Equipment Express® Loan

Equipment Express Loan details
  • $10,000 to $100,000 loan amounts
  • 2- to 6-year terms
  • Fixed rates starting at 5.75% for vehicle loans
  • Fixed rates starting at 6.25% for equipment
  • 100% vehicle and equipment financing

Best For

  • Buying used or new vehicles – including trucks and trailers
  • Upgrading equipment

Other Features

  • Shop with funding in place
  • Make multiple purchases with one loan
  • No application or pre-payment fees

Rates, Terms, and Fees

  • Pre approvals from $10,000 to $100,000 (Final approval pending approval of qualifying collateral)
  • 100% financing secured by vehicle or equipment purchased
  • Flexible 2- to 6-year terms
  • Fixed rates starting at 5.75% for vehicle loans and 6.25% for equipment
  • $150 one-time opening fee
  • Automatic payment discounts available
  • No annual or prepayment fee

Collateral Types

  • New or used vehicles including vans, tractors, trailers, or passenger vehicles
  • Equipment including restaurant, food service, manufacturing, packaging, or health care equipment