Equipment Loans for Businesses
Own your equipment outright with a business equipment loan. Fixed rates, predictable payments, and full ownership from day one.
What Is an Equipment Loan?
An equipment loan is a type of business financing where you borrow money specifically to purchase equipment for your business. Unlike equipment leasing, an equipment loan means you own the equipment outright once you’ve paid off the loan.
The equipment itself typically serves as collateral for the loan, which often means lower interest rates compared to unsecured business loans. This makes equipment loans one of the most cost-effective ways to acquire the machinery, vehicles, or technology your business needs.
At Trident Leasing Corp, we offer equipment loans starting at $10,000 for businesses that have been operating for 2 or more years. We work with a wide network of lenders to secure the most competitive rates for your situation.
Equipment Loan Overview
- Minimum Amount: $10,000
- Maximum Amount: No set limit
- Loan Terms: 12 – 84 months
- Business Age: 2+ years required
- Approval Time: 24 – 48 hours
- Equipment: New or used
- Collateral: The equipment itself
Benefits of Equipment Loans
🏆 Full Ownership
You own the equipment from day one. Build equity, depreciate the asset, and sell or trade it when you’re ready to upgrade.
📊 Tax Advantages
Equipment loan interest is typically tax-deductible. Section 179 deductions may allow you to deduct the full purchase price in the year of purchase.
💵 Fixed Payments
Know exactly what you owe each month. Fixed monthly payments make cash flow planning simple and predictable for your business budget.
🔒 Preserve Working Capital
Instead of depleting your cash reserves with a large purchase, spread payments over time and keep your capital available for daily operations.
⚡ Fast Approval Process
Our streamlined application process means you can get approved and funded quickly — often in as little as 24-48 hours for qualified applicants.
🛠️ New or Used Equipment
Finance brand-new equipment or quality used machinery. We work with dealers, auctions, and private sellers to get you the equipment you need.
Equipment Loan Qualification Requirements
To qualify for an equipment loan through Trident Leasing Corp, your business must meet the following basic requirements:
2+
Years in Business
Your business must have been operating for at least 2 years to demonstrate stability and track record.
$10K
Minimum Loan Amount
Equipment loans start at $10,000. There is no maximum — we regularly fund projects of $500,000 or more.
US
US-Based Business
We work with businesses based in the United States across all 50 states and most industries.
Ready to Apply for an Equipment Loan?
Get a free, no-obligation quote from our equipment loan specialists. Takes less than 5 minutes.