Equipment Financing
Equipment Financing — Compare Rates, Lenders & Terms
Get the machinery, vehicles, kitchen, medical or tech equipment your business needs now — and spread the cost over the life of the asset instead of paying cash up front.
- The equipment secures the loan
- Finance up to 100% of cost
- Loan or lease structures
100%
Of equipment cost often financeable
$1M+
Asset sizes lenders will fund
1–7 yrs
Terms matched to the asset's life
$0
To compare — always free
Get The Equipment Now, Pay Over Its Useful Life
Equipment financing lets a business acquire essential assets — from a delivery van or CNC machine to restaurant ovens, dental chairs or a fleet of laptops — without tying up working capital. Because the equipment itself secures the loan, approval is often easier than an unsecured business loan, and you can frequently finance the full cost plus soft costs like delivery and installation.
You can structure it as a loan (you own the asset at the end) or a lease (lower payments, with an option to buy or upgrade). We compare both across multiple lenders so the monthly cost and the end-of-term outcome both work for you.
Match the payment to the asset, not the other way around
The right structure on equipment finance is the one whose term, payment and end-of-term outcome line up with how long the asset earns its keep. A machine that runs for a decade and a laptop fleet that's obsolete in three years should never be financed the same way.
We route you to lenders who specialise in your equipment type, so the offer reflects the real resale value and useful life of the asset — not a generic rate card that prices every deal the same.
The asset is the collateral
Because the equipment secures the financing, approval leans on the asset's value as much as your credit — often making it more accessible than an unsecured loan.
Loan or lease, side by side
Own it outright at term-end, or lease for lower payments and an easy upgrade path. We model both so the structure fits how long you'll actually use the equipment.
Lenders who know your kit
Construction, medical, restaurant, transport, IT — specialist lenders price each fairly. We match your equipment to the ones that underwrite it well.
Lease vs finance-to-own — which structure fits?
Two ways to put equipment to work today. We weigh both against the asset's useful life and your cash flow so the payment and the end-of-term outcome both make sense.
Lease
Lower monthly payments and a built-in path to keep current — return, renew or buy at term-end.
- Lower payments than a loan for the same equipment
- Upgrade or hand back fast-depreciating tech at term-end
- Often little or nothing down to get started
- Payments may be treated as an operating expense — check with your accountant
Best for: Fast-changing equipment — IT, diagnostics, anything you'll want to refresh in a few years.
Finance to own
A loan you pay down to outright ownership — the asset is yours free and clear at the end of the term.
- You own the equipment outright once the loan is paid
- Builds equity in an asset that holds its value
- May qualify for Section 179 or bonus depreciation — confirm with your accountant
- No mileage, usage or return conditions to manage
Best for: Long-life equipment — machinery, vehicles and tools you'll run for many years.
Typical Equipment Financing Rates
Sample structures from equipment lenders — submit a quote for offers based on the equipment, your business and the term.
LightStream
4.7
Personal Loan
Up to 84 months
- No fees, no prepayment penalty
- Same-day funding available
- Loans up to $100,000
SoFi
4.5
Personal Loan
Up to 60 months
- No origination fees
- Member discounts
- Unemployment protection
Marcus by GS
4.4
Fixed Rate Loan
Up to 72 months
- No fees ever
- Customize your payment date
- Skip a payment option
How To Compare Equipment Financing Offers Using Comparison Junction?
- 1
Tell Us What You're Buying
Equipment type, cost, new or used, and a bit about your business — that's enough to size an offer.
- 2
Soft Pre-Qualification
Lenders that specialize in your equipment type review your profile and return real structures.
- 3
Compare Loan vs Lease
Monthly payment, total cost, ownership at term-end and tax treatment — side by side.
- 4
Get Funded Fast
Approvals on standard equipment are quick; many deals fund within a couple of business days so you can take delivery.
Why Comparison Junction
Why compare equipment financing with Comparison Junction
Equipment offers vary by lender, asset and structure, and the cheapest monthly payment isn't always the cheapest deal. We make the rate, the term and the end-of-term outcome clear — so the financing genuinely fits the asset.
Featured
Keep your cash working
Spread the cost over the equipment's life instead of a lump sum, so working capital stays free for payroll, inventory and growth.
Smart comparison preview
No hidden costs
Origination fees, end-of-term buyout options, documentation charges and the true total cost spelled out before you sign.
Funded fast
We coordinate the application, pre-qualification and approval so standard equipment deals can fund in a couple of business days.
Expert structure matching
A real advisor matches the equipment's useful life to the right loan or lease — independent guidance, not a one-size-fits-all rate.
Lenders you can trust
We compare established equipment lenders, so the financing behind your asset comes from a source that funds and services deals reliably.
Tax-smart structures
Loans and leases carry different tax treatment — Section 179, bonus depreciation, expensed payments. We flag the angles to confirm with your accountant.
Here's what our customers have to say
“Michael went above and beyond to answer all my questions and helped make the process very easy.”
Michael Tennant
“Daniel was knowledgeable, patient, and helped reduce my electric bill stress completely.”
Lisa M
“Jack walked me through the process and helped me find one of the best rates available.”
Sylvia Nambassa
“Stewart explained everything clearly and showed me how I could save money on future bills.”
Carleton
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Disclaimer: All trademarks remain the property of their respective owners, and are used by Comparison Junction only to describe products and services offered by each respective trademark holder. All trademarks remain the property of their respective owners and are used solely to describe products and services offered by their respective trademark holders. Comparison Junction may receive compensation from providers for qualified enrollments or completed services. Savings and availability vary based on market conditions, provider availability, customer usage, and geographic location.