Equipment financing
Equipment Financing for Small Businesses: Fund the Gear, Keep Your Cash
Equipment financing is funding secured by the machine, vehicle, or system it buys, so the gear itself backs the deal while it earns. Forwardfy Capital is a broker, not a bank: one application, and an advisor prices equipment structures across our network of funders.
No credit impact to check options · Offers within hours
Why Equipment Financing Beats Draining the Account
The Gear Secures the Deal
Because the equipment itself is usually the collateral, funders can often price and structure terms differently than unsecured cash.
Keep Your Cash Cushion
The machine starts earning while your account keeps its buffer, so one purchase doesn’t flatten the reserve that covers payroll and surprises.
Hours, Not Weeks
Apply in under 3 minutes; offers typically come back within hours, so the gear can be earning this week instead of next quarter.
What You Can Finance
If it does the work, it can usually be financed:
- Trucks & trailers: tractors, flatbeds, reefers, and the rest of the fleet, covered in depth under trucking business funding
- Service vans & install gear: the vehicles and heavy tools that keep an HVAC operation on the road
- Imaging & clinical systems: the diagnostic and treatment equipment behind a medical practice
- Kitchen lines & coolers: ovens, hoods, and walk-ins for restaurants
- General machinery & POS: CNC machines, forklifts, point-of-sale systems, and most of the gear in between
The other early decision is finance versus lease. Financing builds toward ownership: payments end and the machine is yours at payoff. Leasing trades that for flexibility: lower payments to use the gear, with the ending set by the buyout terms in your agreement. If you are weighing a lease, ask the funder whether the end of term is a $1 buyout, which behaves like ownership, or a fair-market-value buyout, which keeps the return option open. Structures vary by funder, so have your advisor price both against the same machine.
For the full mechanics, read how equipment financing works. And the machine doesn’t have to be new: used equipment can qualify with some funders, depending on its age and condition.
If Your Business Earns Revenue, You’re Probably Closer Than You Think
Banks look backward at credit history. We look forward at where your business is going. Here’s what we consider:
- Consistent monthly revenue: steady deposits matter more than a perfect score.
- An active business bank account: your last 4 months of statements tell the story.
- A U.S.-based business: we arrange funding for small businesses nationwide.
- Any credit profile considered: past challenges don’t define your future.
Exact requirements vary by funding product. Checking your options never affects your credit score.
Check My Eligibility60-Second Match Check
Three questions, instant estimate: nothing submitted, nothing stored.
Strong, consistent deposits can push real offers above this range.
Illustrative estimate, not an offer. Checking for real never affects your credit.
From Vendor Quote to Funded in Three Steps
Get the quote, then apply
Grab the equipment quote or invoice from your vendor; with price and spec in hand, the application itself takes under 3 minutes.
Offers within hours
An advisor prices structures across a network of funders and explains every figure in plain English before you commit to anything.
Funding, often as fast as same day
Accept an offer and funding is often possible as soon as the same day: your last 4 months of business bank statements finalize the file.
No credit impact to check options · Offers within hours
Related Tools & Guides
Equipment Financing Calculator
Model a monthly payment for the machine before you apply.
Open the tool →Semi-Truck Loan Calculator
Estimate payments on a tractor or trailer purchase.
Open the tool →Affordability Calculator
Estimate a funding range from revenue, time in business, and credit.
Open the tool →How Equipment Financing Works
The full mechanics: collateral, finance vs. lease, term matching.
Read the guide →Business Term Loans
Fixed payments for defined purchases beyond equipment.
Read the guide →Business Loan Calculator
Estimate payments by factor rate and term.
Open the tool →Real people pick up.
You’ll talk to a funding advisor, not a phone tree. Monday – Friday, 9:00 a.m. – 8:00 p.m. ET.
Equipment Financing FAQs
What is equipment financing and how does it work?
Equipment financing is funding used to buy a specific piece of business equipment, such as a truck, a CNC machine, a walk-in cooler, or an imaging system, where the equipment itself usually serves as the collateral. Because the funder can look to the machine if the deal goes wrong, terms can often be priced and structured differently than a comparable unsecured loan. You take delivery, the gear starts earning, and the payments run alongside that revenue. Model a payment in the equipment financing calculator before you commit.
Should I finance or lease equipment?
Financing builds toward ownership: you make payments and the equipment is yours at payoff. Leasing keeps you flexible: lower payments to use the gear, then return it, renew, or buy it out on the terms in your agreement. Neither is automatically better; they solve different problems. Because Forwardfy is a broker, an advisor can price both structures against the same machine so you compare real numbers instead of a sales pitch.
Can used equipment qualify for financing?
Often, yes, though it varies by funder. Age, condition, and how well the equipment holds its value all factor in, since the machine itself is typically the collateral standing behind the deal. A well-maintained used truck or machine tool can be very financeable with some funders, while others focus on newer assets. An advisor can tell you quickly which funders in the network fit the specific equipment you have in mind.
How fast is equipment financing, and what do I need to apply?
Start with the equipment quote or invoice from your vendor, then complete the application, which takes under 3 minutes. Offers typically come back within hours, and your last 4 months of business bank statements finalize the file. Once you accept an offer, funding is often possible as soon as the same day. Start the application whenever the quote is in hand.
Does checking my equipment financing options affect my credit?
No. Checking your options has no effect on your personal credit score, and any soft credit pull happens only if you choose to move forward. Forwardfy Capital is a broker, not a lender: one application lets an advisor price equipment financing across a network of funders and show you the real numbers before anything touches your credit.
Got the Quote? Fund the Equipment This Week.
Three minutes to apply, hours to an offer, and gear that starts earning while it pays for itself.
Checking your options has no effect on your credit score · Monday – Friday, 9:00 a.m. – 8:00 p.m. ET