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Equipment Financing Requirements for U.S. Businesses
Reviewed by Fund That · Commercial financing education · Updated September 29, 2026
Equipment financing can help U.S. businesses acquire productive assets without paying the full purchase price upfront. The financing provider usually evaluates both the business and the equipment being financed.
Business information lenders may review
- Time in business and operating history
- Revenue and recent bank activity
- Credit profile and existing obligations
- Ownership and guarantor information where required
- How the equipment will support business operations
Equipment information that may be required
- Invoice, purchase agreement or quote
- Equipment make, model, year and serial number
- Seller or dealer information
- Condition and age for used equipment
- Purchase price and applicable taxes
Can used equipment be financed?
Used equipment may be considered depending on the asset, age, condition, seller and provider criteria. Some transactions may require additional verification or valuation.
What if the business also needs operating cash?
Equipment financing is designed around the asset purchase. Businesses that also need cash for payroll, inventory or other operating needs can review working capital financing or a broader business loan.