Equipment Financing
Finance major equipment purchases with SBA-backed long-term loans — preserve cash while upgrading your capabilities.
Overview
Major equipment purchases are essential for many businesses but can drain cash reserves. SBA equipment financing provides long-term loans (10–25 years depending on the program and equipment life) at competitive rates. SBA 7(a) handles most equipment financing, while SBA 504 is available for equipment purchases of $100K+ as part of larger projects.
Who Is This For?
- Manufacturing companies purchasing production equipment
- Construction firms acquiring heavy equipment
- Medical practices buying diagnostic equipment
- Any business making a major equipment investment
Recommended Programs
Loan programs that fit this buying scenario.
The Buying Process
What to expect from pre-approval to closing.
Identify Equipment
Specify the equipment, vendor, cost, and purpose.
Program Match
7(a), 504, or Express — based on amount and timeline.
Finance & Acquire
Close the loan and purchase your equipment.
Frequently Asked Questions
SBA equipment loans are typically limited to the useful life of the equipment, up to 10 years for most equipment or 25 years through SBA 504 for major assets.