Equipment financing for manufacturers
Financing for the machines that make things.
MC Equipment Finance helps machine shops, fabricators, and manufacturers finance equipment from $5,000 to $1,000,000 with a one-page application. We are an independent broker, not a bank, so we match your deal to the lender that fits it best, and you get the right product for your financing needs. Credit decisions typically 24 to 48 hours.
In equipment finance since 2006. Rather talk it through? Call Matt at 484-788-2554.
- Application-only deals
- $5K to $1M
- Credit application
- 1 page
- Typical credit decision
- 24 to 48 hrs
- Terms available
- 12 to 84 mo
Open, Honest and Fair.
Working to meet your financing needs, not ours.
Our number one goal is to match you with the right loan or lease for your business, at the time you need it to grow. Our promise is simple: doing right for the customer with no surprises. Every term is explained up front. You're not a number or a deal. We want to be your go-to from your first deal to your 20th.
- One application, matched to the right lender.
- EFAs, leases, rentals, sale-leasebacks, and simple interest loans for CNC machines, press brakes, and CMMs.
- Startups, job shops, family shops, small to large companies, and challenged credit.
- Quick turnaround, simple documentation, 24 to 48 hour decisions.
Ways to finance equipment
Compare all optionsSimple Interest Loans
Available for CNC machines, press brakes, and CMMs. Terms from 24 to 84 months. You own the machine from day one.
Equipment Finance Agreements (EFA)
A loan-style contract for equipment with terms from 12 to 84 months.
Equipment Leasing
Capital leases and true/operating leases with terms from 12 to 84 months, plus rentals from 12 to 24 months.
Sale-Leaseback
Bought equipment with cash within the last 90 days? Turn it back into working capital.
Progress Payments
Vendor wants a deposit before the machine ships? We can fund progress payments. You pay interest only until the loan starts.
Startup Equipment Financing
Startups are considered. Expect to provide more documents than the one-page application.
Buying a machine with a long lead time?
We can fund the vendor deposit. You pay interest only until the loan starts.
Many machine builders want progress payments before they ship. Instead of tying up your cash, progress payments can go straight to the vendor. You pay interest only on what has been paid out, until the loan commences.
How it works
Tell us about the machine
Call or send a quote request. Tell us what you want to buy and who is selling it.
Get a quote up front
We research your business first, then give you a specific quote before you fill out any application.
Send the one-page application
We place your deal with the lender that best fits your equipment, credit, and structure. Decisions typically 24 to 48 hours.
Sign with DocuSign
Documents are signed online. Low doc fees. Then the lender pays the vendor.
What lenders look for on an application-only deal
For deals from $5,000 to $1,000,000, the one-page application is often all it takes when you have:
- 3 or more years in business
- Good personal credit for the owners
- Comparable prior borrowing
- Standard, good-quality equipment
- No bankruptcy
- No tax liens
Don't check every box? Startups and challenged credit are considered too. It just takes more documents. Rates depend on credit strength and the financing product.
Quick answers
What types of equipment can I finance?
New and used manufacturing and fabrication machinery, CNC machines, forklifts, automation equipment, inspection equipment, and most items needed in your manufacturing facility. If it runs on your shop floor, ask us.
How long does equipment financing approval take?
Typically, once we receive your application, we can have an answer within 24 to 48 hours.
What are equipment financing rates, and how are they determined?
You get a specific quote from us up front, before you fill out any application. We research your business first: Dun & Bradstreet, Secretary of State filings, time in business, existing UCC filings, number of employees, revenue. That homework is why our quotes are typically very close to the final approved rate. Rates still depend on your credit strength and the financing product, and a formal approval requires a credit application and a credit decision from the lender. The rate we quote is the true rate, with no advance payments hiding the real cost.
Can I finance equipment with no money down?
Yes. With established business credit, 100% financing is an option. That means no down payment on the equipment.
My machine vendor requires a down payment. If I'm approved for 100% financing, can you pay the deposit?
Yes. MCEF and the lenders we use can make progress payments to vendors. You pay interest only on the progress payments until the loan starts. That keeps your cash in the business while the machine is being built or shipped.
Can a startup business get equipment financing?
Yes. Startup financing is an option with MCEF, for new or used equipment. It takes a little more than the one-page application, so be willing to do some extra work. We will do the same for you.
Ready to talk about your next machine?
Fill out the one-page application or send us the quote you have. Credit decisions typically take 24 to 48 hours.