$10K to $500K. 2 to 7 year terms.

Equipment Financing

The equipment is the collateral, so qualification stays light.

Finance the trucks, machines, refrigeration, diagnostic gear, or production equipment your business runs on. The equipment itself serves as collateral, which unlocks longer terms and lower rates than unsecured working capital.

Check my options How Equipment works

Range: $1M
Terms: 2–7 years
Speed: 24 hours
Min FICO: 500+

The short answer

How does equipment financing work?

Range: $1M
Terms: 2–7 years
Speed: 24 hours
Min FICO: 500+
Min revenue: $15K/mo

Last updated 2026-06-24

How it works

One application, three honest steps.

The same process powers every ICG product. Equipment adds nothing extra. See the full walkthrough →

Step 01
Apply
Three minutes online. No documents required to start. Soft credit pull only.
Step 02
Review
One ICG team underwrites your file against equipment criteria. You get a decision and indicative terms.
Step 03
Fund
Sign electronically. Funds wire to your operating account, typically within 24 hours of approval.

Who it’s for

Built for businesses that fit equipment.

If these four lines describe your business, you very likely qualify.

Eligibility snapshot

Time in business: 6 months or more
Monthly revenue: $15K/mo
Personal credit: 500+
Funding speed: 24 hours

See full qualifications

Common use cases

Commercial Vehicles & Trucks
Finance Class 8 trucks, service vans, and fleet vehicles with the title as collateral.
Production Equipment
CNC machines, injection molds, presses, conveyors, and specialty production lines.
Medical & Dental Devices
Imaging systems, dental chairs, diagnostic analyzers, and surgical equipment.
Restaurant & Kitchen Equipment
Walk-in coolers, ovens, fryers, POS systems, and full kitchen build-outs.

Compare

Equipment sits next to four other products.

One application routes you to the product that actually fits. Full side-by-side comparison →

Product	Range	Speed	Best for
EquipmentYou are here	$1M	24 hours	Commercial Vehicles & Trucks
Revenue Funding	$500K	24 hours	Emergency Payroll
Term Loans	$500K	24–48 hours	Business Expansion
Line of Credit	$250K	24 hours	Seasonal Cash Flow
Bridge Capital	$500K	24 hours	Real Estate Deposits
SBA Loans	$5M	30–60 days	Business Acquisition

Revenue Funding Term Loans Line of Credit Bridge Capital SBA Loans

FAQs about Equipment

The questions we hear most.

Do I have to buy the equipment from a specific dealer?

No. ICG finances equipment from any reputable dealer, auction, or private seller with a documented invoice or appraisal. New and used equipment both qualify.

Is a down payment required?

Typically 0–20% down, depending on the equipment type, age, and your credit profile. Many applicants qualify for $0-down financing on new equipment.

Can I finance used equipment?

Yes. Used equipment under 10 years old with documented hours or mileage is routinely approved. An appraisal may be required for specialty items.

What happens if the equipment breaks down?

The financing agreement is independent of equipment performance. Warranty and maintenance are between you and the dealer or manufacturer. Keep the equipment insured and operational for the life of the loan.

Can I pay off early?

Yes. Most equipment financing agreements allow early payoff with no prepayment penalty, saving you on interest.

By state

Available in every state we fund.

Each state page covers the local commercial financing disclosure rules, the SBA district office, and where to file UCCs for equipment.

By industry

Built for your industry.

Industry-specific cash-flow patterns, qualification realities, and how equipment fits each one.

Ready when you are

Apply for Equipment. Get an answer today.

Three minutes. Soft credit pull. One ICG team from application to wire.

Apply for Equipment Or call (646) 813-4633