Equipment Financing for Businesses
Finance the equipment your business needs with flexible equipment financing from $5,000 to $10 million. Centra Funding helps businesses purchase new and used equipment with competitive financing options, flexible terms, and personalized support.
Benefits of Equipment Financing
Equipment financing helps businesses purchase the equipment they need without tying up large amounts of cash. From machinery and vehicles to technology and specialized equipment, financing can provide predictable payments while helping preserve working capital for other business needs.
Preserve Cash Flow
Keep capital available for payroll, inventory, and daily operations while still investing in equipment.
Access Equipment Immediately
Get the equipment your business needs now while spreading payments over an agreed financing term.
Flexible Financing Options
Choose financing options based on your equipment purchase, business needs, and cash flow.
Stay Competitive
Invest in updated equipment, machinery, vehicles, or technology without waiting until you can pay the full purchase price.
Potential Tax Advantages
Certain financing structures may provide tax benefits.
Why Businesses Choose Centra for Equipment Financing
Centra Funding provides equipment financing solutions for businesses nationwide. We help companies finance new and used equipment across a wide range of industries, with financing options designed around the equipment being purchased, the business, and the transaction.
Fast Approvals
Our financing team works to provide responsive decisions so businesses can keep equipment purchases moving.
Flexible Deal Structures
Financing solutions can be structured around the equipment, transaction size, and needs of the business.
$5,000–$10 Million
Finance individual equipment purchases or larger equipment projects.
New & Used Equipment
Finance qualifying new or used equipment across a wide variety of industries.
Simple Application Process
A streamlined process with support from an experienced financing team.
Equipment Financing by Industry
Centra finances equipment across a wide range of industries, from construction and manufacturing to restaurants, healthcare and transportation.
Construction Equipment Financing
Heavy machinery and construction equipment to keep projects moving and crews productive.
Restaurant Equipment Financing
Commercial kitchen and restaurant equipment to support daily operations and business growth.
Manufacturing Equipment Financing
Manufacturing machinery and industrial equipment to increase capacity, efficiency and production.
Automotive
Vehicle lifts, diagnostic systems and automotive equipment for repair shops, dealers and service centers.
IT and technology equipment
Technology, hardware and IT equipment to support growing businesses and modern operations.
Franchise Business
Equipment financing for new franchise locations, expansions, upgrades and equipment replacements.
Agricultural Equipment Financing
Tractors, machinery and agricultural equipment to support productive farming and agricultural operations.
Transportation Equipment Financing
Trucks, trailers and commercial equipment to expand fleets and keep businesses moving.
Medical Equipment Financing
Medical, diagnostic and healthcare equipment for practices, clinics and other healthcare facilities.
Fitness Equipment Financing
Fitness and wellness equipment for gyms, studios, training facilities and growing wellness businesses.
Printing Equipment Financing
Printing, finishing and graphics equipment to increase production capacity and expand capabilities.
Startups & New Businesses
Flexible equipment financing options for qualified startups and newer businesses ready to grow.
How Equipment Financing Works
Getting the equipment your business needs should not be complicated. Centra makes the equipment financing process simple, from application through funding.
Apply Online
Tell us about your business and the equipment you need.
Get Approved
Our team reviews your application and financing request.
Select Your Terms
Review available financing options and choose the structure that works for your business.
Get Your Equipment
Once financing is finalized, move forward with your equipment purchase.
Equipment Financing for Small Businesses
Equipment financing can help small businesses purchase or replace essential equipment while preserving cash for payroll, inventory, marketing, and other operating expenses. Whether you need machinery, vehicles, technology, restaurant equipment, or specialized equipment, Centra offers financing options designed to help growing businesses invest in what they need.
- Equipment loans
- Equipment leasing
- Deferred payment programs
- Seasonal payment structures
Equipment Financing FAQs
What is equipment financing?
Equipment financing is a way for businesses to purchase equipment while spreading the cost over time instead of paying the full purchase price upfront.
How does equipment financing work?
A business applies for financing based on the equipment it wants to purchase. If approved, the financing is structured over an agreed term, allowing the business to obtain the equipment while making scheduled payments.
What types of equipment can I finance?
Businesses may finance many types of equipment, including machinery, vehicles, restaurant equipment, medical equipment, technology, manufacturing equipment, agricultural equipment, and other commercial assets.
Can I finance used equipment?
Yes. Centra Funding can finance eligible used equipment as well as new equipment. Used equipment financing can help businesses reduce acquisition costs while preserving cash for other operating expenses. Eligibility depends on factors such as the equipment, its age and condition, the transaction and the applicant’s qualifications.
How much equipment financing can I get?
Centra Funding provides equipment financing from $5,000 to $10 million, subject to credit approval and program requirements. The amount your business may qualify for depends on factors such as your credit profile, time in business, financial strength, equipment and overall transaction.
What credit score is required?
There is no single minimum credit score that determines every equipment financing approval at Centra. Credit history is one factor considered along with time in business, the equipment being financed, transaction size and the overall financial profile of the business. Different financing programs may have different qualification requirements.
How quickly can I get approved for equipment financing?
Centra Funding offers a streamlined application and credit review process, with many credit decisions available within hours. Timing can vary depending on the size and complexity of the transaction and whether additional financial documentation is required.
Does equipment financing require a down payment?
Not always. Down payment requirements depend on the financing program, equipment, transaction and applicant’s credit profile. Qualified borrowers may be eligible for financing options with little or no money down, while other transactions may require an upfront investment.
Can startups and new businesses qualify for equipment financing?
Yes. Qualified startups and newer businesses may be eligible for equipment financing through Centra Funding. Because newer businesses have less operating history, factors such as personal credit, industry experience, equipment type and the overall strength of the transaction may play a larger role in the financing decision.
What is the difference between equipment financing and equipment leasing?
Both equipment financing and equipment leasing allow businesses to acquire equipment without paying the full purchase price upfront. With equipment financing, the structure is generally designed around financing the purchase of the equipment. With a lease, the financing company typically owns the equipment during the lease term, with end-of-term options depending on the agreement. The best option depends on your business, equipment and financial goals.
Get the Equipment You Need, Without the Upfront Cost
Get the equipment your business needs with flexible equipment financing from Centra Funding. Explore financing options designed around your goals, cash flow and equipment purchase.
