Preserve Working Capital
Spread the equipment cost over time so cash remains available for payroll, inventory, and operations.
Asset-Backed Funding
Fund the Equipment That Powers Your Business
Finance trucks, machinery, kitchens, medical and tech equipment with the asset itself as collateral. Up to 100% financed, terms as long as 7 years.
What is Equipment Financing?
Equipment financing lets you acquire the tools your business needs without the upfront capital outlay. The equipment itself can secure the loan, so approval is often faster than unsecured financing and repayment can align with the asset's useful life.
Why Crestmont
Benefits of equipment financing with Crestmont
Predictable Budgeting
Structured payments make it easier to plan around the equipment's expected revenue contribution.
Simplified Approval Process
Because the equipment can support the financing, the underwriting path is often more direct than unsecured capital.
Potential Tax Advantages
Some structures may qualify for deductions or depreciation benefits. Confirm treatment with your CPA.
Eligibility
What you'll need to apply
Participating providers review the business profile and the equipment itself, including invoice details and asset type.
Time in business6+ months
Annual revenue$120K+
Personal FICO580+
Equipment invoiceRequired
Used equipment, heavy equipment, and specialized industry equipment can be reviewed case by case.
Simple Process
How equipment financing works
The equipment page needs a product-specific flow rather than a generic loan process.
1
Choose Equipment
Identify the equipment, vendor, invoice, and expected business use.
2
Apply Online
Submit basic business details, ownership information, and recent bank activity.
3
Review Terms
Compare payment, term, down payment, and ownership or lease-end options.
4
Fund the Vendor
Once approved and signed, funds can be sent to the vendor or seller.
5
Use and Repay
Put the equipment to work while repaying on the agreed schedule.
Quick Approvals
Decisions on qualified applications in as little as 24 hours.
Fast Funding
Funds released quickly once you accept an offer.
Minimal Documentation
A short list of documents gets the review started.
Online Applications
Apply from anywhere, on any device.
Compare Options
Equipment financing vs. equipment leasing
Equipment financing and equipment leasing can solve different business needs. Use this comparison to understand the ownership, payment, and upgrade tradeoffs.
When Financing Makes Sense
Use financing when you want long-term ownership, predictable payments, and the equipment will retain value or remain useful for years.
- Ownership path
- Long-term use
- Asset-backed structure
When Leasing Is Preferable
Use leasing when technology changes quickly, you want lower upfront cost, or you prefer upgrade flexibility at the end of the term.
- Lower upfront cost
- Upgrade flexibility
- Possible end-of-term options
Lease Structures
Types of equipment leases
Leasing content can sit in the same page without forcing a separate visual design.
Operating Leases
Often used when the business wants use of equipment without long-term ownership, especially when upgrades are likely.
Capital Leases
A lease structure that behaves more like a purchase, often with an ownership option at the end of the term.
Industries
Commercial equipment financing by industry
Construction
Heavy machinery, trucks, tools, and site equipment used for project delivery.
Restaurant
Kitchen equipment, refrigeration, point-of-sale systems, and build-out needs.
Medical and Dental
Practice equipment, diagnostic tools, treatment chairs, and office technology.
Manufacturing
Production machinery, industrial tools, packaging equipment, and automation.
Transportation
Vehicles, trailers, logistics equipment, and fleet upgrades.
Retail
Point-of-sale systems, display equipment, refrigeration, and tools used in day-to-day store operations.
Rates and Costs
Equipment financing rates
Equipment financing rates depend on credit profile, time in business, business revenue, equipment type, equipment age, term length, and whether a down payment is required.
When comparing options, calculate total payments, fees, down payment, tax treatment, and the expected productivity or revenue the equipment will create.
Use Cases
Equipment financing for business stages
New Capacity
Add equipment needed to serve more customers or take on larger projects.
Replacement
Replace aging equipment before breakdowns disrupt revenue.
Used Equipment
Finance qualifying used equipment when it still has useful life and clear value.
Growth Projects
Match equipment cost to the revenue opportunity it supports.
Next Steps
Get Started With Crestmont Capital
- 1
Apply Online
Tell us how much funding you need and share your business details.
- 2
Review Your Options
Compare available amounts, costs, and repayment terms with a Crestmont specialist.
- 3
Receive Approved Funds
Accept your offer and complete the documents to receive funds after final approval.
Why Crestmont
Why Choose Crestmont Capital for Equipment Financing
Fast Decisions
A streamlined review process helps qualified businesses compare options quickly.
Flexible Options
Crestmont helps match the product structure to your amount, timeline, and use of funds.
Transparent Terms
Review repayment, fees, timing, and total cost before accepting an offer.
Experienced Team
Work with advisors who understand small business funding tradeoffs.
Simple Process
Apply online, review options, and complete documentation without unnecessary friction.
Dedicated Support
Get guidance from application through funding and future financing conversations.
FAQ
Frequently Asked Questions About Equipment Financing
Can I finance used equipment?
Potentially. Participating providers may consider new and used equipment, subject to age, condition, value, and their underwriting requirements.
What credit score is needed?
Requirements vary by equipment and offer, but the page currently assumes a typical starting point around 580+ personal FICO.
How fast can equipment financing be approved?
Many requests can be reviewed within 48 to 72 hours after the application and equipment invoice are complete.
Can I pay off equipment financing early?
Some offers allow early payoff. Review the specific terms for discounts, fees, or prepayment conditions before signing.
Can heavy equipment be financed?
Yes. Heavy equipment can be reviewed when the asset value, vendor documentation, and business cash flow support the request.
How much money do I need upfront for equipment financing?
Down payments, first payments, fees, and closing costs vary by equipment, lender, credit profile, and asset value. Confirm the true cash required at signing rather than relying on a zero-down headline.
Should I finance equipment or lease it?
Financing may make sense when ownership is the goal; leasing can change upfront cash needs and payment structure. Compare total cost, end-of-term ownership or buyout, maintenance, and tax treatment with an advisor.
What business history do I need to apply?
Crestmont serves established, revenue-generating businesses. Applications are assessed using operating history, documented revenue, bank activity, credit profile, and repayment capacity. Requirements vary by product.
Ready When You Are
Take your business to the next level
Finance essential equipment while preserving working capital for the rest of your business.