What it is used for
- Buying new or used machinery and equipment
- Trucks, trailers and titled vehicles
- Heavy construction and specialty equipment
- Sale-leasebacks that turn owned equipment into working capital
- Vendor and dealer purchases
How it is typically structured
- Loan or lease
- Equipment loans build ownership; leases can lower payments and offer end-of-term options
- Collateral
- The equipment being financed
- Term
- Commonly matched to the useful life of the equipment
- Down payment
- Varies with credit, time in business and equipment type
Terms vary by lender, property and borrower. This is general market information, not a quote or commitment.
What lenders look at
- Equipment type, age and resale value
- Time in business and revenue
- Business and personal credit
- How the equipment generates revenue
What you will need
- Equipment quote or invoice
- Recent business bank statements
- Business tax returns for larger requests
- Entity documents
Your portal checklist is generated from your deal, so you are only asked for what your file needs.
How DealRail places it
Equipment financing is placed through lending partners who specialize by equipment type and credit profile. We route each request to the lenders who actively finance that kind of equipment.
Common questions
Should I lease or finance equipment?
Financing builds ownership and suits equipment you plan to keep for its full life. Leasing can lower payments and make upgrades easier. The right choice depends on cash flow, tax treatment and how long you will use the equipment, so review it with your accountant.
Can I finance used equipment?
Yes. Many lenders finance used equipment, though age, condition and resale value affect the terms available.
What is an equipment sale-leaseback?
In a sale-leaseback, a business sells equipment it already owns to a lender and leases it back, turning equity in the equipment into working capital while continuing to use it.