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Equipment Financing

Keep the business equipped to grow.

Finance the vehicles, machinery, and technology your operation needs while preserving cash for day-to-day expenses.

Finance Equipment
StructureFinancing tied to the asset
Typical useMachinery, vehicles, technology
RepaymentTerm aligned to the asset's useful life
CollateralTypically the equipment
How it works

The Asset Purchase Journey.

EquipmentIdentify

New or used, and what it enables.

→
QuoteVendor invoice

Cost, model, and delivery timing.

→
StructureFinancing

Term aligned to useful life; equipment is collateral.

→
PurchaseAcquire

Vendor is paid; the asset goes to work.

→
Useful lifeRepay

The asset produces while the balance retires.

Equipment financing

Acquire Equipment, Preserve Working Capital

Finance vehicles, machinery, and technology over a defined term so day-to-day cash stays available for operations.

Practices & clinics

Medical and Practice Equipment

Diagnostic, dental, and clinical equipment can be financed over a defined term so practices preserve operating cash.

Equipment you can finance

  • Trucks
  • Construction equipment
  • Manufacturing machinery
  • Restaurant equipment
  • Medical equipment
  • Automotive equipment
  • Technology
  • Production equipment

Industries we work with

  • Transportation
  • Construction
  • Manufacturing
  • Healthcare
  • Restaurants
  • Automotive
  • Landscaping
  • Industrial services

How it works

Equipment financing is generally tied to the asset being acquired, which can simplify structuring compared with unsecured options. Amounts, terms, and documentation vary by program and by the equipment involved.

Availability and terms depend on the equipment, the business profile, and underwriting.
Payment planning

Calculate the monthly payment.

Enter the amount, annual rate, and repayment term to calculate the scheduled payment.

Payment Calculator
Monthly payment
$0

Enter an amount, annual rate, and term.

Calculated from your inputs. Excludes fees and any balloon payment; actual financing terms are set in the written offer.

Underwriting focus

Collateral, Useful Life & Down Payment.

Not every factor applies to every request, but these are the areas that commonly shape a decision.

Revenue & cash flowHow consistently money moves through the business.
Operating historyTime in business and track record.
Existing obligationsCurrent financing and debt service load.
Credit profileBusiness, and where applicable personal, credit.
CollateralAvailable assets or equity, where the structure uses them.
Use of fundsWhat the capital is for and how it supports the business.
Banking activityDeposits, account activity, and recent business statements.
IndustryThe business model and the industry it operates in.

Typical situations

  • Manufacturing machinery
  • Commercial vehicles and trucks
  • Construction equipment
  • Medical or dental equipment
  • Technology and systems
  • The equipment itself often supports the financing
  • Preserves working capital versus paying cash
  • Terms can be matched to the asset's useful life
  • New and used equipment are evaluated differently
  • Down payment or equity may apply depending on the asset
  • The asset's expected life affects the structure

Equipment financing keeps cash in the business versus a cash purchase, and ties the term to the asset. For mixed needs, a term loan or line of credit may be considered alongside it.

Before you apply

Gather Equipment Details

  • Vendor quote or invoice
  • New or used, and the equipment's useful life
  • Vendor contact and delivery timing
  • Any down payment or trade-in
FAQ

Frequently Asked Questions

Machinery, vehicles, technology, and other business equipment. The asset is typically tied to the financing.
Often, depending on the asset and program. Eligibility is confirmed during underwriting.
Usually the financed equipment serves as the collateral, which is part of why terms are often matched to the asset's useful life.
Often, yes. Financing spreads the cost over time instead of paying cash up front, which can keep working capital available for operations.

Have a question about your business? Start a financing request and our team will follow up.

LIVC Business Intelligence

Review the terms behind the decision.

Product structures, repayment considerations, and dated policy updates in one place.

View relevant research

Put the equipment plan in motion.

Provide the equipment details, purchase amount, and how the asset will support the business.

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