- Technology and replacement equipment
What to consider
- The financed equipment typically serves as collateral; additional security may be required.
- The equipment type, condition, useful life, and seller can affect available options.
- Review down payment, fees, end-of-term ownership, and any residual or buyout.
GET PREPARED
A stronger start.
A clearer process.
Your advisor will confirm the documents required for your specific program. Here are common starting points.
Business financial information
Equipment specifications and seller details
A LITTLE MORE CLARITY
Equipment Financing.
Your questions.
Can I finance used equipment?+
Some lenders consider used equipment. Eligibility depends on the asset, age, condition, useful life, and lender requirements.
What amount and terms can I qualify for?+
The lender determines available amounts, terms, costs, and any guarantees or collateral after reviewing the file. This page is an overview, not an approval or offer.
How do I get started?+
Start an application or speak with an advisor. We will review your goals, explain the documentation, and help you understand available financing options.
OTHER PATHS TO EXPLORE
More possibilities.
Planned investment
Term Loans
Receive a lump sum and repay over an agreed term. Review the payment schedule, net proceeds, total cost, and early-payoff terms before signing.
Explore solutionBusiness growthSmall Business Loans
Business loans for expansion, inventory, or acquisitions, with an upfront amount and agreed repayment schedule. Terms depend on business financials.
Explore solutionWATCH & UNDERSTAND · 2:17
Equipment Financing, explained.
See how financing can support an equipment purchase and what to consider about collateral, cost, and repayment.
Educational overview from Abstract Capital Group LLC, which helps arrange financing through third-party providers. Eligibility, pricing, availability, and terms depend on the provider and transaction. This video is not an approval or commitment to fund.
Read the video transcript
The right equipment can help a business serve more customers, replace aging machinery, or take on new work. But paying the full cost upfront can put pressure on cash reserves.
Equipment financing helps spread the cost of eligible equipment over time. Depending on the provider, the arrangement may be a loan or a lease. Those structures can have different ownership rules, payment obligations, and end-of-term options.
Think first about what the equipment will do for your business. Will it replace something unreliable, improve capacity, or support a new service? Then consider the expenses that come with putting it to work, such as delivery, installation, training, maintenance, and insurance. Confirm which costs the proposed financing would actually cover.
A practical comparison should include the equipment itself and the financing structure. For instance, a lower payment may come with a longer obligation or a separate amount due at the end. A lease that looks similar to a loan on the first page may treat ownership very differently.
It can help to gather a current vendor quote and explain whether the equipment is new or used. Ask the provider what happens if delivery is delayed or the equipment does not meet your expectations. Those answers depend on the purchase and financing agreements. Financing should be evaluated as part of the overall equipment decision, not as a substitute for checking the vendor, the asset, and the contract.
For example, a contractor considering a machine upgrade should compare more than the monthly payment. The equipment’s expected use, maintenance needs, useful life, and contribution to revenue all matter.
You should also understand any down payment, fees, collateral, personal guarantee, insurance requirement, and final purchase option. If the arrangement is a lease, confirm what happens when it ends. Tax treatment depends on the transaction and your circumstances, so discuss that part with your own tax advisor.
At Abstract Capital Group, we help you organize the equipment quote and business information, explore financing options, and understand the next steps requested by the provider.
Our goal is to help you evaluate the purchase in the context of your business, rather than focusing on a payment alone.
If new equipment is part of your growth plan, let’s talk about what you need and what you want it to accomplish.
CAPITAL FOR WHAT’S NEXT
Your next move starts here.
Let’s talk about your business, your goals, and the capital that can help you get there.
IMPORTANT PROGRAM INFORMATION
Before you move forward.
Financing may be offered as a loan or lease with different ownership, tax, payment, and end-of-term terms. Equipment eligibility, down payment, security, guarantees, insurance, and purchase options vary. Review the actual agreement and obtain independent tax advice; no tax deduction or savings is guaranteed.
Abstract Capital Group LLC provides financing assistance through third-party financing providers. Financing decisions, availability, rates, fees, and terms are determined by the applicable provider. Submitting an inquiry does not guarantee approval or funding. Program availability varies by state and provider.