Estimate monthly payments, total interest, and amount financed for new or used equipment with 3-, 5-, 7-, and 10-year terms.
Equipment financing spreads the cost of machinery, vehicles, technology, or other business assets across a term that should match the asset’s useful life. Enter the purchase price, down payment, expected APR, and term to compare the monthly payment and total interest.
The equipment normally secures the financing, but the final structure still depends on the asset’s age and resale market, your business cash flow, credit, seller, and documentation. Use the estimate to compare scenarios, then compare actual lender offers before signing.
Six questions. No documents required to start. No effect on your credit score.
Review the 8–12 lenders matched to your profile and choose who to apply to. Your file goes only to the lenders you select.
We negotiate the best terms with each lender you selected and send you their firm offers — side by side on APR, term, and payment.
One signature. Funds wire direct from the lender. Median: under 2 days end-to-end.
The financed amount is the equipment price minus the down payment. The calculator amortizes that principal using the APR and number of monthly payments, then shows the monthly payment and total interest.
Yes. Lenders commonly finance used equipment, but age, hours or mileage, condition, useful life, seller type, and resale demand can affect the down payment, rate, and maximum term.
Some long-life equipment supports 7-year terms, and certain high-value assets may support 10 years. The approved term usually cannot sensibly outlast the equipment’s remaining useful life.
No. The equipment financing calculator runs entirely in your browser — nothing is submitted and there is no credit check. When you are ready to compare firm offers, EQ Funding pre-qualifies you with a soft pull that has no effect on your score; a hard inquiry only happens if you accept a specific lender's offer.
An estimate uses typical lender criteria and rate bands. Real offers are priced by individual lenders against your actual revenue, time in business, credit, and industry, so they can come in better or worse than the equipment financing calculator shows. The point of the estimate is to set expectations before you apply — the real numbers come from comparing actual offers.
Apply once. One 2-minute application puts your file in front of 50 lenders that compete to fund it, with real, side-by-side offers back in about 24 hours and no obligation to accept any of them. You only move forward if an offer actually works for you.
Completely free, with no signup. EQ Funding is also free to you if you apply — lenders pay a fee when your deal closes, never you.
Six questions. Two minutes. No effect on your credit score. Firm offers from 50 lenders within 24 hours.