Replace Aging Equipment
Replacing unreliable machinery, vehicles, tools or technology may reduce downtime, maintenance costs and interruptions that affect customers.
EQUIPMENT FUNDING
Put the Right Equipment to Work for Your Business
The right tools, vehicles, machinery and technology can increase capacity, improve reliability and help a business take on work it could not handle before.
✓Productive assets✓Replacement or expansion✓Business-focused planning
TOOLS • VEHICLES • CAPACITY
EQUIPMENT FUNDING
Fund the Assets That Help Produce Revenue
Equipment needs look different by industry. The common thread is investing in assets that support productivity, capacity, service or reliability.
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Machinery & Production
Add or replace machinery used to manufacture, fabricate, process or complete customer work.
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Commercial Vehicles
Support vans, trucks, trailers and other vehicles used directly in business operations.
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Technology & Systems
Upgrade computers, point-of-sale systems, specialized technology or workflow equipment.
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Capacity Expansion
Add another piece of equipment when demand, contracts or growth require more output.
BUSINESS FUNDING GUIDE
Equipment Funding for Businesses Investing in Productive Assets
Equipment can affect productivity, service quality, capacity and revenue. A business considering equipment funding should look at the full project cost and the expected business benefit, not only the purchase price.
Increase Capacity
Additional equipment may help a business serve more customers, take on larger jobs, improve turnaround times or add a new service line.
Budget the Entire Project
Consider delivery, installation, training, maintenance, insurance and other costs so the funding request reflects what it will actually take to put the asset to work.
EQUIPMENT ROI
Look Beyond the Purchase Price
A useful equipment plan considers what the asset costs, how quickly it can be put to work, what it may add to capacity and whether the expected benefit supports the funding payment.
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Purchase price plus delivery, installation and setup
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Expected useful life and maintenance needs
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Revenue, capacity or labor efficiency the asset may create
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Downtime or lost opportunity caused by outdated equipment
HOW TO THINK ABOUT IT
Build the Equipment Request Around the Asset
Specific equipment details make the funding purpose easier to understand.
01
Identify the Asset
Gather the equipment description, price or quote and the business reason for the purchase.
02
Connect It to Operations
Explain whether the asset replaces a problem, increases capacity or supports new work.
03
Compare the Terms
Review the final cost and payment structure against the expected business benefit.
GOOD QUESTIONS TO ASK
Business Funding FAQ
What types of equipment can be considered?
Examples can include machinery, commercial vehicles, tools, technology and specialized business equipment, subject to the actual program.
Can funding be used to replace old equipment?
Replacement is a common business reason for seeking capital, especially when breakdowns or downtime affect operations.
Does the equipment itself guarantee approval?
No. Eligibility and approval depend on the applicable funding product and the overall business review.
EXPLORE MORE
More Business Funding Uses
READY FOR THE NEXT STEP?
Have Equipment You Need to Put to Work?
Share the asset, approximate cost and how it will help the business operate or grow.
Funding is subject to eligibility, approval and final terms.