Business Equipment Financing
When your business needs upgraded equipment or technology to better serve your customers, you need access to payment options quickly.
Business Equipment financing helps you finance up to 100% of the new or used equipment you need for your business. Applying for an equipment loan is typically a fast and easy way to finance the purchase of most types of equipment—computers, machinery, vehicles, or whatever else you need.
Calculate
- Online Calculator
- Quick Repsonse
- No Credit Check
Apply
- Online Application
- Digital Signature
- No Obligation
Fund
- Rapid Funding
- Direct Bank Deposit
- Spend How You Want
Why Choose Business Equipment Financing?
Full Ownership
Once the loan has been repaid, you have full ownership. This is useful for machinery and equipment with a long shelf life.
Tax Breaks
One huge benefit of equipment financing is the tax deduction you can take if the equipment is 100% for use of your business.
Increase Cash Flow
With business equipment financing, you’ll spread the cost out over time, which will free up your cash for other things.
No Collateral
Unlike other loans, the actual equipment serves as collateral in the event you default. So there is no other upfront collateral.
Frequently Asked Questions
What is Business Equipment Financing?
Business Equipment Financing is the specific use of a loan to purchase assets and equipment for your business.
Is there a fee to apply?
No. There is no fee or obligation associated when applying for Business Equipment Financing through TUPS Capital.
How does equipment financing work?
The equipment itself will act as a form of collateral for the loan, so the business owner won’t need to put any collateral on the table up front. If the loan defaults, the equipment will be used to pay the outstanding balance – so as long as you pay the loan back on time, you’ll have continued use of the equipment until you outright own it (finish paying back the loan).
Do you financing all types of equipment?
Yes, TUPS Capital will finance almost any type of equipment from machinery to office furniture to electronic equipment .