Equipment Financing – SIERRA Business Funding

Finance your equipment with Sierra Business Funding.

100%

pre-funding available, no collateral required.

$500,000

with application only, with the most agressive rates

2 – 4 hours

approvals – as fast as we ever been.

3 – 24 month

deferred payment options – pay when you profit.

What is a equipment financing and how does it work?

Equipment financing is a type of business financing that is specifically designed to help companies acquire the equipment they need to operate and grow. Whether you’re starting a new business, expanding your current operations, or simply need to replace outdated equipment, equipment financing can provide a cost-effective and convenient way to get the equipment you need.

So how does equipment financing work? Essentially, equipment financing allows you to borrow money to purchase the equipment you need, and then pay back the loan over time with interest.

Working Capital

Get the best use of funds from our working capital products

Medical deserves the most care

Get more with a line of credit

Construction with the best tools

Finance your equipment today

For the manufacturing

Always on time with term loans

Technology is key, right?

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Are we a match?

in business, at least.

0 months

personal FICO score.

0 +

in gross annual revenue.

$ 0 K+

Bankruptcies

none opened.

If you are full of why’s and what’s…

Check our consolidated list of frequently asked questions to help you navigate our lines of credit.

You’ll need excellent credit to get equipment financing. Applying through your local bank or an online financing company like Sierra Business Funding can help you discover what kinds of business equipment loans you can qualify for.

It depends on how much money you need and your qualifications. Businesses with good credit that have a good history are more likely to get equipment loans. It’s important to find out what lenders are looking for before you apply for a loan.

Some equipment loans have interest rates almost as high as 10%. Businesses with poor credit are more likely to get higher interest rate loans than those with good credit. Some interest rates are as low as 2.8% and businesses with great credit and a good business history are more likely to get that rate.

You can finance equipment from two to seven years. The lender will determine if the used equipment you want to purchase is eligible for a longer or shorter term loan.