The equipment to move forward.
Room to keep operating.
Explore a loan or lease for your next equipment purchase while keeping cash available for payroll, inventory, and day-to-day expenses.
Tell us what you need, what it costs, and when you need it. GoKapital helps you explore equipment financing options around your business and the asset you plan to acquire.
Options and approval depend on your business profile, equipment, and funding provider.
Start with the structure. Then review the details.
Use these published program ranges as a starting point. Your written offer determines the amount, repayment schedule, pricing, and funding timeline.
The approved amount depends on equipment value and underwriting.
Term availability depends on the asset, its useful life, and the program.
Timing varies with approval, documentation, vendor requirements, and closing.
These ranges describe the existing published program and are not a commitment or guarantee. Request current terms for your purchase.
Own the asset or lease its use?
A loan and a lease can solve the same equipment need with different obligations. Compare your expected use, ownership goals, and the total cost over the agreement.
Equipment financing
Consider a loan when you expect to keep the equipment and want a path to ownership without paying the entire purchase price upfront.
- Repay the financed purchase according to the loan schedule.
- The asset typically secures the financing.
- Review any down payment, guarantee, and lien requirements.
Equipment leasing
Consider a lease when access to the equipment matters more than immediate ownership, or when you expect your equipment needs to change.
- Pay to use the equipment for the agreed term.
- Ownership and purchase options depend on the contract.
- Review deposits, return conditions, and end-of-term obligations.
| Decision point | Equipment loan | Equipment lease |
|---|---|---|
| Your goal | Acquire an asset for continued use. | Use an asset for the contracted period. |
| Upfront expense | Down payment and fees may apply. | Advance rent, deposits, and fees may apply. |
| At the end | After repayment, confirm lien release and title requirements. | Return, renewal, or purchase depends on lease terms. |
| Cost comparison | Include interest, fees, and required cash at closing. | Include rent, fees, and any buyout or return expense. |
Match the asset to the business need.
Provide the equipment description, vendor quote, condition, and intended use. Eligibility depends on the specific asset and funding program.
Construction & industrial
Heavy machinery, production equipment, and tools that support capacity or replace aging assets.
Trucks & transportation
Commercial vehicles and trailers for fleet expansion or replacement. Asset age and mileage can matter.
Restaurant & hospitality
Kitchen, refrigeration, and service equipment needed for reliable daily operations.
Medical & dental
Practice equipment that supports care delivery, diagnostics, or an expanded service offering.
Agriculture & operations
Machinery and operational equipment selected for your workload and expected useful life.
Technology & office
Hardware and business equipment. Ask whether installation or related costs can be included.
A defined purchase makes the conversation more useful.
This page is designed for operating businesses with an identifiable equipment need. Approval depends on both business performance and the equipment being financed.
What the review considers
- Operating history and business stability.
- Revenue, bank activity, and ability to support payments.
- Owner credit and any existing financing obligations.
- Equipment value, condition, age, and vendor.
- Requested amount and available down payment.
The existing program lists at least one year in business. Ask about current revenue and credit requirements for your equipment.
What to have ready
- A vendor quote or invoice with itemized pricing.
- Your business name and ownership information.
- Recent business bank statements.
- Revenue details and additional financials if requested.
- Your target delivery date and purchase budget.
The provider may request more information. Use the application’s secure document process for financial records.
From an equipment quote to an informed decision.
Share your purchase
Submit your business information, equipment details, estimated cost, and timeline.
Review available terms
Discuss eligible loan or lease structures. Compare payments, upfront costs, and total obligations.
Complete the agreement
If you choose an offer, satisfy closing requirements and confirm vendor payment and delivery arrangements.
Avoid committing to a nonrefundable equipment deposit based solely on an estimated financing timeline.
A useful payment starts with the full picture.
Evaluate the purchase against the capacity, efficiency, or revenue it is expected to support. Leave room in your budget for maintenance and operating costs.
Cash at closing
Confirm the down payment, deposits, fees, taxes, and any costs excluded from financing.
Total obligation
Review all scheduled payments and fees, plus any lease buyout or end-of-term expense.
Asset obligations
Understand insurance, maintenance, liens, guarantees, and responsibility for damage.
Exit terms
Ask about early payoff, early termination, renewal, return conditions, and title transfer.
Know what to expect before applying.
Can I finance used equipment?
New and used equipment may be considered. The provider evaluates condition, age, value, and useful life, so include those details in your quote.
Is a down payment required?
It depends on the program, asset, and business profile. Ask for an itemized statement of required cash at closing rather than assuming a zero-down structure.
Does the equipment serve as collateral?
Equipment loans commonly use the financed asset as collateral. Review the agreement for liens, guarantees, or other security requirements.
Can a startup apply for this equipment program?
The existing published equipment program lists at least one year in business. If you have not reached that point, contact GoKapital to discuss whether another program fits your situation.
How quickly can my equipment purchase be funded?
The published window is three to five business days, but actual timing depends on underwriting, complete documentation, the vendor, and closing conditions. Confirm the timeline before scheduling delivery.
Will I own the equipment at the end of a lease?
Not automatically. Some agreements include a purchase option; others require return or renewal. Confirm the end-of-term terms and any buyout amount in writing.
Can I deduct the equipment cost on my taxes?
Tax treatment depends on the transaction, equipment use, and current rules. Have your tax advisor review the proposed structure before relying on any expected deduction.
Have the equipment in mind?
Let’s discuss how to finance it.
Bring your quote, purchase budget, and target date. We’ll help you explore the next step for your equipment investment.
Prefer to speak first? Call Monday–Friday, 9AM–6PM ET. Applying does not guarantee approval or specific terms.