Advertiser Disclosure

🏦 Get funded today with one of our top lenders for 2021

Equipment Loans: What They Are, How They Work, & 5 Ways To Get One For Your Small Business

    Chris Motola
  • 2 comments
  • Updated on:
Advertiser Disclosure: Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity.
Chris Motola

Chris Motola

Expert Analyst & Reviewer at Merchant Maverick
An expert in personal and business loans and financial health, Chris Motola has been writing about small business finance and payments for over 5 years. He has been cited in various industry publications, including Forbes Advisor, GoBankingRates, and Medium. Chris is a graduate of the University of Central Florida.
Chris Motola
View Chris Motola's professional experience on LinkedIn.
Leave a comment

2 Comments

Responses are not provided or commissioned by the vendor or bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the vendor or bank advertiser. It is not the vendor or bank advertiser's responsibility to ensure all posts and/or questions are answered.

    Sam Li

    I think that contacting a loan service is the best option when it comes to financing equipment. I like your advice about seeing if a manufacturer offers financing options. If I were to need large equipment, I would make sure to find a reliable loan service to work with.

      This comment refers to an earlier version of this post and may be outdated.

      Malia Davis

      It’s great to know that leases are much more versatile now and that buyout leases is a popular way to finance equipment. I hadn’t considered those because I didn’t know about them in the past, but I’ll definitely check them out now. We need to get a lot of new industrial equipment for our property, and we’ll need some sort of loan to help us out!

        This comment refers to an earlier version of this post and may be outdated.

      Leave a Reply

      Your email address will not be published. Required fields are marked *

      Your Review

      Comment moderation is enabled. Your comment may take some time to appear.
      Please read the "User Review and Comment Policy" before posting.

      Share

      We Recommend OnDeck for Loans 🏆

      Fast turnaround: as little as 1 - 2 days.
      Low requirements: 600+ credit score, 12+ months in business and $100,000+ revenue.

      Get Started

      No hard credit pulls

      Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity. The editorial content on this page is not provided by any of the companies mentioned and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are author’s alone.

      Sign up for the Maverick Newsletter

      • Please select topics of interest

      • We occasionally send out emails with special offers.
      • This field is for validation purposes and should be left unchanged.