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CAN Capital Equipment Financing

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Flexible equipment financing solutions

Get fast funding to meet your company’s equipment needs.

Loan Amount

Up to $1,000,000

Minimum Loan Term

24 months

Maximum Loan Term

60 months

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Best for

Business owners seeking a flexible equipment financing solution

Equipment type

New and used

Decision Timeline

As soon as the same business day

Funding Time

As soon as the same business day

Down payment

Generally not required unless required by credit

Minimum Credit Score

600 or higher

Are you in the market for equipment for your business? CAN Capital offers financing for both new and used equipment to meet your unique needs. The application process is straightforward, and you can get approved for up to $1,000,000 as soon as the same business day.

About CAN Capital

CAN Capital offers flexible equipment financing and working capital solutions. It’s helped over 81,000 small businesses have secured over $8 billion in funding. The platform is also accredited by the Better Business Bureau and holds an A+ rating.

What is CAN Capital Equipment Financing?

CAN Capital Equipment financing is a funding solution for small business owners. You can use it to upgrade your existing equipment and give yourself a competitive advantage in your business.

How Does Equipment Financing Work?

Equipment financing can be used to purchase new and used equipment in your business. CAN Capital also extends 100 percent financing, which means you can roll the added costs into the loan amount and get one low affordable monthly payment.

CAN Capital Equipment Financing Terms and Details

Funding Amount

Equipment loans of up to $1,000,000 are accessible through CAN Capital.


You could get approved for a loan term between 24 and 60 months

Approval Time

The average applicant receives a lending decision as soon as the same business day.

What Can You Fund with Equipment Financing?

Equipment financing can be used to purchase both new and used equipment. Since CAN Capital extends 100 percent financing to qualified applicants, you can also roll the taxes, delivery charges, installation fees and training costs into the loan. That way, you can keep more of your company’s hard-earned profits in the business and avoid having to come up with a hefty down payment.

How to Evaluate Equipment Financing Loans

When exploring equipment financing loans to determine which is best for your business, keep your company’s funding needs in mind. It’s equally important to consider the lender’s requirements, borrowing costs, fees and collateral requirements.

Your Business Needs

When evaluating equipment financing loans, it’s essential to consider the specific needs of your business. Here are some factors to keep in mind:

  • Equipment type: Consider the type of equipment you need to finance. Is it specialized or general? Will it be used for a long time, or do you need to upgrade frequently? Knowing the answers to these questions will help you determine the best financing option for your business.
  • Equipment cost: The cost of the equipment is another important factor to consider. Some lenders may have minimum or maximum loan amounts, so make sure the loan amount you need aligns with the lender’s requirements. Also, consider the total cost of the equipment, including taxes, delivery fees, and installation costs.
  • Repayment terms: How long is the loan term? What is the interest rate? Ironing these details will help you determine if the loan is affordable and feasible for your business.
  • Cash flow: Consider your business’s cash flow when evaluating equipment financing loans. Will the equipment loan payments fit into your current budget? Will the Equipment improve your sales revenue or cost? Make sure the loan payments won’t put a strain on your company’s finances.

Lender Requirements

Also, be mindful of the lender’s eligibility guidelines. Here’s a general idea of what to expect:

  • Credit score: Most lenders will assess your credit score to determine your creditworthiness. A higher credit score could increase your approval odds and put you in a position to get better interest rates. A credit score of at least 600 is generally sufficient, but some lenders may require a higher score.
  • Down payment: Generally, most lenders will extend loans with no deposit. However, some lenders require a downpayment to secure equipment financing.
  • Financial statements: Lenders will also want to review your financial statements, such as your income statement and balance sheet. These statements give lenders an idea of your business’s financial health and ability to repay the loan. Make sure your financial statements are up-to-date and accurate before submitting them to a lender. Financial statements are generally needed for transactions over 250K.

Costs and Fees

You also want to consider borrowing costs associated with equipment financing, including:

  • Interest rates: One of the primary costs of equipment is the interest rate. This is the percentage of the loan amount that you’ll pay in interest over the life of the loan. Interest rates can vary widely depending on the lender, your credit rating and the equipment type.
  • Fees: Beyond interest rates, lenders may charge various fees for processing your loan. These can include application fees, origination fees and prepayment penalties. Be sure to read the fine print and familiarize yourself with all the loan fees before signing on the dotted line.


Collateral is an important aspect of equipment financing loans. It refers to assets pledged by the borrower as security for the loan. The lender can seize the collateral if the borrower fails to repay the loan. Collateral can be in the form of equipment, real estate, accounts receivable or other assets.

When evaluating collateral, lenders consider various factors, such as the type and value of the asset, the condition of the asset and the market demand for the asset. The lender will typically conduct an appraisal of the asset to determine its value and condition.

It is important to note that the value of the collateral may not always match the loan amount.

Some lenders may require a personal guarantee to secure the loan. A personal guarantee is a promise by the borrower to repay the loan if the business is unable to do so. This provides an additional layer of security for the lender.

The Advantages of CAN Capital Equipment Financing

Below are a few key advantages of equipment financing through CAN Capital:

  • 100 percent financing available
  • Soft credit pulls
  • Fast and simple application process
  • Same-day approvals and funding
  • Affordable monthly payments

Is CAN Capital Equipment Financing Worth It for Your Business?

If you’re looking to replace dated or obsolete equipment, CAN Capital is worth considering. You won’t have to wait several weeks or months to receive a lending decision. Plus, most loans are funded as soon as the same business day, so you can keep your operations moving smoothly. And you roll the added financing costs into your loan – no down payment required.

How to Get Equipment Financing from CAN Capital

To apply for funding, start by completing the online questionnaire. It’s fast, simple and won’t impact your credit score.

This Company Also Offers

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CAN Capital Working Capital Loans

Considering a working capital loan from CAN Capital? Discover the benefits of this type of financing and how it can help your business.

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