Long-Term Loans
Larger amounts over two to five years with comfortable monthly payments.
Explore Long-Term LoansFunding product
Equipment Financing
Finance up to 100% of new or used equipment, using the asset itself as collateral — preserve your cash while the equipment starts earning.
Amounts $10K - $1M
Term 1 - 6 years
Funding 1 - 3 business days
What it is
Equipment financing lets you acquire the machinery, vehicles, or technology your business needs without draining your cash reserves. Because the equipment itself serves as collateral, you can often finance up to 100% of the cost — and put the asset straight to work generating revenue while you pay for it over time.
From a single delivery van to a full production line, structuring the purchase as financing preserves your working capital for payroll, inventory, and the day-to-day needs that keep the business running.
Best for
A equipment financing tends to be the right fit when:
- Buying production machinery, lifts, or heavy equipment
- Adding vehicles or expanding a delivery fleet
- Upgrading computers, software, or specialized technology
- Replacing aging equipment before it fails
- Owners who want to preserve cash by spreading the cost
How it works
Pick your equipment
Choose new or used equipment from any vendor and get a quote or invoice.
Apply with the quote
Submit your application and the equipment details; the asset itself anchors the approval.
Get approved fast
Most equipment financing decisions come back within 1-3 business days.
Fund the purchase
We pay the vendor (or reimburse you), and you repay in fixed installments over 1-6 years.
Rates & terms
Pricing & structure
- Amount$10,000 - $1,000,000
- Term length1 - 6 years
- Rates from7.99% APR
- FinancingUp to 100% of cost
- CollateralThe equipment itself
- Prepayment penaltyNone
Eligibility & requirements
- Time in business6+ months
- Monthly revenue$15,000+
- Credit score500+
- CollateralFinanced equipment
- EquipmentNew or used
- Decision time1 - 3 business days
Figures are illustrative and do not constitute an offer of credit. Final rates and terms are set by underwriting and vary by qualifications.
Why owners choose it
Up to 100% financing
Cover the full cost so there's little or nothing out of pocket.
Self-securing
The equipment is the collateral — no other assets pledged.
Preserves cash
Keep working capital free for payroll and inventory.
Tax advantages
Equipment purchases may qualify for Section 179 deductions.
Do you qualify?
Northwind's core requirements
Most applicants qualify for a equipment financing if they meet our baseline standards:
- 6+ months in business
- $15,000+ in monthly revenue
- 500+ personal credit score
- A U.S.-based, for-profit business
Because the equipment secures the financing, this product is often easier to qualify for than unsecured options, even with a thinner credit profile.
Frequently asked
Yes. We finance both new and used equipment from dealers, auctions, and private sellers, as long as it has clear resale value.
Often up to 100% of the equipment cost, sometimes including soft costs like delivery and installation.
With a finance agreement you own the equipment outright once it's paid off. Lease structures are also available if you prefer.
Many businesses deduct financed equipment under IRS Section 179. We're not tax advisors, so confirm specifics with your accountant.
Related funding
Not quite the right fit? These products solve similar needs:
Popular with these industries
- Construction — finance machinery and heavy equipment
- Medical & Dental — fund advanced clinical equipment
- Agriculture — acquire seasonal machinery and tools
Steady capital. Solid partners.
Get the equipment working for you
Finance up to 100% of your next purchase and keep your cash where it belongs.