What's the difference between equipment financing and leasing?

Financing is a loan to buy the equipment — you own it at payoff. Leasing is a rental arrangement — you use the equipment and return or buy it at lease end.

Can I finance used equipment?

Yes, many partners finance used equipment, though age and condition affect terms.

Is a down payment required?

Often yes, but the amount varies by partner and equipment. Some offers require little or no money down.

Does the equipment serve as collateral?

Typically yes — the financed equipment secures the loan, which can make approval easier.

What if the equipment breaks down?

You still owe the financing. Maintenance and warranties are separate from the loan; consider them in your budget.

Can I finance software or technology?

Some partners finance software and intangible assets; availability depends on the partner.

Business Funding

Equipment Financing

Funding to purchase equipment, secured by the asset itself.

Equipment financing provides funds to buy business equipment — trucks, machinery, ovens, technology — with the equipment itself typically serving as collateral. Because the loan is secured by the asset, it can be accessible even when other financing isn't, and the asset's useful life often aligns with the repayment term. At the end of the financing agreement you own the equipment outright — this is distinct from equipment leasing, where you use the asset without owning it.

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Minimum Requirements & Program Details

These are starting requirements for selected programs. Availability and final terms depend on the funding partner and underwriting. Other options may be available. Meeting a minimum does not guarantee approval.

ROK Equipment Financing

ROK partner channel

Minimum credit: 580+ FICO (subject to equipment and transaction)
Time in business: No stated minimum on this channel
Monthly sales: No stated minimum on this channel
Financing amount: Businesses under 2 years capped at $50,000 on this channel
Term / structure: Program-specific—request a funding review

Reveal Equipment Purchase Financing

Reveal partner channel

Minimum credit: 620+ FICO; 700+ for startups on this channel
Time in business: Program-specific—request a funding review
Financing amount: $10,000–$1,000,000+
Term / structure: 36–84 months; fixed monthly payments
Ownership: You own the equipment at the end of the agreement

Availability and final terms depend on the funding partner and underwriting. If a requirement is unresolved for your situation, we'll note it as program-specific and confirm it during your review. Other options may be available.

Common uses

Vehicles and trucks
Heavy machinery
Kitchen, restaurant, or manufacturing equipment
Technology and hardware

When it fits

You're buying a specific, identifiable asset
You want the asset to secure the financing
You want repayment aligned to the asset's life

Consider instead

How it generally works

1You identify the equipment and cost.
2Financing is structured around the asset, often with a down payment.
3The equipment typically secures the financing.
4You repay over a term tied to the asset's useful life and own it at payoff.

Factors funding partners may consider

Equipment type, age, and cost
Business revenue and time in business
Credit profile
Whether the equipment is new or used

Documents to prepare

We provide the exact checklist for your program after reviewing your request — you don't need to order an appraisal or gather everything before reaching out. Initial review items help us assess fit; additional underwriting & closing items are requested only once a partner program is confirmed. Sensitive documents are handled through our invitation-only secure process — never on the public intake.

Initial Review

Credit application
Equipment quote or invoice
Bank statements as required by the selected program

Additional Underwriting & Closing

Tax returns (when applicable)
Vehicle specifications (for vehicle financing)
Personal identification

Curious whether this fits your situation?

Request a review — we'll confirm fit and suggest alternatives if another product suits you better.

Find Equipment Financing Options

Illustrative scenario

A landscaping company finances a used truck, with the truck securing the loan and payments aligned to the busy season. Actual terms depend on the partner, equipment, and underwriting.

How it compares to related products

vs. Equipment Leasing

Financing builds ownership (you own it at payoff); leasing lets you use equipment without owning it.

Learn more

vs. Working Capital

Equipment financing is asset-secured and purpose-specific; working capital is flexible cash.