What is Equipment Financing?

Equipment financing allows you to purchase essential business equipment by using the equipment itself as collateral. This typically results in more favorable terms and faster approval times compared to unsecured loans.

Ideal for...

The Inspyre Funding Advantage

Buying new or used machinery

Financing commercial vehicles

Medical and dental equipment

Restaurant and kitchen equipment

Construction and manufacturing tools

Technology and software systems

Fast Approvals: Quick decisions on equipment purchases

Competitive Rates: Equipment serves as collateral for better terms

Simple Process: Streamlined application and approval process

Tax Benefits: Potential tax advantages through equipment depreciation