Equipment Financing
 
Purchase new or used equipment for virtually any industry
 
Check out our NEW eQuickment Financing Product!
 
Lower Rates, Larger Amounts, Longer Terms, Easier Process.
 
Get the equipment you need to grow your business.
 
How Do You Qualify for Business Equipment Financing?
 
No Minimum Time in BusinessWe fund all businesses, from the most ancient, to those taking their first steps (with 650+ credit) and everything in between.

(If You Have a Credit Score of 650+)
 
$120,000 in Annual Gross Sales
 
If your credit score is 650 or higher, there are no required sales minimums.
 
No Minimum Credit ScoreYou don’t need squeaky clean credit to qualify for a small business loan—we work with all credit profiles.

(If You Make $120K in Annual Gross Sales & Have Been in Business for 6+ Months)
 
In order to qualify for business equipment financing, you’ll typically need a FICO score of at least 650 - or 6 months of business history and at least $120,000 in annual revenue. 
 
While banks and credit unions have low approval rates, LoanGIANT offers enormous flexibility when it comes to qualifying for equipment financing. 
 
With a FICO score of 650 or higher, you may be able to forgo time in business and monthly revenue requirements entirely.
 
You can still secure funding if your FICO score is less than 650, but you’ll need to show at least 6 months of business history and $120,000 in annual revenue.
 
This setup is ideal for newer businesses and startups, or those that may be otherwise rejected by traditional banks. 
 
What Are the Benefits?
Simple, Fast Process
Streamlined process with a fully digital application and funding in as little as 24 hours.
Choose Your Vendor
Purchase the best equipment for your business, regardless of industry (no restrictions).
 
No Up-Front Fees
Finance the entire cost of the equipment, without high fees in the beginning.
The benefits of business equipment financing involve being able to quickly acquire equipment with minimal upfront fees and manageable payments. This can improve your cash flow, balance sheets, and even features certain tax advantages. Business equipment financing is a strategic way to boost your productivity without an enormous upfront investment.
 
1. Improved cash flow
Business equipment financing allows you to acquire the equipment you need now - and manage the costs later on. There’s no need to make a large, lump-sum payment to cover the entire price upfront. Instead, the cost of the equipment will be broken down into more manageable payments - which will be easier on your cash flow. 
 
2. Greater productivity
Business equipment financing gives you a head start on boosting your productivity. You’ll be able to put your plans to action now and make payments as your business grows.
 
3. Enhanced Forcasting
There are no surprises when it comes to business equipment financing. Your payments will stay steady over time and you’ll know exactly how much you’ll be paying for how long. The interest rate you’ll receive will also be locked in for the duration of your loan. With exact figures in mind, you’ll be able to effectively forecast your business’s cash flow.
 
4. Potential tax advantages
Business equipment financing may allow you to claim additional deductions on your annual tax return. Make sure to contact your tax advisor to learn about the specifics, including how much you could possibly save.
 
5. Flexibility
You have complete freedom to choose your vendor and the type of equipment you’d like to purchase.
 
Unlike some banks, National doesn’t impose restrictions on the type of equipment you can finance - as long as it makes sense for your business it’s a good fit!
 
Start growing your business right away. Learn how you can skip the standard 2 week waiting period and get new or used equipment financing in less than 24 hours.