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How It Works

How it works: simple and convenient

At EquipLoan, we make the lending process simple and convenient. Here’s how it works:

How It Works

Frequently asked questions

You would apply through our proprietary technology and allow our system to work its magic. After the information is in, you will hear from someone regarding your options typically within 24 hours!

We specialize in equipment financing for small to medium businesses. Given our professional expertise in serving these types of clients, we have an extensive list of partners who specialize in this area.

We have programs for all ranges of credit. In challenging credit situations we have asset based lending where we look at the equipment not your credit score. If there is an open bankruptcy or foreclosure, we will have to wait until those are closed, dismissed or discharged.

We typically provide feedback within 24 hours of an application being submitted unless there is critical information that would help inform our decision missing from it.

If your loan is Pre-Approved you will be given all terms including any fees that may be associated with the transaction from various lenders to weigh which decision is best for you. Every circumstance and transaction is different and unique.

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