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MC Equipment Finance
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Machine shops and job shops

Machine shop equipment financing

MC Equipment Finance arranges machinery financing for machine shops and job shops: CNC mills and lathes, inspection equipment, saws, forklifts, and most other equipment in the shop. You get a specific quote up front, deals from $5,000 to $1,000,000 can be done with a one-page credit application, terms run 12 to 84 months, and credit decisions typically take 24 to 48 hours. We finance new and used machines, and we work with startups and established shops.

Machinery financing options for your shop

  • Simple interest loan. 24 to 84 months. You own the machine from day one. Available for CNC machines, press brakes, and CMMs.
  • Equipment Finance Agreement (EFA). Works like a loan, 12 to 84 months.
  • Capital lease. Built for you to keep the equipment at the end.
  • True or operating lease. Lower payments, with the option to return or upgrade.
  • Rental. 12 to 24 months for short-term needs.
  • Sale-leaseback. Bought a machine with cash? Get the cash back to work. The machine must have been purchased within the last 90 days.

What lenders look for on an application-only deal

For deals from $5,000 to $1,000,000, the one-page application is the starting point. Lenders generally look for:

  • 3 or more years in business
  • Good personal credit for the owners
  • Comparable prior borrowing
  • Standard, good-quality equipment
  • No bankruptcy
  • No tax liens

Missing one of those? Call anyway. Startups and challenged credit are considered. It just takes more information.

Used machines, new machines, and deposits

Used machines are a big part of how shops grow, and we finance them. On new machines with lead times, progress payments can cover the builder's deposit. You pay interest only on those payments until the loan commences.

One shop, one application

Job shops buy a little of everything: a mill this year, a lathe next year, a CMM when a customer asks for it. You don't need a new lender every time. Send the one-page application, and call Matt at 484-788-2554 with the next machine on your list.

Frequently asked questions

What machine shop equipment can I finance?

New and used manufacturing and fabrication machinery, forklifts, automation, inspection equipment, and most items needed in your shop. That includes CNC mills and lathes, machining centers, saws, and CMMs.

Can I get used machine shop equipment financing?

Yes. We finance used equipment. For application-only deals, lenders look for standard, good-quality equipment. Have the make, model, year, and seller's details ready.

Can a startup machine shop get equipment financing?

Yes. Startup financing is an option, for new or used equipment. It takes more than the one-page application, so be willing to do a little extra work. We will do the same for you.

Can I get machine shop equipment financing with bad credit or no credit check?

Lenders review credit on every deal, so there is no honest "no credit check" option. But we work with challenged credit and with owners who aren't sure they will qualify. We know which of our lenders work with challenged credit, and we place your deal with the one that fits.

Who are the lenders for machine shop equipment financing?

MC Equipment Finance is a broker that works directly with large and small national banks and private lenders across the United States. We know which of them understand machine shop equipment, and we place your deal with the one that fits, instead of sending your application everywhere.

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.

Apply NowGet a QuoteCall Matt: 484-788-2554