Small Business Loans for Financing Equipment

OnDeck doesn't take security over your assets, however we do require a personal guarantee.

The application is fast and easy, and there is no obligation to take the loan.

If you're approved for a loan, funds can be available in as fast as one business day.

An OnDeck small business loan can be used for many different purposes – including equipment.

You could use a loan to:

A few types of equipment:

Specialised inventory – healthcare, scientific or industrial equipment
Office and IT equipment – copiers, fax machines or printers, computer monitors and phone systems
Vehicles (for commercial use) – trucks, cars or heavy commercial vehicles
Beauty services – massage beds, saunas or chairs for your salon

As a small business owner, it’s your job to make sure all the cogs in your business machine are working properly.

When you need to buy equipment, an OnDeck short term loan could help, so you don’t have to put your operations on hold while you wait for funding.

OnDeck reviews applications for businesses that have been in business for at least 1 year.

Minimum gross annual turnover is $100,000.

We serve over 700 industries. To see which industries we can’t serve, click here.