Equipment Financing · Asset-secured

The machine pays for itself.

Finance equipment where the asset itself is the collateral — so rates stay low, approvals stay fast, and your cash stays in the business. Up to 100% of the purchase, including soft costs.

Typical APR range
7.5–19.9%
Range updated May 19, 2026
Financing
Up to 100%
Term
2–7 yr
Min credit
600+
Funded in
1–4 days
Honest fit

Is this the right tool?

We earn more on some products than others — so the only way you can trust a recommendation is if we tell you when to walk away. Here is exactly who this is, and isn't, for.

A good fit if…
  • You’re buying a specific piece of equipment or vehicle
  • You want to keep cash on hand instead of paying upfront
  • You like that the equipment secures the loan, not your house
  • You have been open at least 6 months
Look elsewhere if…
The real number

What it actually costs.

One worked example, every line shown — including what we earn. No teaser rate, no fine print. Want to run your own numbers? The calculator does it live.

Worked example
$80,000 equipment over 60 months at 11% APR
Equipment cost$80,000
Financed100%
APR11%
Term60 months
Monthly payment$1,739
Total interest$24,340
Emet origination (1–3%)$800–$2,400
Total cost of capital$24,340
How to read this

The equipment is the collateral, so there’s usually no separate down payment or lien on other assets. Emet’s origination share is disclosed on your offer and never added to your rate.

Run your own numbers in the calculator
What you need

Eligibility & documents.

The honest minimums and the exact paperwork — so you know whether to apply and what to gather before you do.

Minimum requirements
  • 6+ months in business
  • 600+ personal credit
  • $8K+ average monthly revenue
  • A quote or invoice for the equipment
Documents to gather
  • Driver’s license & voided check
  • Equipment quote or invoice from the vendor
  • Last 3–6 months business bank statements
  • Tax return (deals over $150K)
Application → funded
  1. STEP 1
    Apply
    4 minutes
    Soft pull, no score impact
  2. STEP 2
    Vendor quote
    We finance straight to the seller
  3. STEP 3
    Offer
    Same day
    Rate and term on the asset
  4. STEP 4
    Funded
    1–4 days
    Vendor paid, equipment yours
Side by side

Compared with the alternatives.

The two products people weigh this against most often. Same numbers as our Rate Library, so the comparison is apples to apples.

Equipment FinancingThis page
Asset-secured
Term Loan
Fixed installments
SBA 7(a)
Government-backed
Rate7.5–19.9% APR8.9–24.9% APR6.5–11.5% APR
Amount$15K–$2M$25K–$500K$50K–$5M
Funded in1–4 days1–3 days2–6 weeks
Best forBuying equipmentPredictable lump sumLowest rate, big projects
Apply now →View TermView SBA
Straight answers

Questions, answered.

Can I finance the full purchase?

Often yes — up to 100% of the equipment cost, and sometimes soft costs like delivery and installation. Newer or in-demand equipment qualifies for the highest financing percentage.

New or used equipment?

Both. Used and even private-party equipment can qualify; the rate and term depend on the asset’s age and expected useful life.

What if my credit isn’t great?

Because the equipment secures the loan, approvals go down to around 600 — lower than most unsecured options. A larger down payment can offset weaker credit.

What does Emet earn?

A 1.0–3.0% origination share, disclosed on every offer and never added to your rate.

Do I own the equipment?

Yes. With a finance agreement you own the equipment outright; the lender simply holds a lien until it’s paid off. We’ll flag any lease-style structures clearly.

Four minutes · one soft pull

See your real rate today.

Answer seven questions and we’ll shop 40+ lenders for you — side-by-side offers, every fee disclosed, our cut shown. No hard pull until you accept.

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