Equipment Financing

Get the Equipment You Need Today, Pay as You Grow – Financing Tailored to Your Business’s Future!

Equipment Financing at A Glance

What to Expect

Loan Amounts

No Maximum

Payment Options

Weekly or Monthly

Available through

PCG & Our Finanacing Network

Equipment Financing 101

What is Equipment Financing

Equipment Financing is a loan or lease that helps businesses buy necessary machinery or tools, using the equipment as collateral. It allows companies to preserve cash flow with manageable payments that match the equipment’s lifespan, making it a cost-effective way to grow or upgrade without a large upfront expense.

Real Estate Loans with Pennington

Equipment financing and equipment leasing are two common ways to acquire business equipment, each with distinct benefits.

With equipment financing, you take out a loan to purchase equipment, meaning you own it outright once the loan is repaid, potentially gaining tax benefits through depreciation.

Equipment leasing, on the other hand, involves “renting” equipment for a set period with lower monthly payments, allowing flexibility to upgrade when technology advances; lease payments may also be tax-deductible as expenses. Financing is ideal for long-term assets, while leasing works well for conserving cash flow and using equipment that frequently needs updates.

Choose based on your business’s cash flow needs, equipment lifespan, and long-term goals.

Preserve Cash Flow

Keep your working capital intact by financing or leasing equipment instead of paying upfront, allowing you to use funds for other business needs

Flexible Payment Options

Choose payment terms that fit your budget, whether it’s a lease with lower monthly payments or financing to eventually own the equipment.

Stay Competitive

Access the latest equipment without the large upfront cost, ensuring your business stays at the cutting edge and competitive in your industry.

Tax Benefits

Depending on the structure, equipment leases or financing may provide tax advantages, such as deductions on equipment depreciation or interest payments.

No Obsolete Equipment

With leasing, you can upgrade equipment at the end of the term to avoid being stuck with outdated technology that may hinder your business performance.

Preserve Credit Lines

Instead of using traditional credit lines or business loans, financing and leasing provide an alternative way to fund necessary equipment without draining other resources.

Improved Cash Flow Management

Fixed monthly payments make it easier to manage your finances and forecast expenses, leading to greater stability for your business.

Quick Access to Funds

Equipment financing and leasing typically have faster approval processes, helping you get the equipment you need when you need it.

Qualifying for a Pennington Equipment Financing

Whether you’re expanding operations or upgrading existing equipment, financing or leasing is an affordable, flexible option that helps your business thrive without compromising its financial health.

APPLY NOW

Time in Business

Not Applicable

Annual Revenue

$0K

Credit Score

0

Discover Additional Financing Opportunities

Real Estate Loans

Real Estate Investment loans don’t have to be a headache. Whether it’s commercial, residential, or mixed-use, we’ve got the funding to fit your needs. Choose from variable or fixed rates, with terms from 5 to 25 years, and up to 30-year amortization. We also offer Real Estate secured lines of credit and Construction loans. Need the best rate? Go full doc. Need to close fast? We’ve got stated income products. Whatever your deal, we’ll make it happen—hassle-free!

Purchase Order Financing

Get a financial jumpstart to fulfill big orders. A lender fronts the cash to cover supplier costs, so you can deliver without draining your pockets. Think of it as your secret weapon to say “yes” to that massive order, even if your bank account says “not yet!”

Equipment Financing

It's your fast pass to getting the gear you need without draining your cash flow. It’s a loan specifically for buying or leasing equipment, using the gear itself as collateral. Think of it as turning tomorrow’s profits into today’s productivity boost!

Ready to Get Started?

Connect with a Pennington Business Financing Specialist to find out more