Need equipment financing?
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0% Down Payment for 620+ FICO
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Start-Up Long-Haul Trucking (no fleet size minimum)
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No Minimum Time in Business
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**Soft Credit Pull **Underwriting (doesn’t affect your score)
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Application Only Funding under $350K
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Most Industries & Equipment Considered!
What equipment financing is
Equipment financing is a loan or lease used to acquire business assets — machinery, trucks, trailers, tools, and technology — where the equipment itself secures the debt. Because the asset is the collateral, approvals lean on the equipment’s value and your business cash flow rather than a large down payment, so you keep working capital free for payroll, materials, and the next job.
For real estate investors and contractors, that means buying the excavator, dump truck, or HVAC fleet you need to take on bigger projects without tying up the cash you’d otherwise deploy into deals.
What we finance
- Construction and heavy equipment — excavators, skid steers, bulldozers, loaders, compactors
- Commercial trucks and trailers — long-haul tractors, box trucks, dump trucks, service vehicles
- Trade and shop equipment — HVAC, electrical, plumbing, welding, and fabrication tools
- Technology and software — point-of-sale, fleet telematics, and back-office systems
- New and qualifying used equipment, including vendor and private-party purchases
How the terms work
Most deals run 6%–14% depending on credit, equipment type, and term length, with repayment schedules of 2–7 years matched to the asset’s useful life. Application-only funding (no full financial package) is available under $350K; larger requests use a streamlined documentation package. Many borrowers also pair financing with Section 179 and bonus-depreciation planning to offset a meaningful share of year-one cost — confirm specifics with your CPA.
Financing vs. paying cash
Paying cash for equipment depletes the reserves you need to weather slow seasons and pounce on opportunities. Financing preserves liquidity, builds business credit, and lets the equipment earn while you pay for it. Structured well — seasonal or step-up payments aligned to your revenue cycle — the monthly cost is covered by the additional work the equipment makes possible.
When your projects also need property capital, pair equipment financing with fix and flip or DSCR rental at 5.75%–10.5% programs to fund the whole operation.
Worked example: contractor excavator purchase
A fix-and-flip operator in Indianapolis needs a mini excavator to self-perform site work:
| Line item | Amount |
|---|---|
| Equipment cost (used CAT 305) | $62,000 |
| Down payment (0% on 620+ FICO program) | $0 |
| Financed amount | $62,000 at 9.5% |
| Term | 60 months |
| Monthly payment | ~$1,300 |
| Projects enabled per year | 4 additional flips |
| Average profit per flip | $45,000 |
| Equipment cost covered by | Under 1 flip profit |
The excavator preserves $62,000 in cash that deploys into the next hard money acquisition at 8.99%–13.5%.
Industries and equipment we consider
Beyond construction, Jaken Finance Group equipment financing covers:
- Long-haul and regional trucking — start-up friendly, no fleet minimum
- Landscaping and tree service — chipper, stump grinder, fleet trucks
- HVAC and mechanical contractors — van stock, lift equipment, diagnostic tools
- Manufacturing and fabrication — CNC, press brake, welding stations
- Agriculture and land management — tractors, implements (select files)
Application-only funding under $350K uses a soft credit pull that does not affect your FICO score. Larger requests require a streamlined financial package.
Equipment financing vs. lease
| Finance (loan) | Operating lease | |
|---|---|---|
| Ownership | Yours after final payment | Return or buyout at term end |
| Section 179 / depreciation | Borrower claims (confirm with CPA) | Lessor claims |
| Best for | Long-term core equipment | Technology with short useful life |
| End of term | Paid off — no payment | New lease or buyout negotiation |
Consult your CPA on Section 179 deductions and bonus depreciation before choosing structure.
Pair with real estate capital
Investors and contractors running parallel businesses often need both equipment and property financing:
- Fix-and-flip — fix-and-flip loan requirements for the deal, equipment financing for the fleet
- BRRRR rental portfolio — DSCR at 5.75%–10.5% on stabilized doors, equipment loan on the truck and tools
- Ground-up construction — ground-up construction loans plus excavator/fleet financing
Pre-qualify equipment · real estate loan programs · (833) 264-7776
Equipment vs. real estate capital — do not mix products
| Need | Wrong tool | Right tool |
|---|---|---|
| Excavator for land dev | DSCR rental | Equipment 6%–14% |
| Flip SFR rehab | Equipment loan | Hard money 8.99%–13.5% |
| Stabilized rental | Equipment | DSCR 5.75%–10.5% |
| MHP pad infrastructure | Personal LOC | Bridge / commercial CRE |
Jaken Finance Group equipment programs are distinct from real estate — see loan parameters · commercial financing · vacant land loans.
Real estate investor equipment traps
Do not use equipment LOC for down payment on investment property — lenders trace sourced funds.
| Use | Product |
|---|---|
| Skid steer on land dev | Equipment 6%–14% |
| SFR flip rehab | Hard money 8.99%–13.5% |
| Rental hold | DSCR 5.75%–10.5% |
Loan process · vacant land · commercial financing.
Rates, terms and conditions offered only to qualified borrowers and are subject to change at any time without notice. Closing times are in business days and commence upon satisfaction of borrower conditions. All loans are subject to full underwriting for loan approvals. Jaken Finance Group only finances non-owner occupied investment properties.
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Jaken Finance Group, 2300 Barrington Road, Suite 400, Hoffman Estates, IL 60196