What You Need to Apply for Equipment Financing
A complete application is the single biggest factor in getting a fast decision. Here's what to have ready so your file moves quickly from quote to funding.
Business & owner information
Legal business name and structure, business address, federal tax ID (EIN), and the date you started. For each owner or guarantor with 10%+ ownership: name, home address, date of birth, and Social Security number for the credit review.
When a single owner holds less than 90% of the business, plan to include a second owner/guarantor on the application.
Equipment details
What you're buying (year, make, model), whether it's new or used, the price, and the seller, a dealer or a private party. If you have a quote or invoice, have it handy.
Documents that speed things up
Some credit profiles call for three months of business bank statements, and requests over $300K call for a full financial package; everyone should have a driver's license and the equipment quote handy. You can attach these right on the application, or send them later. Providing them upfront avoids back-and-forth.
Before you apply
We review your credit to pre-qualify and show you where you stand.
Financing covered in this article
Ready to see your options?
Pre-qualifying takes just a few minutes.