Business Loan to Buy Equipment — Fund the Purchase Fast

Buying a machine, vehicle, kitchen line, or POS — not repairing one? Get $10K–$5M approved on your bank deposits, not a perfect credit score. FICO 500+ works. Soft pull to check.

You found the equipment. The financing is the holdup.

The seller wants a deposit this week. The used pallet jack, the CNC machine, the second delivery van, the espresso setup for the new location — it's sitting there, priced right, and someone else is going to grab it while a traditional equipment lender asks you for two years of tax returns, an appraisal, and three weeks to "review the asset."

That's the trap with classic equipment financing: they underwrite the machine. They want invoices, model numbers, vendor verification, and a clean personal credit file before they'll release a dollar. If your FICO is 540, or the equipment is used, or you're buying from a private party, the deal stalls — and the opportunity walks.

You don't need equipment financing tied to that one machine. You need working capital in your account fast, so you're the buyer with cash in hand.

How it works — 3 steps

• 1. Apply online (soft pull). Takes a few minutes. Checking your options is a soft credit pull — it does not ding your score. FICO 500+ is fine; we approve on your bank deposits, not your credit report.
• 2. Send 3 months of business bank statements. That's the real underwriting. Steady deposits matter far more than your score or what you're buying.
• 3. Sign and get funded — buy the equipment as cash. Money hits your account, and you pay the seller directly. No vendor verification, no appraisal, no restriction on new vs. used or private-party purchases.

The honest speed rule

Same-day funding is real, but it depends on timing. If your signed agreement and bank statements are in before early afternoon ET on a weekday, same-day funding is on the table. Send everything Friday afternoon and you're looking at Monday. We'd rather tell you that up front than promise "instant" and leave you hanging when the seller's waiting.

Who qualifies

• In business roughly 3+ months with a business bank account
• Around $8,000+ in monthly deposits
• FICO 500 or higher (soft pull to check — no score damage)
• Any industry — construction, trucking, restaurants, salons, retail, medical, auto, e-commerce

Straight answers

Is this actual equipment financing?

No — and that's why it's faster. This is working capital you use to buy equipment. There's no appraisal, no vendor verification, and no lien on the machine. You get cash, you buy what you want, it's yours outright.

My credit is bad. Can I still get money to buy equipment?

Likely yes. FICO 500+ is workable because approval is based on your bank deposits, not your credit score. Bad credit sinks most traditional equipment loans; here it's just one small factor.

Can I buy used equipment or from a private seller?

Yes. Because you're funded as cash, there's no dealer or invoice requirement. New, used, auction, private party — all fine.

Will checking hurt my credit?

No. Checking your options is a soft pull. It has zero effect on your score. A hard pull only happens later if you accept an offer.

How much can I get?

$10K to $5M, sized to your deposits. Most equipment purchases land in the $10K–$150K range and fund quickly.

How fast, really?

Statements and signed docs in before early afternoon ET on a weekday can fund the same day. Later in the day or Friday afternoon typically means the next business day.

Grab the equipment before someone else does

The seller isn't going to wait three weeks for a bank. Apply online, send three months of statements, and get cash in your account fast enough to close the deal. Soft pull to check — it costs you nothing to see your number.