Equipment Loan Broker
Own the equipment, with the right lender the first time
Want to own your equipment from day one? Liberty Capital brokers equipment loans and equipment finance agreements (EFAs) across many lenders, so your deal goes to the one that fits your credit, industry and equipment age, not just the first bank you walk into.
Types of business equipment loans
Equipment loan or lease?
| Equipment loan / EFA | $1 buyout lease | FMV lease | |
|---|---|---|---|
| Ownership | Day one | At the end, for $1 | Optional at the end |
| Payment | Moderate | Moderate | Lowest |
| Section 179 | Yes | Often yes | Usually no |
| Best for | Building equity | Keeping cash, owning later | Upgrading often |
*Application-only limits vary by credit, time in business, equipment type and industry. **72-month terms only on newer heavy equipment (bulldozers, dump trucks, excavators) for well-qualified buyers; used equipment caps at 60 months.
Why finance instead of paying cash
Financing is an inflation buster: today’s price paid with tomorrow’s dollars on a fixed payment. It is cash flow management, a low capital outlay compared with paying cash, with low, manageable payments over up to 5 years. Leases usually end with a $1 buyout, and equipment may qualify for Section 179, a potential 100% deduction (ask your CPA). You conserve cash for payroll and growth.
Credit guidelines
- $3K–$49,999: 600+ credit, application only
- $50K–$150K: 650+ credit, application only
- $150K and up: 650+ credit, 2–3+ years in business and financials
- $0 down is reserved for 5+ years in business, established PayNet and D&B business credit and 700+ personal credit
Three steps
- Online application; soft inquiry to start
- Equipment invoice or quote
- 3–4 months of business bank statements
Equipment loan broker questions
What does an equipment loan broker do?
We compare equipment lenders, package your file and place it with the lender most likely to approve it at the best terms.
Is an equipment loan the same as an EFA?
They are close: with an EFA you own the equipment from day one and the lender holds a lien, with fixed payments over the term.
Can I finance used equipment from a private seller?
Yes. The seller proves ownership and delivers clear title; the lender pays the seller directly.
Will applying hurt my credit?
We start with a soft inquiry. A hard inquiry happens only when you move forward.
Ready to own your next machine?
Apply once or call (888) 511-6223.
Rates and terms disclosure: any rates, payments or terms shown are examples only. Sample rates apply to established businesses with 3 to 5+ years in business and strong credit (680+ FICO), subject to credit approval. Startup rates vary and are subject to final approval. Application-only limits vary by credit, time in business, equipment type and industry; amounts shown are guidance, not a promise. $0 down is reserved for businesses with 5+ years in business, established PayNet and D&B business credit and 700+ personal credit. This is not an offer or commitment to lend. Not tax advice; ask your CPA about Section 179.