Equipment Financing
for Businesses Nationwide
Fast, flexible, and hassle-free solutions to help you acquire equipment.
Equipment Line of Credit
An equipment line of credit from Loyal Equipment Finance lets you draw funds from a predetermined limit to purchase equipment or cover the cost of equipment repairs, parts, or maintenance. By using a credit line, you can instantly access funds when needed without having to apply for funding for each purchase. This saves time and offers greater convenience. Interest is only paid on the amount drawn, making it a cost-effective solution if you want to make equipment investments and maintain sufficient cash flow.
- Equipment credit lines up to $10 million
- Unsecured—no collateral required
- Simple online application
- Competitive rates
- Only pay for what you use, plus interest
Our Minimum Requirements
- Minimum two years in business
- Three months’ business bank statements
- Favorable payment history
Equipment Financing
Equipment financing from Loyal Equipment Finance allows you to acquire new or used business equipment without needing a significant capital investment or depleting your funds for a large one-time purchase. By spreading the cost over manageable monthly payments, you can preserve your business’s cash flow and allocate resources to other critical areas of your company. You own the business equipment outright once you make all the required payments.
- Application-only up to $500,000
- Simple online application
- 100% financing available, including soft costs
- One-hour credit decisions
- Competitive rates
- Flexible repayment terms
- Same-day funding is available
Our Minimum Requirements
- Minimum two years in business
- Three months’ business bank statements
- Favorable payment history
- Business in good standing
- Equipment quote or invoice
Equipment Leasing
Equipment leasing is another easy, cost-effective solution available from Loyal Equipment Finance. It differs from equipment financing in that you are not purchasing the equipment. Instead, you make predictable monthly payments to lease (use) the equipment. An equipment lease is worth considering if you want to acquire newer equipment without the burden of ownership. Loyal Equipment Finance offers several end-of-lease term options, too. You may have the option to buy the equipment for its fair market value (FMV), extend/renew the lease, or return the equipment.
- Application-only up to $500,000
- Simple online application
- 100% financing available, including soft costs
- One-hour credit decisions
- Competitive rates
- Flexible repayment terms
- Same-day funding is available
- Several end-of-lease options
Our Minimum Requirements
- Minimum two years in business
- Three months’ business bank statements
- Favorable payment history
- Business in good standing
- Equipment quote or invoice