Whether you own an established business or a start-up company, buying a necessary piece of equipment can have a huge impact on your budget.

If you are a first-time truck owner-operator or you have a bad credit score, don't worry - we got you covered. We also provide private sale financing for your truck or trailer that you are selling.

Sometimes small business owners think that leasing the equipment or paying the full amount upfront are the only available options to get that vital piece of equipment. If you are looking for a way to save your cash by spreading out the cost of the equipment over many months or years, equipment financing can be your best option.

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Equipment Loan Rates, Terms, & Qualifications

You can finance up to 100% of the equipment's value.

Loan Amounts $ 10K - $500K
Rates from 6%
Down Payment 0 - 25%
Credit Score 500 and above
Term Lenght 1 - 7 Years
Loan Collateral Financed Equipment

Every business, big or small has to upgrade or even replace existing equipment at some point. Equipment loans from Affordable Capital will provide the capital in order to see your business succeed.

The process of applying and getting an equipment loan is quick and it can be used for a wide variety of purchases. The collateral for the loan is the equipment itself and expected life od the equipment will have an impact on the available loan term length.

This type of loans is considered to be less risky for the lenders, due to having the collateral automatically, which allows you to secure affordable rates which can be as low as 6%.

We know that you don’t want to go through lengthy processes when applying for your loans, that’s why we customized our process and kept in very simple. You only need a few minutes to fill out our application.

What to do if you don’t have a high credit score? We have good news! You can get approved for a loan with a credit score of 500 or above in 24 hours.

Preferred Industries:

  • Transportation
  • Construction
  • Heavy equipment
  • Medical equipment

You can use an equipment loan to finance your new or used:

  • Large vehicles, like semi trucks
  • Farm equipment, like tractors
  • Manufacturing equipment (i.e. plate rolling machines, laser cutting machines, band saws, etc..)
  • Large commercial printers
  • Healthcare equipment (i.e diagnostic machines, x-ray machines, infusion pumps, etc..)
  • Large construction vehicles and equipment (i.e. mixer trucks, cranes, skid steers, etc..)
  • Restaurant equipment, like ovens & ranges
  • Computer servers

Line of credit

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Business loans

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