Equipment Financing

Equipment financing works the same way no matter what you are buying: the machine itself is the collateral, your credit sets the tier, and the rate follows the risk. What changes from asset to asset is everything else. How fast the equipment depreciates, how deep the resale market runs, how hard the lender has to work to inspect it, and whether the revenue behind it is steady or seasonal.

The calculator on this site prices every deal off the same 2026 rate matrix. Tier 1 credit (740 and up) starts at 8.9% APR on equipment up to three years old, while Tier 4 credit (below 620) runs 22% to 28% depending on age, and term length adds or subtracts from there. But two buyers with identical credit can get very different offers on different equipment, because a trailer with a 35% expected residual is a safer bet for a lender than construction equipment at 20%.

That is why each asset class gets its own page below. The rates, down payments, and structures that fit a semi truck do not fit a reefer trailer or a high-hour excavator. Pick your equipment, learn what lenders actually check on it, then run your payment in the calculator before you apply.