Startups

New business? No problem.

Businesses under two years old and owner-operators are welcome. App-only options, programs that help you build business credit, and fast decisions.

Under 2 years OK
Owner-operators welcome
Build business credit
Used & high-mileage OK

Apply now Call 617-843-5612

Updated October 31, 2026

Can a startup or brand-new business finance equipment?

Yes. Avanti finances startups and businesses under two years old, including first-time owner-operators with no business history. App-only options are available on many deals, and a down payment is typically required. Terms depend on your application and the equipment; decisions can come in as little as 24 hours after review of a complete file.

10+

Years of founder experience

24-hr

Fastest decisions

States served

72-mo

Terms available

Why finance with Avanti

New businesses can apply for their first truck or machine. Strong credit can qualify for $0 down; challenged credit typically requires a down payment. Your representative explains the requirements for your credit profile and equipment before you commit.

For a future purchase, the terms will depend on the application, equipment and financing options available at that time.

At a glance

Amounts: $20K – $500K+
Terms: Up to 72 months
Credit: All considered
Equipment: New & used

What a startup can expect by credit score

The planning figures our credit-based pre-qualification shows a business under two years old, by the credit range you'd pick on the application:

Startup down payment and term by credit score
Credit score	Down payment	Longest term	Truck age
700+	Often $0 down up to $50k	Up to 72 months	Age sets the term
660–699	20% down minimum	Up to 60 months used / 72 new	Age sets the term
640–659	30–40% down	Up to 60 months used / 72 new	Age sets the term
600–639	Around 40% down	Up to 36 months used / 48 new	2017 or newer
550–599	Around 40% down	Up to 36 months used / 48 new	2017 or newer
Below 550	30–40% down	Up to 36 months used / 48 new	2017 or newer

Swipe the table sideways to see every column.

Planning figures from Avanti's credit-based pre-qualification for a $40,000 truck bought by a business under two years old. Over $50,000, a 700+ startup can need 10–20% down. With credit under 700, expect to send your last 3 months of business bank statements. Final terms are set by the lending partner after review.

Estimate a payment at each down payment

Starting a towing company?

The first tow truck has its own playbook: which truck finances best, where the CDL line falls, and the work that strengthens a file with no history. The guide walks through it step by step.

What makes a startup file stronger

With no business history to review, these carry the file:

Personal credit
The down payment: the strongest lever you control
Years of experience in the industry
Work lined up for the equipment
A business bank account with steady deposits
Equipment you already own, pledged as additional collateral

Collateral-based financing

How it works

Pick your equipment

Choose the truck or machine you need, from a dealer or a private seller, new or used.

Apply in minutes

A short application and the equipment details. We review your credit to pre-qualify, usually in just a few minutes.

Get a decision

Decisions come back in as little as 24 hours, with terms matched to your credit and time in business.

Get funded

Sign, and we coordinate funding, usually within a few days, so your equipment can get to work.

Start your application

Frequently asked questions

Can a startup get equipment financing?

Yes. Businesses under two years old and owner-operators are welcome. A down payment is typically required, and strong personal credit helps.

How much down does a startup need?

It scales with credit. Strong credit can mean $0 down up to a set amount, while lower scores generally require 20 to 40 percent down on 2017-or-newer equipment.

Do you require tax returns?

App-only programs are available with no tax returns required up to higher amounts, depending on the profile.

Can financing help build my business credit?

Yes. Financing equipment in the business name and paying on time helps establish business credit over time.