Equipment financing
SBA Loans for Equipment
SBA 7(a) and 504 loans finance equipment and machinery — from kitchen lines and medical devices to manufacturing and construction equipment — with terms matched to the asset's useful life.
504 for major equipment
For large, long-life machinery, SBA 504 offers low down payment and long fixed terms; 7(a) suits smaller or mixed equipment needs.
Terms match the asset
Equipment loan terms are typically set to the useful life of the equipment (often up to 10 years), keeping payments manageable.
Bundle with other needs
7(a) can combine equipment with working capital or build-out in one loan, so you're not juggling multiple lenders.
Frequently asked
Which SBA loan is best for equipment?
SBA 504 is ideal for large, long-life equipment; SBA 7(a) is better for smaller equipment or when you're combining it with other needs.
How long are SBA equipment loan terms?
Terms are usually matched to the equipment's useful life — commonly up to 10 years.
Other ways businesses use SBA loans
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