Typical requirements
- Usually 650+ personal credit
- Often 2+ years in business
- Equipment quote or invoice
- Business financial and ownership details
Finance business equipment
Equipment Financing
Match the financing structure to the equipment your business needs. The Capitol Fund helps owners apply and get matched with third-party equipment-financing options.
Equipment, down payment, term and approval requirements vary by provider.
Who it may fit
Equipment financing may fit contractors, trucking companies, restaurants, medical practices and other businesses acquiring revenue-producing equipment.
Equipment matters
The age, condition, useful life and resale value of the equipment may influence available structures.
Plan the full cost
Consider the payment, term, down payment, maintenance, insurance and potential end-of-term obligations.
How it works
Prepare the equipment details before submitting the funding inquiry.
Identify the equipment
Gather the vendor quote, equipment description and intended business use.
Submit business details
Share credit, revenue, time-in-business and ownership information for review.
Compare structures
If options are available, compare the total cost, payment schedule and ownership terms.
Equipment financing FAQ
Common questions
Can used equipment qualify?
Some providers consider used equipment. Eligibility may depend on age, condition, value, vendor and remaining useful life.
Is a down payment required?
It may be. Down-payment requirements vary based on the applicant, equipment and financing structure.
Does The Capitol Fund finance the equipment?
No. We help business owners apply and get matched with options from third-party funding providers.