Equipment Financing for Small Business: Get the Equipment You Need, Fast
Buy, replace or upgrade the equipment that keeps your business running. Equipment loans and leases through our specialized finance partners, with terms up to 10 years and financing that usually takes about 5 business days.
WRITTEN AND REVIEWED BY Anthony Collin, CEO, Smart Business Funding. Serving businesses since 2014. Published February 26, 2021. Updated October 2026.
Apply directly with us and you work with us
What is equipment financing?
Equipment financing is funding used to buy, replace, repair or upgrade business equipment, structured as an equipment loan or lease. You choose the equipment, the vendor and the timing. Through our specialized equipment finance partners, funding usually takes about 5 business days and terms run up to 10 years.
Equipment funding at a glance
What business owners ask about first when they need a machine, a vehicle or a technology upgrade.
Equipment financing for every kind of business
Through our specialized equipment finance partners, you can finance the equipment your trade depends on. Here are the categories owners ask about most.
Restaurant and Food Service Equipment Financing
Commercial ranges, ovens, walk-in coolers, ice machines, dishwashers, espresso machines, point-of-sale systems and food trucks. Replace a failed unit fast, or outfit a second location.
Restaurant funding
Medical and Dental Equipment Financing
Dental chairs, digital X-ray and imaging, exam tables, ultrasound, lasers, sterilization units and practice technology. Add a service line without draining cash.
Medical practice funding
Construction and Heavy Equipment Financing
Excavators, skid steers, loaders, dump trucks, trailers, lifts, compressors and power tools. Win the next job by having the machine ready to go.
Construction funding
Commercial Vehicle and Fleet Financing
Box trucks, cargo vans, pickups, trailers, tractors and service vehicles. Add a vehicle to your fleet, or get one back on the road after a breakdown.
Trucking and fleet funding
Office Equipment and Technology Financing
Computers, servers, networking gear, copiers, phone systems, security cameras and software hardware. Upgrade the tools your team uses every day.
Browse industries
Farm and Agricultural Equipment Financing
Tractors, balers, planters, sprayers, irrigation systems, grain handling and utility vehicles. Be ready when the season does not wait.
Browse industries
Automotive Shop Equipment Financing
Vehicle lifts, tire changers, wheel balancers, alignment racks, diagnostic scanners and compressors. Add a bay or upgrade the shop.
Automotive funding
Fitness, Salon and Spa Equipment Financing
Treadmills, strength machines, salon chairs, wash stations, massage tables, laser and skin-care devices. Open a new studio or refresh the floor.
Salon and spa funding
Manufacturing and Industrial Machinery Financing
CNC machines, presses, packaging lines, welders, laser cutters, forklifts and shop tooling. Increase capacity and take on larger orders.
Browse industriesNew or used, from a dealer or a private seller. You pick the equipment and the vendor. See each industry page for funding ideas specific to your trade.
If it helps you earn, ask us about financing it
Three steps from application to equipment
Most owners finish the application in minutes. See the full walkthrough on How It Works.
Apply online or by phone
Tell us about your business and the equipment you want. Add recent bank statements, and a quote or invoice from your vendor if you have one.
Get matched with a partner
We work with specialized equipment finance partners and bring your file to the one that fits your equipment and business. You review the terms before you decide.
Get your equipment
Equipment financing usually takes about 5 business days. Then the equipment is paid for, delivered and put to work in your business.
Equipment financing or a merchant cash advance?
We offer both, so you can choose what fits the purchase. Here is how they differ.
| Equipment financing (loan or lease) | Merchant cash advance | |
|---|---|---|
| Funded by | Our specialized equipment finance partners | Smart Business Funding (Direct Fund) or our Marketplace partners |
| Typical timing | About 5 business days | Underwriting usually a few hours (some complete applications; timing varies and is not guaranteed), funding usually 24 to 48 hours from application |
| Typical term | Usually up to 10 years | Up to 10 months, sometimes 15 (Direct Fund), up to 18 months (Marketplace) |
| Best for | Buying or replacing specific equipment over a longer period | Fast working capital for any business need |
Not sure which fits? Tell your funding specialist what you are buying and we will point you to the right option. Learn more about merchant cash advances and our Transparent Terms. Equipment financing is one of several programs covered in our business financing guide.
Line up your financing before you shop for equipment
Knowing your financing in advance lets you negotiate with dealers, grab a good deal on used equipment, or replace a broken machine without losing days of revenue.
- Shop dealers and vendors with a clear budget
- Spread the cost of expensive equipment over a long term, usually up to 10 years
- Keep your working capital free for payroll, inventory and marketing
- Ask your tax advisor how equipment purchases may be treated, including Section 179
What to have ready
Your funding specialist will confirm the exact requirements for your equipment and business.
Equipment financing questions, answered
Can I get equipment financing with Smart Business Funding?
Yes, in a flexible way. We have specialized equipment finance partners, which gives you working capital you can use to buy, replace, repair or upgrade business equipment. It is an equipment loan or lease, so you choose the equipment, the vendor and the timing. Apply directly with us and you work with us.
What kinds of equipment can I finance?
Most business equipment qualifies: restaurant and kitchen equipment, medical and dental equipment, construction and heavy equipment, trucks and vans, office and computer equipment, farm equipment, manufacturing machinery, automotive shop equipment, and fitness, salon and spa equipment.
How long does equipment financing take?
Equipment financing usually takes about 5 business days. Timing depends on the equipment, the vendor paperwork and how quickly we receive your documents.
How long are the terms?
Equipment financing terms are usually up to 10 years. The exact term depends on the equipment, your business and the partner that funds it.
Is this the same as a merchant cash advance?
No. Equipment financing is a separate product, funded by our specialized equipment finance partners. If you need cash for general business needs and want funding in about 24 to 48 hours, our merchant cash advance programs may be a better fit. We can help you compare.
Do I choose the equipment and the vendor?
Yes. You pick the equipment, new or used where the partner allows it, and the vendor. Having a quote or invoice ready helps us move faster.
What do I need to apply?
A short application, recent business bank statements, and an equipment quote or invoice if you have one. Your funding specialist will tell you exactly what else is needed for your situation.
What will it cost?
Rates and terms depend on the equipment, your business and the partner. Your funding specialist will walk you through the full cost before you decide, and we encourage you to compare every option.
Can I get more funding later if I need more equipment?
Many owners finance equipment more than once as the business grows. Talk to your funding specialist about your plans, and see our Renewals page if you are already a Smart Business Funding customer.
More from Smart Business Funding
Ready to get the equipment your business needs?
Terms up to 10 years, financing that usually takes about 5 business days. Apply directly with us.
Equipment financing is provided through Smart Business Funding's specialized equipment finance partners. Approval, amounts, terms and rates depend on the equipment, your business and the partner. Equipment names and images are illustrative.
