Whether you run a construction company, restaurant, trucking service, or salon—equipment is the backbone of your business. But buying new equipment outright can be expensive and drain your cash flow.
That’s why equipment loans exist—to help businesses like yours get the tools, machinery, or vehicles you need without paying all at once.
At HereIsYourCash, we make it easy to get funded for the equipment your business depends on. Even if you’ve been turned down by a bank, we have flexible financing options for all types of businesses and credit situations.
📞 Call 843-941-1373 now to see what you qualify for—or keep reading to learn everything you need to know about equipment loans in 2025.
What Is an Equipment Loan?
An equipment loan is a type of business financing used to purchase physical assets. These assets could be:
- Commercial vehicles
- Restaurant appliances
- Dental or medical machines
- Construction equipment
- Office technology (like computers or copiers)
- Salon chairs and beauty tools
- Manufacturing or warehouse machinery
The best part? The equipment itself serves as collateral, so you don’t have to pledge personal or business property.
Who Should Use Equipment Financing?
Almost any business that relies on tools, machines, or tech can benefit from an equipment loan. Here are some real examples of how businesses use equipment financing:
- A contractor buying a new skid steer
- A delivery company upgrading their van fleet
- A startup dentist purchasing a dental X-ray machine
- A printing shop replacing their outdated press
- A new restaurant investing in ovens, fryers, and fridges
Whether you’re starting fresh or replacing old gear, financing makes it affordable to get what you need without stalling growth.
Benefits of Equipment Loans for Small Business Owners
If you’re wondering whether this type of loan is right for you, here’s what makes it so powerful:
✅ 1. Preserve Your Cash Flow
You don’t have to drain your bank account to buy what your business needs. You get the equipment now and pay over time.
✅ 2. Low Down Payments
Many equipment loans require little to no money upfront. That means you keep your cash available for other needs.
✅ 3. Flexible Terms
Loan terms can range from 12 to 72 months, depending on the asset and lender.
✅ 4. Fast Approvals
With HereIsYourCash, you can get approved in as little as 24 hours. Some clients get funded in 1-2 business days.
✅ 5. Tax Benefits
Section 179 of the IRS tax code allows businesses to deduct the full purchase price of financed equipment.
✅ 6. Build Business Credit
Consistent payments on an equipment loan can help improve your credit profile and qualify you for larger financing later.
How to Qualify for an Equipment Loan
Each lender has slightly different requirements, but in general, you’ll want to meet the following minimum criteria:
Basic Requirements:
- U.S.-based business
- 6+ months in operation
- Monthly revenue of $5,000 or more
- Equipment quote or invoice from the seller
Credit Score:
- We work with credit scores as low as 550
- Better scores = better rates, but bad credit won’t stop you from getting funded through HereIsYourCash
📞 Call us at 843-941-1373 to see your best options. One quick call can save you hours of frustration.
Equipment Loans vs. Equipment Leasing — Which Is Better?
If you’re comparing equipment loans vs. equipment leasing, here’s how they break down:
| Feature | Equipment Loan | Equipment Lease |
|---|---|---|
| Ownership | You own it after loan is paid off | You rent it — no ownership |
| Monthly Payments | Often lower interest rates | Often lower monthly payments (short-term) |
| Upfront Costs | May require down payment | Typically less up front |
| Tax Benefits | Can deduct full value under Section 179 | Lease payments may be deductible |
| Best For | Long-term use of equipment | Short-term or rapidly depreciating items |
In general:
👉 Choose a loan if you want to own the equipment long-term.
👉 Choose a lease if you want lower short-term costs and plan to upgrade often.
At HereIsYourCash, we offer both options and can help you decide which is right for your business.
Step-by-Step: How to Get Equipment Financing from HereIsYourCash
Our 3-step process is fast and simple:
Step 1: Apply Online or Call
Go to HereIsYourCash.com or dial 843-941-1373 to get pre-qualified.
Step 2: Submit Equipment Quote and Bank Statements
We’ll use these to match you with a lender who fits your business profile.
Step 3: Get Approved and Funded
Once approved, funds go directly to the equipment seller or your business account, depending on the setup.
What Kinds of Equipment Can Be Financed?
We’ve helped businesses secure loans for nearly every type of equipment, including:
- Excavators, bulldozers, and backhoes
- Refrigeration units and industrial ovens
- Company vehicles and trailers
- Point-of-sale systems and kiosks
- Office computers, servers, and monitors
- Dental chairs and surgical tools
- Commercial washers and dryers
- 3D printers and CNC machines
If it’s essential to your business, chances are we can finance it. Call 843-941-1373 to confirm your item qualifies.
What Our Clients Are Saying
“HereIsYourCash helped us get two new box trucks when no bank would touch us. They funded us in 48 hours.”
– Brian, Logistics Manager, Atlanta GA
“I financed an entire restaurant kitchen through them. Payments were super affordable and it boosted our opening timeline by months.”
– Selena, Restaurant Owner, Charlotte NC
“I thought bad credit meant I couldn’t qualify. They showed me I was wrong—and now my salon has brand-new chairs and dryers.”
– Vanessa, Salon Owner, Jacksonville FL
Common Questions About Equipment Loans
Q: What’s the difference between equipment loans and regular business loans?
A: Equipment loans are specifically for purchasing physical assets, and the equipment acts as collateral. That often means faster approvals and lower rates.
Q: Can I finance used equipment?
A: Yes! Many of our lenders allow financing for used equipment in good condition from verified sellers.
Q: Is there a prepayment penalty?
A: Some lenders offer early payoff discounts. We’ll make sure you understand all the terms before you sign.
Q: What if I have bad credit?
A: We work with credit scores as low as 550. You still have options.
Q: How fast can I get the money?
A: Most clients are funded within 24–72 hours after submitting complete documents.
Final Thoughts: Invest in Your Business the Smart Way
If you’ve been putting off buying new equipment because of the cost—don’t. Delaying key upgrades can hurt your operations, reduce your competitiveness, or stop you from scaling.
With flexible terms, fast approvals, and low credit requirements, equipment loans are one of the most accessible forms of business financing available in 2025.
And at HereIsYourCash, we make the process simple.
✅ Ready to Finance Your Equipment?
Call 843-941-1373 now or visit HereIsYourCash.com to get started.
Even if a bank says no—we say yes to real businesses that need real tools to succeed.