Equipment Financing for Startups

LOANS FOR NEW BUSINESSES & FIRST-TIME OWNERS

Limited time in business does not have to stop you. New or used equipment, one machine or a full fleet, with terms that fit your cash flow.

STARTUP EQUIPMENT FINANCING & NEW BUSINESS LOANS

Start With the Right Equipment

Starting out means your equipment has to start earning right away. Whether you are opening a new business, adding a new line of work, or buying your first machine, Commercial Equipment Financing (CEF) makes equipment financing fast and simple. We work with new owners that traditional banks won’t touch, and we move fast so you don’t lose the equipment or the deal.

WE LOOK AT MORE THAN A CREDIT SCORE

If you are opening a new business or adding a new line of work, we look at your experience, down payment, and the equipment itself, not just a credit score. That gives new owners a real chance to get approved.

FIRST-TIME TRUCK & TRAILER BUYERS

Just got your CDL or leaving a company job to run your own truck? We finance new and used trucks and trailers for first-time owners. See our semi truck, box truck, and trailer financing pages. Vehicles over 6,000 lbs GVWR may qualify for a Section 179 deduction. See our Section 179 vehicle guide.

CONTRACTOR & CONSTRUCTION STARTUPS

Starting a landscaping, excavation, or construction business? We finance excavators, skid steers, loaders, and dump trucks for new contractors. See heavy and construction equipment financing.

BEGINNING FARMERS, SHOPS & SMALL BUSINESSES

New farm operations and small shops can finance tractors, implements, forklifts, generators, and machinery. See farm equipment financing and equipment financing.

DOWN PAYMENT & TIME IN BUSINESS

Every deal is different. Tell us how long you have been in business, how much you can put down, and what you want to buy, and we will work on terms for the equipment.

STARTUPS WITH CREDIT CHALLENGES

A past credit problem or a slow season does not close the door. Many lenders will not consider an equipment loan with tough credit. We do, and we work with the equipment and your operation to find workable terms, with a path to refinance as your credit improves.

STARTUP EQUIPMENT FINANCING

Start With the Right Equipment

Request Information

Get the equipment your new business needs, without the wait.

WE LOOK AT MORE THAN A CREDIT SCORE

FIRST-TIME TRUCK & TRAILER BUYERS

CONTRACTOR & CONSTRUCTION STARTUPS

Starting a landscaping, excavation, or construction business? We finance excavators, skid steers, loaders, and dump trucks for new contractors. See heavy and construction equipment financing.

BEGINNING FARMERS, SHOPS & SMALL BUSINESSES

New farm operations and small shops can finance tractors, implements, forklifts, generators, and machinery. See farm equipment financing and equipment financing.

DOWN PAYMENT & TIME IN BUSINESS

Every deal is different. Tell us how long you have been in business, how much you can put down, and what you want to buy, and we will work on terms for the equipment.

STARTUPS WITH CREDIT CHALLENGES

How Startup Equipment Financing Works

Buying equipment for a new business is a big step, and the process should not add to the stress. You find the equipment you want, then apply online or call (469) 531-9460. We review your credit, your experience, and the equipment itself, and we work to get you a fast approval with terms that fit your operation. CEF advertises qualification in two hours or less and same-day approvals, though timing depends on the deal.

What We Look at When You Are New

A short history in business does not end the conversation. Approval looks at the equipment, your down payment, your time in business, and your overall operation, not just a credit score. Experience counts too. If you have spent years running a truck, working a crew, or managing a shop for someone else, tell us. Newer businesses can qualify based on experience, down payment, and the equipment itself.

Down Payment for a New Business

How much you put down depends on your credit, your time in business, and the equipment you are buying. Many buyers with solid credit and experience qualify for low down payment options, while newer businesses or tougher credit may need more. The best way to find out is to call us for a quick, no-obligation answer.

What Equipment Can a New Business Finance?

CEF finances forklifts, generators, machinery, industrial and shop equipment, construction equipment, waste and sanitation equipment, medical equipment, and telecom equipment, new or used. We also finance trucks and trailers, including for first-time owners. If it helps your business earn, ask us. A few places to start:

Semi truck financing for new owner operators, including drivers who are just getting their own authority
Box truck financing and trailer financing for delivery and freight startups
Heavy and construction equipment financing for new contractors
Farm equipment financing for beginning farmers

New or Used Equipment

New equipment is not your only option. We finance new and used equipment, including older units and private party purchases, when the numbers make sense. For older trucks and high-mileage units, we offer flexible terms up to 60 months. Used equipment can be a practical way to get your business moving.

How to Get Ready Before You Apply

You do not need everything figured out before you call. A few answers help us give you a useful response:

What you plan to buy, and whether it is new or used
Whether you are buying from a dealer or a private seller
How much you can put down
How long you have been in business and what experience you bring

Questions to Ask Any Lender

Whoever you choose, ask about the rate, the down payment, the length of the term, and whether you can refinance later as your business grows. At CEF, we will always tell you the truth, even when it is not what you want to hear.

New Business and Tough Credit

Limited time in business and tough credit at the same time? Many lenders will not consider that. A past credit problem or a slow season does not close the door with us. Read about bad credit equipment financing for more.

A Lender Built Around Service

CEF has a team of over 15 finance professionals who work with business owners across the country. Our aim is the speed of a digital lender with the guidance and service of a trusted partner. Apply online or call (469) 531-9460.