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Business funding solution

Equipment Financing

Financing options for vehicles, machinery, technology and other equipment your company needs to operate or expand.

What Is Equipment Financing?

Equipment financing is business financing designed to help acquire equipment used in operations. Depending on the product, the equipment being purchased may serve as collateral.

Equipment That May Be Financed

  • Construction and landscaping equipment
  • Manufacturing machinery
  • Commercial vehicles and trucks
  • Medical, dental or restaurant equipment
  • Warehouse and industrial equipment
  • Computers and technology
  • Tools and specialized machinery

How It Works

  1. Identify the equipment and approximate cost.
  2. Tell us about your business.
  3. Explore potential financing options.
  4. Review amount, repayment, costs, collateral and other terms.
  5. Complete the provider's requirements and acquire eligible equipment.

What Lenders May Consider

Revenue, time in business, cash flow, credit, equipment type, purchase price, age and condition, useful life, down payment, industry and existing obligations may be considered.

Equipment Financing vs. Leasing

Financing generally supports acquisition of equipment, while a lease typically provides the right to use equipment under a lease agreement. Ownership and end-of-term options differ. Consult tax or financial professionals about your specific situation.

Frequently Asked Questions

Can I finance used equipment?

Potentially. Eligibility depends on the provider, equipment type, age, condition and value.

Is a down payment required?

It depends on the lender, borrower and transaction.

Can I finance commercial vehicles?

Some equipment programs include qualifying commercial vehicles and trucks.

Ready to Apply?

If you’re ready to move forward, apply directly with one of our lending partners.

Apply Directly With a Lender

You will leave Clear Water Funding Source and continue your application on a third-party lender website.

Prefer to Talk About Different Funding Options?

If you’d rather tell us about your business first, fill out our short funding request and Clear Water Funding Source can help you explore potential options.

See My Funding Options

Important: Clear Water Funding Source is not a bank or direct lender. We connect businesses with independent third-party lenders and funding providers. Financing is subject to provider approval, eligibility requirements, rates, fees and applicable terms. Submission of a funding request does not guarantee approval or an offer of financing.