Equipment Financing

Apply Online for a Equipment Financing

Upgrade your Equipment and Free Up Working Capital in the Process
Equipment Financing

Empowering Your Financial Future

Equipment loan up to

$5,000,000

Rates as low as

7.5%2 of your monthly revenue

Approvals as fast as

24 Hours

What is Equipment Financing?

Business owners are constantly seeking ways to provide excellent service to their customers. Equipment financing is a type of funding that is less risky for lenders when compared to traditional term loans. It’s a financial arrangement where you obtain funding to purchase or repair equipment, tools, technology, or machinery necessary for the operation of your business.

The equipment financing program offered by FundMate provides businesses with a swift and cost-effective means to acquire new equipment or repair existing ones. This can significantly enhance a business’s productivity, efficiency, and overall service quality.

While traditional banks typically offer the most favorable interest rates and terms for equipment financing, they often have strict credit standards and lengthy approval processes. This can make it challenging to secure the necessary funding quickly, which can be crucial for businesses needing to purchase or repair equipment to maintain or improve their operations.

Small Business line of credit - Fund Mate

Fast Equipment Financing Made Simple

Competitive Interest Rates

Secure financing with APRs as low as 7.5%, thanks to the lower risk of equipment loans compared to term loans.

Low Personal Credit Requirement

A credit score of 550 or above is sufficient, as the equipment serves as collateral.

Maximum Cash In Hand

Get started with $0 down; we cover 100% of the equipment cost.

Transparent Process, No Hidden Fees

No hidden fees or pre-payment penalties. We walk you through the entire process, terms, and payment schedule keeping it crystal clear.

What are the Equipment Financing Used For?

Equipment loans serve two main purposes: repairing existing equipment and acquiring new assets to fuel your business growth. This type of financing is specifically designed to fund various business-related equipment needs, including Commercial Vehicles, Medical Equipment, Restaurant Appliances, Construction Tools, Manufacturing Machinery, Farm Gear, Office Essentials, and more.

What sets our equipment financing program apart:

  • Zero Down Payment: We cover the entire equipment cost, so you don’t need to worry about upfront payments.
  • No Prepayment Penalties: You have the flexibility to pay off the loan early without any penalties, offering you greater control over your financial strategy.
SBA Loan - Fund Mate
Funding for start up businesses - Fund Mate LLC

Qualify for an Equipment Financing Loan

Equipment loans are an attractive choice for lenders for several reasons. While their specific requirements may vary, equipment loans are generally accessible to a wide range of business owners, including minority entrepreneurs, those with less-than-perfect credit histories, or newer businesses.

Here are the typical qualifications for equipment financing. You will need a credit score of 550 or above, and have at least 6+ months in business. There is no down payment: Most lenders do not require a down payment, as they cover 100% of the equipment cost.

These accessible requirements make equipment financing an attainable option for a diverse range of business owners, promoting business growth and accessibility to funding opportunities.

What you need to get started

Minimum qualifications

What you need to apply

Ready to apply? Get Started

Same Day Business Funding

How It Works

Fill Out Our Quick & Easy Online Application

We Find The Best Possible Offer For Your Business In Minutes

Receive The Funds In Your Account In Under 24 Hours

Federal grants for small business start up - Fund Mate

Why Get Financing Through Fundmate

Traditional banks can be time-consuming, delaying your ability to make quick purchases. At FundMate, we understand that business owners often have limited time to navigate the financing process. That’s why we prioritize speed, ensuring you can acquire what you need promptly.

If you have any questions or concerns, don’t hesitate to reach out to one of our specialists. They will assess your requirements, provide explanations, and guide you through the process, making sure you get the support and funding you need efficiently and without unnecessary delays.

Meet our advisors.

Ready to apply? (800) 723-1691

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