Small Business Equipment Loans
Equipment loans can provide the necessary capital to purchase tools and machinery to grow your business. We designed our product to meet the needs of small businesses with flexible repayment terms and competitive interest rates. At Camino financial, we can provide the financial aid you need to purchase the equipment you need to run your business effectively.Camino Financial Business Loans for Equipment
Why Apply for Our Equipment Financing
Upgrading to new equipment boosts productivity and quality, yielding customer satisfaction and cost savings due to improved efficiency and reduced repairs. It can also give you a competitive edge and increase employee satisfaction, potentially lowering turnover. Our small business equipment loans can help you buy the necessary tools or machinery to take your business to the next level. The best part is that we don't require you to put up the equipment you're buying as collateral.Minimum Application Requirements
✔ Registered business
✔ At least 12 months in operation
✔ Min. business income of $30,000 annually, or $2,500 per month
✔ No collateral required*
How To Get Equipment Financing With Camino Financial
Benefits Of Choosing Camino Financial
● A completely digital application experience ● Fixed terms with competitive rates ● Your security and privacy are our top priorities ● We have no penalties for early loan repayment ● Our customer service team is bilingual ● We accept applicants with an ITIN number** ● We have no hidden processing feed ● Eligibility for renewal post 12 consecutive on-time paymentsRead What Others Are Saying
Join 9,000+ people choosing Camino Financial
Anthony Williams
“This was the best loan application experience ever. Other financial institutions need to take a look at how Camino delivers and operates...”Bernie Bravo
“...Camino Financial was great to work with and I love how they determined the loan amount based on my personal guarantee.”Rubert Velasquez
“...Camino is the best I’ve encountered so far. They’re always there to help and really make things happen in a professional, timely manner. Thanks Yvette!”FAQs
To finance new equipment. If a small business grows or expands, it may need to buy new equipment to keep up with demand. This could include anything from computers and software to machinery. To renovate or upgrade existing equipment. If a small business's machinery is old or outdated, you may need to renovate or upgrade it. This could include anything from replacing outdated computers with new ones to adding new features to existing equipment. To cover unexpected expenses. If a small business experiences an unexpected expense, such as a natural disaster or a theft, it may need to take out a loan to cover the costs. This could include replacing damaged equipment.
Equipment financing is a business loan to purchase new or used machinery. A lease is a contract between a business and a leasing company that allows the business to use the machinery for some time without owning it.
*A personal guarantee and a UCC filing may be required at closing. **ITIN is only accepted for people that don’t have an SSN.
