California equipment financing lets you acquire commercial equipment — machinery, vehicles, technology, kitchen equipment, medical equipment, manufacturing systems — without paying the full cost upfront. You spread the payment over 12 to 60 months, the equipment itself serves as collateral, and you preserve your working capital for operations.
California businesses generating $10,000+ in monthly revenue qualify for equipment financing from $10,000 up to $5,000,000 per piece. Most equipment loans are approved in 24 hours, with funds disbursed directly to your equipment vendor or to your account once you've made the purchase.
What Equipment Can California Businesses Finance
Vehicles and Fleet
- Commercial trucks and vans for delivery operations
- Refrigerated vehicles for food service and distribution
- Construction vehicles and heavy equipment
- Service fleet (HVAC, plumbing, mobile services)
- Cars for sales reps and service operations
Industry-Specific Equipment
- Restaurant equipment — Commercial ovens, refrigeration, POS systems
- Construction equipment — Excavators, loaders, generators, framing tools
- Healthcare equipment — Medical imaging, dental equipment, exam tables
- Manufacturing equipment — CNC machines, packaging equipment, assembly systems
- Retail equipment — Display fixtures, POS, security systems
- Auto repair equipment — Lifts, alignment systems, diagnostic equipment
Technology and Systems
- POS systems (Toast, Square, Clover, etc.)
- Computer hardware and servers
- Phone systems and infrastructure
- Manufacturing automation
- Security and surveillance systems
Equipment Loan vs Equipment Lease
Equipment Loans
With an equipment loan, you own the equipment from day one. The lender holds a security interest in the equipment until the loan is paid off. You make fixed monthly payments over 24-60 months.
Equipment Leases
With a lease, you make monthly payments for use of the equipment. At end of lease, you have options: buy out for fair market value, buy for $1, return, or upgrade.
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
