Minimum 2 years in business under existing ownership
Minimum $250,000 in annual revenue
Business Advantage
Equipment Financing & Loans
Get the equipment your business needs
Equipment loans to get the job done
From heavy-duty equipment to general-purpose machines, we can help you finance the equipment your business need.
From heavy-duty equipment to general-purpose machines, we can help you finance the equipment your business need.
From heavy-duty equipment to general-purpose machines, we can help you finance the equipment your business need.
Loan amount
Loan amount
from $25,000
Terms
Loan terms
up to 5 years
when secured by
business assets
business assets
Loan amount
Loan amount
from $25,000
Terms
Loan terms
up to 5 years
when secured by
business assets
business assets
Qualifications:
Advertised as low as rate is effective as of October 1st, 2024 and is subject to change. Your actual interest rate may differ based on your creditworthiness, overall business relationship with Bank of America and line amount. Subject to credit approval; some restrictions may apply.
Applying is easy
Apply
Complete an application in-person or over the phone.
Get a decision
We'll work together to help determine the loan amount and loan terms that best fit your budget.
Access funds
Upon approval, funds are generally available within 10 business days.
Prefer an equipment lease?
Leases could be a good option if you need equipment that requires an upgrade every few years.
Interested in a line of credit?
Purchase the equipment you need anytime during your revolving credit term.
Top FAQ
What's the difference between a lease purchase and a true tax lease?
Do you provide equipment loans for healthcare practices?
Equipment we finance
We finance general-purpose equipment such as packing machines and office equipment, heavy-industrial equipment such as manufacturing lines, printing presses and stationary machinery, construction equipment, and commercial vehicles (typically greater than 2.5 tons) such as heavy trucks and trailers.
