Collateral-Based
Put the equipment you own to work
Pledge equipment you already own as additional collateral to lower your down payment on new equipment — or pull working capital out of what's paid off. Every credit profile considered, decisions in as little as 24 hours.
- Lower or cover your down payment
- Pull cash from owned equipment
- Strengthen a challenged-credit deal
- New & used equipment
Can I use equipment I already own as collateral to finance more?
Yes — Avanti offers collateral-based equipment financing: pledge equipment you already own as additional collateral to lower the down payment on new equipment, or pull working capital out of gear that's paid off. It's a common way to strengthen a challenged-credit deal, and every credit profile is considered, with decisions in as little as 24 hours.
10+
Years of experience
24-hr
Approval decisions
50
States served
72-mo
Terms available
Why finance with Avanti
That paid-off wrecker sitting in your yard? It can be your down payment. Pledge owned, titled equipment as additional collateral to shrink — or cover — the cash you bring to closing, or pull working capital out of what's already paid off. Collateral doesn't replace credit, but it strengthens a deal: better terms, less cash at closing, and a real path to yes for challenged-credit and newer-business files. You'll get a straight answer on exactly what your equipment adds to the deal.
At a glance
- Amounts
- $20K – $500K+
- Terms
- Up to 72 months
- Credit
- A-paper to challenged
- Collateral
- New + equipment you own
How it works
1
Pick your equipment
Choose the truck or machine you need — from a dealer or a private seller, new or used.
2
Apply in minutes
A short application and the equipment details. We review your credit to pre-qualify, usually in just a few minutes.
3
Get a decision
Decisions come back in as little as 24 hours, with terms matched to your credit and time in business.
4
Get funded
Sign, and we fund the deal — usually within a few days — so your equipment can get to work.
Frequently asked questions
Can I use equipment I already own to lower my down payment?
Yes. When a down payment is required, you can pledge owned, titled equipment as additional collateral to reduce or even cover it. The equipment is valued conservatively, and the stronger the collateral, the less cash you typically bring to closing.
Can I pull cash out of equipment I already own?
Yes. If you have equipment that's paid off or carries equity, we can structure financing against it to put working capital back in your business — for fuel, payroll, repairs, or the next opportunity.
Does collateral mean I'm guaranteed approval?
No. Collateral strengthens a deal and can improve your terms, but credit and revenue still matter. It's a lever that helps a file get to yes — especially on challenged credit or a newer business — not a replacement for them.
What kind of equipment can I pledge as collateral?
Owned, titled equipment generally works best — trucks, trailers, and machines with a clear value and title. The equipment you're financing serves as collateral on its own; pledging additional owned equipment is what lowers the down payment or unlocks cash out.
How fast can I get a decision?
Decisions come in as little as 24 hours on a short application. We review your credit to pre-qualify and tell you what your equipment adds to the deal.