What Is Equipment Financing?
Equipment financing is a type of business loan that allows you to purchase or lease the equipment your company needs to operate and grow. Unlike traditional loans that require substantial collateral, equipment financing uses the equipment itself as security, making approval easier for many businesses.
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At Equipment Financing Dallas Pros, we connect Dallas businesses with competitive equipment financing solutions tailored to their specific needs. Whether you need construction equipment, restaurant machinery, medical devices, or office technology, we have the financing options to help you acquire the assets you need without depleting your working capital.
How Equipment Financing Works
Equipment financing is straightforward. Here’s the process:
- Apply Online: Complete our simple pre-qualification form in minutes
- Get Approved: Our team reviews your application and matches you with lenders
- Choose Your Terms: Select from lease or loan options that fit your budget
- Receive Equipment: Use your financing to purchase the equipment you need
- Make Payments: Repay over time while putting your equipment to work
The equipment you finance serves as collateral for the loan, which means lenders take on less risk. This often translates to higher approval rates and more competitive terms compared to unsecured loans.
Benefits of Equipment Financing
Preserve Your Cash Flow
Rather than making a large upfront purchase, equipment financing allows you to spread the cost over time. This preserves your working capital for other business needs like payroll, inventory, and marketing.
Section 179 Tax Advantages
The IRS Section 179 deduction allows businesses to deduct the full purchase price of qualifying equipment in the year it’s purchased. For 2026, you may be able to deduct up to $1.16 million on equipment purchases. This can significantly reduce your tax liability and improve your return on investment. Learn more in our Section 179 tax deduction guide.
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Flexible Terms
We offer equipment financing with terms ranging from 1 to 10 years, depending on the equipment type and your business needs. Longer terms mean lower monthly payments, while shorter terms reduce total interest paid.
New and Used Equipment
Whether you’re purchasing brand-new machinery or quality used equipment, our financing options cover both. This gives you flexibility to find the best value for your business.
Types of Equipment We Finance
Our equipment financing solutions cover virtually any business asset:
- Construction Equipment: Excavators, bulldozers, loaders, cranes
- Restaurant Equipment: Commercial ovens, refrigeration, point-of-sale systems
- Medical Equipment: Diagnostic machines, dental chairs, imaging equipment
- Manufacturing Equipment: CNC machines, production lines, assembly equipment
- Office Technology: Computers, servers, telecommunications systems
- Transportation: Commercial vehicles, trucks, trailers
- Agricultural Equipment: Tractors, harvesters, irrigation systems
Equipment Lease vs. Loan: Which Is Right for You?
Equipment Loans
With an equipment loan, you own the equipment once the loan is paid off. This is ideal when:
- You plan to use the equipment for many years
- The equipment has a long useful life
- You want to build equity in business assets
- You want to take advantage of Section 179 deductions
Equipment Leases
With an equipment lease, you use the equipment but may not own it at the end of the term. This works well when:
- You need to upgrade equipment frequently
- Technology changes rapidly in your industry
- You want lower monthly payments
- You prefer to keep equipment off your balance sheet
Qualification Requirements
Equipment financing is often easier to qualify for than unsecured business loans because the equipment serves as collateral. General requirements include:
| Requirement | Typical Minimum |
|---|---|
| Time in Business | 6+ months |
| Annual Revenue | $100,000+ |
| Credit Score | 550+ (varies by lender) |
| Down Payment | 0-20% depending on credit |
Even if you’ve been turned down by banks, you may still qualify for equipment financing through our network of lenders who use flexible underwriting criteria.
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Why Choose Equipment Financing Dallas Pros?
Fast Approval Process
Pre-qualify in minutes online. Get approval decisions in as fast as 2-4 hours for qualified applicants.
Competitive Rates
Our network of lenders compete for your business, which means you get access to competitive rates and terms.
Expert Guidance
Our Dallas-based team understands local businesses. We guide you through the process and help you find the best financing option for your specific situation.
$10 Million Financing Available
From small equipment purchases to major capital expenditures, we can finance equipment up to $10 million.
Get Started Today
Ready to finance the equipment your Dallas business needs? Pre-qualify online in minutes with no impact to your credit score. Our team will match you with financing options tailored to your business needs and budget.
Don’t let equipment costs hold your business back. Contact Equipment Financing Dallas Pros today and get the equipment you need to grow.