Equipment Funding for Small Business
Whether it's a new delivery van, a CNC machine, restaurant ovens, or medical imaging gear, equipment is often the single largest purchase a small business makes, and tying up your cash to buy it outright can strangle your operations. Equipment funding lets the asset itself serve as collateral, which lowers the approval barrier and often means little or no money down. Quordx Capital connects you to equipment financing specialists across a 50+ lender network, matching your single application to the best-fit lenders with decisions in 24-48 hours and funding in 3-7 business days, for free.
Last updated · Reviewed by Cody Dreis
50+ Lenders|Funding in as little as 24 hours
Why Equipment Funding Is the Right Tool
Because the equipment secures the loan, lenders take on less risk and pass some of that benefit to you, better rates (typically 7-20%) and more flexible credit requirements than unsecured borrowing. You can often finance up to 100% of the purchase price, and you own the asset outright once it's paid off. Terms usually run 24-84 months depending on the equipment's useful life.
Quordx Capital's matching identifies lenders in our network who understand your equipment type and structure terms accordingly, a difference that matters when financing something with a long lifespan versus something that depreciates fast.
There can be a tax angle worth raising with your accountant, too. Section 179 lets many businesses deduct the full purchase price of qualifying equipment in the year it's placed in service, even when it's financed, meaning you can write off the asset while spreading the payments over several years. That combination is part of why financing equipment often beats draining cash to buy it outright: you keep working capital free and may lower this year's tax bill at the same time.
Which Funding Options Fit Equipment Needs?
Equipment Financing: The asset is collateral, $5K, $5M+, often $0 down. Best for: buying machinery, vehicles, or technology.
Term Loan: Fixed lump sum if you'd rather not tie financing to the asset, 8-30% APR. Best for: bundling equipment with other needs.
Line of Credit: Revolving capital for smaller or recurring equipment buys. Best for: ongoing tool or hardware purchases.
Apply for Funding
No obligation · Initial inquiry doesn't impact credit · Takes about 10 minutes
Written by
Cody Dreis
Founder, Quordx Capital
Read full bio
Related articles
More on this topic from the Quordx Capital library.
Important Disclosures
Quordx Capital is a business funding broker, not a lender. We facilitate introductions between U.S. small and medium-sized businesses and lenders or capital providers in our network. All credit decisions, funding amounts, rates, fees, repayment terms, and timelines are determined solely by individual lenders based on their own underwriting criteria.
Funding figures and timelines shown on this page are illustrative and represent ranges within our lender network, they are not guarantees and individual outcomes may vary based on business profile, industry, time in business, revenue, credit history, and lender availability. Not all applicants qualify for every product.
The initial inquiry does not impact your personal credit score. Some lenders may perform a hard credit pull during underwriting; Quordx only authorizes such checks with your specific consent for the lender presenting an offer. Applicants are protected under the Equal Credit Opportunity Act (ECOA) from discrimination based on race, color, religion, national origin, sex, marital status, age, or because all or part of an applicant's income derives from any public-assistance program.
This Site is intended for commercial, business-purpose financing for U.S. businesses only. Not available for consumer loans, residential mortgages, or owner-occupied real estate. Quordx may receive compensation from lenders when applications result in funded transactions. This does not change the rate, fee, or terms offered to you. See our Advertiser Disclosure for details.
By submitting an application or contact information, you consent to be contacted by Quordx and its lending partners via phone, text, and email, including by automated means, regarding your funding inquiry. Consent is not a condition of receiving funding. Message and data rates may apply. Reply STOP to opt out. See our Privacy Policy and Terms of Service.