(800) 949-0401 Equipment Financing
- Crestmont Capital
- Equipment Financing
Every business needs the right equipment to compete, grow, and serve its customers. Equipment financing gives you the capital to acquire the machinery, vehicles, technology, or tools your business depends on - without depleting your cash reserves. Crestmont Capital specializes in fast, flexible equipment financing from $5,000 to $5 million, with approvals often in as little as 24 hours. Whether you're a construction company, restaurant, medical practice, or transportation company, we'll match you with the right financing structure for your equipment needs.
Equipment financing is a type of business loan specifically designed to fund the purchase of equipment. Unlike general working capital loans, equipment financing uses the purchased asset as collateral, which often makes approval easier and rates more competitive. The borrower takes ownership of the equipment immediately and repays the loan over an agreed term, typically 1-7 years.
Businesses across every industry use equipment financing to acquire what they need without large upfront capital outlays. According to the Equipment Leasing and Finance Association (ELFA), approximately 80% of U.S. businesses use some form of equipment financing. This widespread adoption reflects the practical value of preserving cash while still gaining access to mission-critical assets.
Crestmont Capital finances virtually any type of business equipment that generates revenue or supports your operations. Common categories include:
| Feature | Equipment Financing | Equipment Leasing |
|---|---|---|
| Ownership | You own the equipment | Lender owns; you rent it |
| End of Term | Equipment is fully yours | Buy, return, or renew |
| Down Payment | Often 0-10% | Often none |
| Best For | Long-life, durable assets | Tech that becomes outdated quickly |
| Credit Requirement | 620+ typically | Often more flexible |
Crestmont Capital offers fast approvals and competitive rates. Apply in minutes.
Apply Now →| Factor | Typical Range | Notes |
|---|---|---|
| Loan Amount | $5,000 - $5M+ | Based on equipment value and business profile |
| APR | 5%-25% | Lower for strong credit; higher for shorter history |
| Term Length | 1-7 years | Typically aligned with useful life of equipment |
| Down Payment | 0%-20% | Many programs offer 100% financing |
| Approval Time | 24hrs-5 days | Faster for smaller amounts and complete applications |
Crestmont Capital has helped thousands of businesses finance the equipment they need to grow. Our equipment financing programs are designed for speed and flexibility, with simple applications and dedicated advisors who understand your industry. We finance all types of equipment across all industries, and our alternative lending network means we can work with a wider range of credit profiles than traditional banks.
Whether you're looking for equipment leasing or direct equipment financing, we'll structure the right solution. For businesses that need broader funding, explore our small business financing options including commercial financing and working capital loans.
Equipment financing is a loan or lease specifically used to purchase business equipment. The equipment itself typically serves as collateral, which can make qualification easier and rates more competitive than unsecured financing options.
Virtually any business equipment qualifies: commercial vehicles, construction machinery, restaurant equipment, medical devices, manufacturing tools, office technology, farming equipment, and more. If your business uses it to generate revenue, it can likely be financed.
Crestmont Capital offers equipment financing from $5,000 to $5 million or more. The amount you qualify for depends on the equipment value, your business revenue, credit profile, and time in business.
Repayment terms typically range from 1 to 7 years, with loan amounts up to 100% of the equipment cost. Shorter terms are common for lower-cost equipment; longer terms for major machinery and vehicles.
Many equipment financing approvals come within 24 hours. Funding typically completes within 1-5 business days after approval, making it one of the faster business financing options available.
Yes. With an equipment loan (as opposed to a lease), you own the equipment outright from day one. The lender holds a security interest in the equipment until the loan is repaid in full.
Most lenders prefer a credit score of 620 or higher for equipment financing. Crestmont Capital works with a range of credit profiles, and the equipment's value as collateral can help offset lower scores in some cases.
Many equipment loans require little to no down payment, especially for well-qualified borrowers. Some programs offer 100% financing. Down payment requirements vary based on equipment type, value, and your credit profile.
Equipment financing means you own the equipment after paying off the loan. Equipment leasing means you rent the equipment for a set term, often with the option to buy at the end. Leasing preserves cash flow and makes sense when equipment technology changes rapidly.
With equipment financing, the lender places a lien on the equipment you're purchasing. If you default, the lender can repossess and sell the equipment to recover losses. This collateral reduces lender risk and typically results in more competitive rates.
Fast decisions. Competitive terms. Dedicated funding advisors. Apply now with Crestmont Capital.
Get Funded Now →Disclaimer: The information provided on this page is for general educational purposes only and is not financial, legal, or tax advice. Funding terms, qualifications, and product availability may vary and are subject to change without notice. Crestmont Capital does not guarantee approval, rates, or specific outcomes. For personalized information about your business funding options, contact our team directly.
