Equipment loan
You own it
- The equipment is yours from the start, with the lender holding a lien until it is paid off
- Payments are often fixed for the term
- A common fit for equipment you plan to run for many years
Equipment Financing and Leasing Made Simple.
New or used, from a dealer, an auction or a private seller. Get a quick quote and a real person follows up with your options.
- Equipment loans and leases
- New and used equipment
- Dealer, auction and private-party purchases
Get a Quick Quote
Tell us about the equipment. A real person follows up with options.
How equipment financing works
Equipment financing lets your business put a truck or machine to work now and pay for it over time, instead of tying up cash in one large purchase. The equipment itself usually serves as the collateral, which is why lenders focus closely on the unit, its age and condition, and who is selling it.
Ironmark helps you get started. You send a short Quick Quote, we follow up personally, and when it makes sense we connect you with a financing specialist. Financing is provided by third-party lenders, subject to their review and approval. Terms vary by lender and deal.
See every stepLoans and leases
The two most common ways to finance equipment. Which one fits depends on how long you plan to keep the unit and how you want to handle the end of the term.
Equipment lease
You use it
- The lender owns the equipment during the term and you make payments to use it
- End-of-term options vary: buy it, return it or upgrade, depending on the lease
- A common fit when you want flexibility at the end of the term
What you need for a Quick Quote
Three things, and it takes about a minute. Nothing to upload.
- YouName, email and phone number.
- Your businessYour business name.
- The equipmentWhat you are buying and its approximate cost.
What a lender may ask for later
If you move forward with a financing specialist, the lender explains exactly what it needs. It commonly includes:
- A quote, invoice or listing for the exact unit
- Business bank statements or financial statements
- Details on the seller, the unit and what the price includes
- Identification for the business owners
What happens after you send it
- 1
Send a Quick Quote
Tell us about your business and the equipment. It takes about a minute.
- 2
We call or email you
A real person follows up to understand the purchase and your situation.
- 3
Meet your specialist
If financing makes sense, we introduce a specialist by name, with your OK.
- 4
Review your offer
The lender reviews, decides and puts any offer in writing. You choose.
Learn more before you buy
All articles- Financing BasicsEquipment Leasing vs Financing: Should You Lease or Buy?
- Financing BasicsEquipment Financing Requirements: What Lenders Look At
- Buying TipsUsed Equipment Financing: Should You Buy New or Used?
- Buying TipsPrivate Party Equipment Financing and Auction Purchases
- ConstructionHeavy Equipment Financing for Construction Contractors
- ManufacturingCNC Machine Financing and Manufacturing Equipment Loans
- Buying GuidesEquipment buying guides and inspection checklists
- How It WorksFrom a Quick Quote to a financing conversation
Equipment financing FAQs
Should I get an equipment loan or a lease?
With a loan, you own the equipment from the start and pay it off over time. With a lease, you make payments to use it and choose what happens at the end of the term. A loan usually suits equipment you plan to run for years. Compare leasing and financing.
Can I finance used equipment or a private sale?
Yes. Used equipment is financed every day, whether it comes from a dealer, an auction or a private seller. Lenders look closely at the age, hours or miles and condition, and a private sale usually needs a few extra steps, such as confirming the title is clear. How private-party financing works.
Can a new business get equipment financing?
Often, yes. Lenders look at more than time in business: your experience in the trade, your credit, the equipment and the work lined up for it all matter. Newer businesses may be asked for more documentation or money down.
Can I get equipment financing if my credit is not perfect?
It depends on the lender and the rest of the picture. Credit is weighed alongside time in business, cash flow and the equipment itself, so a credit issue does not always end the conversation, though it can mean more questions or fewer options. Nobody can promise approval.
What rates and terms can I expect?
Rates and terms depend on your business, the equipment and the lender, so there is no single answer before a review. Your specialist explains the options, and any offer comes to you in writing before you decide.
What happens after I send a Quick Quote?
We review the equipment and your business details, then reach out by phone or email to talk through the purchase and your options.
If financing makes sense, we introduce a financing specialist by name, with your OK, and they walk you through the application.
Ready to finance your next piece of equipment?
Send a Quick Quote with the equipment and approximate cost. A real person follows up with your options.