Ready to get a free, equipment quote? Start now

Office Hours: M-F, 7:00 AM-4:00 PM PST

FAQs

Get answers to frequently asked questions about US Equipment Funds.

US Equipment Funds is an independent financing resource specializing in equipment funding solutions for new and used equipment, machinery, vehicles, technology, and other assets.

US Equipment Funds offers equipment lines of credit, equipment financing, and equipment leasing to eligible businesses across the United States.

An equipment line of credit from US Equipment Funds gives you a set amount of funds to purchase various types of equipment, or to cover the costs of equipment repairs, parts, and maintenance. A credit line lets you access funds when needed without having to apply for funding for each purchase. 

Equipment financing, also referred to as an equipment loan, works by providing a lump sum of funding to purchase equipment. You repay the borrowed amount, along with interest, through fixed payments over a specific time. Once you complete all your payment obligations with US Equipment Funds, you will own the equipment outright.

Equipment leasing with US Equipment Funds is essentially a rental contract where you pay a monthly fee, plus interest, to use equipment. Once your lease term expires, you don’t own the equipment like you would with equipment financing. However, you might have options at the end of your lease term, such as purchasing the equipment, returning it, or renewing the lease.

Absolutely. US Equipment Funds has qualification criteria that are more accessible than the often demanding requirements set by traditional banks or lenders. If you’ve received a “no” from a conventional bank or lender, you might receive a “yes” from us.

US Equipment Funds is known for fast turnaround times. For starters, we provide credit decisions in one hour or less during our regular office hours. If your application is approved, you can quickly access funding. Same-day funding is available during business hours for specific transaction amounts.

Yes. You may finance the soft costs associated with leasing or financing equipment for your business. Soft costs may encompass expenses such as shipping and freight charges, installation, training, and warranties. Please discuss this with your US Equipment Funds account manager for more details.

You can reach us Monday to Friday, from 7:00 AM to 4:00 PM, by either sending a message through our “Contact” page or by calling (000) 000-0000. If you send a message or leave a voice message after hours, we will get back to you on the next business day.