Increase Productivity With Big Think's Business Equipment Financing
Providing transparent, tailored funding solutions to acquire the equipment that drives your business forward.
Loan Amount$10,000 – $5,000,000
TermMatched to equipment life
Down PaymentOften 0%
Funding Time3 – 7 business days
Min Credit Score580
Overview
Has your growing business developed additional equipment needs? One of the best ways to get funding for your equipment is by working with a business equipment financing company.
Big Think Capital tailors financing options to suit your specific equipment needs — vehicles, machinery, restaurant equipment, medical devices, manufacturing tools, or technology — ensuring affordable rates and terms that align with your business's growth plans.
Equipment financing is its own product category because the equipment itself serves as collateral. That single fact unlocks lower rates, smaller down payments (often zero), and softer credit requirements than an unsecured term loan. For asset-heavy industries — construction, transportation, manufacturing, food service, medical, dental, automotive — equipment financing is almost always the right answer for any single asset over $10,000.
Loan structures fall into two buckets: equipment loans (you own the asset from day one, build equity, and at the end of the term you own it free and clear), and equipment leases (lower monthly payments, sometimes with a $1 buyout or fair-market-value buyout at the end). Loans win for long-life assets you'll keep; leases win for fast-depreciating tech you'll upgrade. Typical equipment loan rates run 8–25% APR, with the lowest pricing reserved for strong credit and titled, easy-to-resell assets. Rates and terms vary by lender and borrower profile.
A common archetype: a 4-year-old plumbing contractor finances a $75,000 service van at 0% down over 5 years. The monthly payment is $1,400 and the van services 8 calls a day at $250 per call — the asset pays for itself in the first week of any month. That's equipment financing math. Larger fleet purchases over $250K can often combine with SBA loans. Apply with assistance or contact us to map the right structure.
Benefits
No Application Fee
With no application fee we make it easier and more cost-effective to secure the funding you need to invest in essential equipment for your business.
No Prepayment Penalties
Prepayment penalties are a thing of the past — pay off your loan early without additional costs, giving you the freedom to manage your finances more efficiently.
Funds Available on Demand
Immediate access to funds so you can quickly acquire the equipment you need to keep operations running smoothly and support business growth.
Who typically qualifies for equipment financing
Credit score of 580+ (650+ for the best pricing and 0% down)
At least 6 months in business; 24+ months unlocks better terms
Annual revenue of $100,000+
An equipment quote, invoice, or VIN from the seller/vendor
Down payment of 0–20% depending on credit profile and asset type
Personal guarantee from majority owner
Documentation: application, 3–6 months bank statements, equipment quote
How equipment financing works
Find the equipment
Identify the asset you need and get a quote, invoice, or VIN from the vendor or seller. New, used, and private-party purchases are all eligible.
Apply with the quote
Submit a brief application with the equipment details. Soft credit pull; many approvals come back in hours.
Get approved
Receive offers with the loan amount, term (matched to equipment life), rate, monthly payment, and down payment if any.
Pay the vendor
Funds disburse directly to the equipment vendor or seller — not to your business account — which keeps the structure clean and lender-friendly.
Operate and repay
Take delivery of the equipment and begin monthly payments. The asset is collateral for the loan; you own it free and clear at term end.
What you can finance
Commercial vehicles & fleet
Service vans, box trucks, semi-tractors, dump trucks, refrigerated trailers — titled vehicles finance fastest and at the best rates.
Heavy equipment & machinery
Excavators, skid steers, CNC machines, presses, forklifts, generators — typically 5–7 year terms matched to useful life.
Restaurant equipment
Walk-ins, ovens, fryers, dishwashers, espresso lines, full kitchen build-outs — often financed as a package including the install.
Medical & dental equipment
Imaging, lasers, dental chairs, cone-beam CT, sterilizers — practice equipment finances well thanks to long useful life and resale demand.
Technology & IT
Servers, network gear, POS systems, computers, software bundles — typically shorter 2–3 year terms because tech depreciates faster.
Specialty & niche equipment
Brewing systems, salon stations, gym equipment, printing presses, automotive lifts — most legitimate business equipment with a clear vendor can be financed.
How equipment financing compares
vs Business Term Loan
Equipment financing wins on rate for any titled asset
Because the equipment is collateral, equipment financing typically prices 3–8 points lower than an unsecured term loan and often requires 0% down. Learn more
vs SBA Loans
SBA wins for fleet and large multi-asset deals
Single-asset deals fund fastest as standalone equipment financing. For fleet purchases or combined real-estate-plus-equipment packages over $250K, an SBA 504 often beats equipment financing on rate and term. Learn more
vs Lease vs Loan
Loan for keepers, lease for upgraders
A loan builds equity and ends with ownership — best for long-life assets. A lease has lower payments and end-of-term flexibility — best for fast-depreciating tech you'll replace every 3 years.
Ready to apply for Equipment Financing?
Get matched in minutes. No hard credit pull, no obligation.
Disclaimer: The above information is provided as a guideline. Some loan conditions may fall outside of these parameters. We recommend that you speak with one of our advisors before taking any course of action based on this information.
