Tree of Life FundingTree of Life
Funding
EQUIPMENT FINANCING

Best Equipment Financing

Compare 4+ equipment financing to find the best rates, terms, and service for your business.

4+ Lenders Compared Updated December 2025

Equipment financing helps businesses acquire machinery, vehicles, technology, and other equipment through loans or leases secured by the equipment itself. Because the equipment serves as collateral, these loans often have better rates and easier approval than unsecured financing. This guide compares the top equipment financing companies to help you find the best option for your next equipment purchase.

OUR TOP PICK
#1 RECOMMENDED
T

Tree of Life Funding

4.8
LOAN AMOUNT$5,000 - $5,000,000
APR RANGE7.5% - 45%
FUNDING SPEEDSame day
MIN CREDITAll credit types

Unlike other lenders on this list, Tree of Life Funding is a lending marketplace that connects you with 75+ vetted lenders. This means you can compare multiple offers with one application and no hard credit pull, ensuring you get the best rates and terms for your situation.

Why we like it

  • 75+ lending partners
  • No hard credit pull
  • Same-day funding
  • Dedicated advisor

Keep in mind

  • Not a direct lender
Check Your Rates - No Credit Impact
ALL LENDERS

Complete Comparison

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#2

National Funding

4.0
LOAN AMOUNT$5,000 - $500,000
APR10% - 45%
FUNDING24-48 hours
MIN CREDIT600+
Best for: Businesses needing equipment financing or established working capital loans
#3

Balboa Capital

4.0
LOAN AMOUNT$5,000 - $500,000
APR8% - 30%
FUNDING24-72 hours
MIN CREDIT620+
Best for: Businesses needing equipment financing with fast approval
#4

Beacon Funding

4.0
LOAN AMOUNT$10,000 - $1,000,000
APR7% - 25%
FUNDING24-48 hours
MIN CREDIT550+
Best for: Businesses of all credit levels needing equipment financing
#5

Lendr

4.0
LOAN AMOUNT$5,000 - $500,000
APR15% - 45%
FUNDING24-48 hours
MIN CREDIT550+
Best for: Trucking and transportation businesses needing capital
METHODOLOGY

How We Evaluate Lenders

Our rankings consider interest rates (25%), approval requirements (20%), equipment expertise (20%), funding speed (20%), and flexibility (15%). While specialized equipment lenders offer strong options, Tree of Life Funding can connect you with equipment financing alongside other options to ensure you're getting the best deal.

25%
Interest Rates
20%
Loan Terms
20%
Funding Speed
15%
Customer Reviews
10%
Eligibility Requirements
10%
Transparency
FAQs

Common Questions

Equipment financing provides funds specifically to purchase equipment. The equipment serves as collateral, which means easier approval and better rates. You own the equipment once the loan is repaid.
With a loan, you own the equipment and build equity. With a lease, you pay for usage and may return it, buy it, or upgrade at the end. Loans are better for long-term assets; leases are better for equipment you'll replace frequently.
Equipment financing typically requires 10-20% down, though some lenders offer 100% financing for qualified borrowers. The down payment affects your rate and monthly payments.

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