Service Business Financing
Service Business Equipment Financing
Equipment leases, loans and working capital for the companies that keep everything else running — from cleaning and laundry to auto repair, trades, fitness and personal care.
Get a QuoteCall (888) 511-6223New & used equipment • vehicles & fleets • working capital • $10K to $5M • since 2004
Short answer: Service business equipment financing pays for the equipment, vehicles and buildouts a service company runs on, with fixed payments over 12 to 60 months, usually on a $1 buyout lease. Service businesses with steady revenue can also add working capital, invoice factoring or a merchant cash advance for payroll and seasonal gaps.
Leasing works best for service companies that earn money with their equipment every day: floor scrubbers, commercial washers, lifts, service vans, salon stations, treadmills. Financing lets that equipment start earning before it’s paid for, and keeps cash free for payroll, fuel and growth.
Pick your industry below for equipment lists, terms and FAQs specific to your business.
Service Industries We Finance
Facility, cleaning & laundry
Cleaning & janitorial equipment • Commercial laundry & laundromat • Waste, garbage & roll-off trucks • Water purification
Automotive & vehicle services
Auto repair shops • Alignment equipment • Car wash equipment • Gas station & c-store • Tow trucks
Fitness, health & personal care
Fitness equipment • Gym business loans • Beauty salon equipment • Chiropractic equipment • Home healthcare vehicles
Trades & field services
Plumbers • Electricians • HVAC contractors • Roofers • Framers & painters • Scaffolding
Landscape & grounds
Landscaping equipment • Lawn equipment lease to own • Tree service • Landscape trucks
Print, sign & production services
Printing equipment • Sign equipment • 3D printers • Metal printing
Strong Revenue, Light on Equipment? Term Loans & MCA
Equipment leasing is built for service companies that use equipment every day — the industries above. If your business runs mostly on people rather than machines (consulting, staffing, insurance agencies, billing and other professional services) but has strong, steady revenue, a term loan or a merchant cash advance is usually the better fit. Companies waiting 30–60 days on customer payments can also use invoice factoring, a business line of credit or payroll funding. We’ll recommend the lowest-cost option that fits.
Why Service Companies Lease Equipment
Conserve cash
Keep cash and credit lines for payroll, fuel and growth.
Cash flow management
Low capital outlay compared with buying outright.
Low, manageable payments
Terms up to 60 months spread the cost.
Inflation buster
Lock today’s price and a fixed payment.
$1 buyout
Most leases end with ownership for $1.
Section 179
Qualifying equipment may be deductible in year one. Ask your CPA; not tax advice.
How to Qualify
- Application-only approvals are available on many deals; limits depend on credit, time in business, equipment and industry, so treat published amounts (commonly up to $250K) as guidance
- Larger deals use two to three years of tax returns and financials
- $0 down is reserved for established businesses with 5+ years in business, established PayNet and D&B business credit and 700+ personal credit; first and last payments and fees may still apply
- Newer service businesses are reviewed case by case, usually with a down payment
- Specials for well-qualified businesses (OAC): 90-day deferred payments or $99 a month for the first 3 to 6 months
Related Financing
- Equipment leasing
- Lease vs finance
- Equipment financing
- Business vehicle financing
- Contractor funding
- All industries
Service Business Financing FAQ
What is service business equipment financing?
It’s a loan or lease that pays for the equipment, vehicles or buildout a service company uses to earn revenue, repaid in fixed monthly payments over 12 to 60 months.
Can a service business finance used equipment?
Yes. Used equipment from a dealer or another business can be financed, with terms based on age and condition.
Can I finance service vans and trucks along with equipment?
Yes. Vehicles, upfits and equipment can be combined. See business vehicle financing for cars, pickups and vans.
What if my customers pay slowly?
Invoice factoring or a line of credit can cover payroll while you wait on receivables. Equipment financing keeps those funds free for operations.
Do you finance new service businesses?
Yes, case by case, usually with a down payment and the owner’s industry experience; startups (under 2 years) generally need a 650+ credit score.
How fast can I get approved?
Many application-only deals get a decision the next business day; larger deals with financials take a few days.
Ready to Fund Your Service Business?
Liberty Capital Group has helped businesses get funded since 2004 — over $250 million funded.
Get a Quote(888) 511-6223