Equipment financing is a type of lending that businesses can use to purchase or lease equipment, typically with a longer repayment period than traditional loans. Equipment financing can be used for a variety of purposes, such as purchasing new equipment, funding major repairs or purchases, and extending the life of existing equipment.

Equipment financing companies are often able to provide customers with a variety of loan options that range from short-term loans that can be used to cover immediate expenses associated with the purchase or lease of equipment, to long-term loans that can be used to finance larger purchases or leases. In addition to providing financing products, many Equipment Financing Companies also offer customer support services that can help borrowers navigate the complex loan process.