Equipment leasing for small and mid-size businesses
Lease new or used equipment with little or nothing down and one fixed monthly payment. We compare lenders for you, explain the buyout options in plain English and get most deals approved in 24 to 48 hours. Trucks, construction, medical, restaurant, manufacturing and more, from $10,000 to $5 million.
Everything you need to know before you lease
Start with the guide that matches your question. Each one explains the pros, the cons and the fine print.
Which lease structure fits your business?
| Payment | End of term | Best for | |
|---|---|---|---|
| $1 buyout lease | Higher | You own it for $1 | Equipment you will keep; Section 179 |
| 10% purchase option | Middle | Buy for 10% of cost | Keep it, lower payment |
| Fair market value (FMV) | Lowest | Buy at market value, return or upgrade | Tech and equipment that ages fast |
| TRAC lease | Low | Settle vs. agreed residual | Trucks and trailers |
| Equipment finance agreement | Similar to $1 buyout | You already own it | Owning from day one |
Payments are illustrations only. Your rate depends on credit, time in business, the equipment and the term.
Watch: how equipment leasing works
Funding your equipment.
Turned down by your bank? Watch this.
Why lease through Liberty Capital Group
What lenders usually look at
- Time in business (2+ years opens the most options; startups considered)
- Owner’s personal credit
- Recent business bank statements
- Equipment quote or invoice
- Financials or tax returns for larger requests
See where you stand with the approval indicator.
$99 a month to start
For well-qualified businesses (strong credit, 3+ years in business and quality equipment) some programs start at $99 a month for the first 3 or 6 months. Ask us if you qualify.
Lease equipment in four steps
- Apply in 3 minutesA short online application, no fee.
- Compare offersWe show you real terms side by side.
- E-signSign the lease or EFA online.
- We pay the vendorYour equipment is delivered and goes to work.
Equipment leasing: common questions
What can I lease?
Almost any business equipment with a useful life: trucks and trailers, construction and landscaping machines, medical and dental equipment, restaurant and kitchen equipment, manufacturing machines, technology and more, new or used.
How much can I lease?
Deals typically range from about $10,000 to $5 million. Smaller deals often need only an application; larger ones need financial statements.
Do I need a down payment?
Often not. Many leases require only the first payment, or the first and last, at signing. Startups and challenged credit may need more down.
Can I cancel a lease early?
Usually not. Equipment leases are non-cancellable, so you are responsible for the full term. Some lenders offer an early payoff discount; ask before you sign.
Which lease is best for taxes?
A $1 buyout lease or EFA generally lets you use Section 179 and depreciation, while FMV lease payments are usually deducted as an expense. Confirm with your CPA.
How fast is approval?
Most applications are decided in 24 to 48 hours, and funding follows once documents are signed and the vendor is verified.
Ready to lease your next piece of equipment?
Apply in 3 minutes or get a free quote. No fee, no obligation.
All financing subject to credit approval; terms vary by credit, time in business, financials and equipment. Liberty Capital Group, Inc. is not a tax advisor. NMLS #2009539 · CA DFPI #60-DBO49692.
Our small business financing experts are available to guide you through the funding Process.
Despite technological advancements underwriting, however, equipment leasing, predominantly have remained the same process. It still involve personal interaction with an underwriter to ensure as fraud prevention. Automation may not suffice, particularly when dealing with a third party like the vendor and the complexities of equipment purchase. In such scenarios, business owners are often better served by collaborating with a Business Loans Broker like Liberty Capital Group, Inc., who can steer them in the right direction.
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Apply Online
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Review Your Options
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Get Funds
Money will be deposited in your account in as little as 24 hours.