Equipment financing for the equipment you buy.
Need new tools, trucks, or machines? This funding helps you buy them. The items you buy usually back the funds. We help you compare choices from our partners.
How equipment financing work
The equipment backs the funding. Partners can often set the payment period based on how long the equipment will be useful. This can help match payments to the money the equipment helps you earn.
Equipment financing is common in trades, transport, health care, hotels, and restaurants. It can help any business that needs equipment to run.
How funding and payments work
- Structure
- Loan or lease for a specific piece of equipment Learn more about structure
- Collateral
- The equipment you buy with the funding
- Typical term
- Often based on how long the equipment will be useful
- Down payment
- Varies by partner, equipment type, and your business finances
Things to think about
- — The partner usually holds the title or a legal claim on the equipment until you pay it off.
- — Terms can vary by equipment type and whether it is new or used.
- — Partners usually need price quotes or bills for the equipment when they review your request.
Grandview Capital Lending Inc is a business financing broker, not a direct lender. Funding is subject to approval and not all applicants will qualify. Terms, structures, and availability are determined by the funding partner.
Other funding options to compare
Term loans
Borrow a set amount and pay it back on a set schedule. Use it to grow, buy equipment, or combine higher-cost debts.
View term loans detailsBusiness lines of credit
Borrow money as needed, pay it back, and borrow again. Use it to pay staff, stock goods, or cover short-term cash gaps.
View business lines of credit detailsRevenue-based financing
Get money up front and repay a share of customer payments or sales. This can fit businesses with steady monthly income and seasonal changes.
View revenue-based financing detailsAsk an advisor about equipment financing
We will review your needs and explain if this option fits. We can also help you compare other options. No obligation.