Purchase, replace or upgrade your equipment
If your business needs equipment that it will use for a long time (such as a commercial oven, forklift or other heavy duty machinery), purchasing offers several advantages over leasing. You’ll be able to get exactly what you need at a lower lifetime cost, plus you may be able to claim tax benefits like depreciation.* Addition Financial’s Business Equipment Loans offer competitive fixed rates and financing up to 80% so you don’t have to try to cover the entire purchase cost with today’s cash flow.
Expand your operation + grow your business
Because the equipment you’re purchasing serves as collateral for the money you borrow, an Equipment Loan tends to offer lower rates and easier approval than an unsecured loan - making this a great option for startups and small businesses. Once you’ve identified the equipment you require, bring that information to your Addition Financial member service representative so we can help you get the funding to purchase it.
Loan amounts from $5,000 to $1,000,000
Competitive fixed rate
Loan-to-value ratios up to 80%
Loan is secured by the equipment you purchase
Why Addition Financial?
Get Stuff Done
Powerful anytime account management tools.
On Time, Every Time
Online bill payments = easy and reliable.
Earn More + Pay Less
Competitive rates on deposits, loans and credit cards.
Additional Features and Benefits
Discount tickets, goods and services
Financial assistance and education
Friendly member service
Online and mobile access
Get what you need at a rate you can afford
Any entrepreneur knows that it takes money to make money. So if you’re launching a new business or preparing for expansion, you might need help covering the cost of major equipment purchases that will set your business up for success. That’s what we’re here for.
Own a business in one or more of 24 select counties. View our "Become a Member" page for full eligibility.
2Complete account application.
When you’re ready, visit your branch to apply in person.
3Get your loan.
Get your new equipment.
Get your learn on
Think of us as your personal financial guru, partner and coach for wherever life’s journey takes you. To help you live your best life, we offer money management tools, financial literacy seminars and expert advice that’s easy to understand. Start making every moment (and every penny) count.