![](https://twelve31.com/wp-content/uploads/2022/09/equipment.webp)
Understanding Equipment Financing
Loan Amount
$5,000- $5,000,000
Time to Fund
As Fast As 24 Hours
Loan Terms
1-5 Years
Interest Rate
As Low as 7.5%
Equipment financing options for nearly every industry
Need a new backhoe? Or a credit card processing app? Or, even a six-speed blender for all those sales guys on your team who do Crossfit after work and can’t seem to function without their morning protein smoothies? There’s a loan for that. Seriously. There are small business equipment financing options for nearly every industry and every kind of kooky apparatus you need – which means your wish list is probably covered.
Check EligibilityMinimum Requirements For Equipment Financing
If your business doesn’t match some of the qualifiers below, it may be more challenging to receive funding from our lending partners.
![](https://twelve31.com/wp-content/uploads/2022/09/stack-line-1.png)
Credit Score
650 or higher
![](https://twelve31.com/wp-content/uploads/2022/09/stack-line-1.png)
Annual Revenue
$50,000+
![](https://twelve31.com/wp-content/uploads/2022/09/computer-line.png)
Time In Business
12 Months
Get Quick Loan Offers from Multiple Lenders
Credit approval is more flexible with this type of commercial banking because the equipment is used as collateral to secure the financing.