California businesses across every industry need equipment — vehicles, machinery, technology, specialty equipment. Equipment financing structures the cost over 24-72 months, preserving working capital while acquiring needed assets. This guide explains how California businesses actually finance equipment in 2026.
What Equipment Can California Businesses Finance
- Commercial vehicles — Trucks, vans, refrigerated vehicles, fleet
- Construction equipment — Excavators, loaders, generators, framing tools
- Restaurant/kitchen equipment — Ovens, refrigeration, POS
- Medical/dental equipment — Imaging, exam, treatment equipment
- Manufacturing equipment — CNC, assembly, packaging
- Technology — POS systems, computers, servers
Loan vs Lease Decision
Loans for long-life equipment (vehicles, machinery, refrigeration) — you'll get full useful life. Leases for tech equipment that becomes outdated quickly (POS systems, computers).
California Equipment Financing Rates
- Strong credit (700+) — competitive APR, 36-60 month terms
- Average credit (600-699) — competitive APR, 24-48 month terms
- Building credit (500-599) — competitive APR, 12-36 month terms
