Man using equipment for his business.

Equipment Loans

Get capital for acquiring essential equipment

Whether you’re looking at lawnmowers for your landscaping business or refrigerators for your restaurant, we can help you get the capital you need for the equipment you want.

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
Baker woman standing behind her shop desk.

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.
  1. 1
    Review eligibility

    Own a business in one or more of 24 select counties. View our "Become a Member" page for full eligibility.

  2. 2
    Complete account application.

    When you’re ready, visit your branch to apply in person.

  3. 3
    Get 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.

*Consult your tax professional for more detailed information.