Equipment Financing
Equipment financing can help your business acquire the machinery, vehicles, technology, or other equipment it needs — funding as quick as the same day for standard equipment — without paying the full cost upfront. Approvals in as little as two hours, once the application and all documents are complete. Funding in as little as four hours after approval, often the same day, during lender business hours (Monday through Friday).
The short answer
Equipment financing is business financing used to purchase machinery, vehicles, technology, and tools, where the equipment itself may help secure the loan. Paradise Working Capital, a Hawaii-based broker, reviews the asset, business, and repayment plan and matches the request to a participating funding source.
How This Program Works
Equipment financing is used to purchase business equipment, including new or used machinery, vehicles, technology, and specialized tools. The equipment may help secure the financing, while the funding source reviews the asset, business, repayment plan, and supporting documents.
New or used equipment may be considered
Asset, business, and repayment reviewed
Supporting documents required
Terms vary by funding source
Equipment Financing Calculator
Move the sliders to see an educational funding estimate for this program. It is not an approval, offer, or substitute for a completed application and document review.
Based on these inputs, this is an estimate to discuss — not an approval or offer.
Soft credit pull to prequalify: applying and finding out if you're approved does not hurt your credit. Approvals in as little as two hours, once the application and all documents are complete. Funding in as little as four hours after approval, often the same day, during lender business hours (Monday through Friday).
This calculator estimates potential Equipment Financing funding based on the requested amount, within this program's typical range of $15K – $250M. This program is generally sized by the underlying asset, property, or invoice value rather than monthly revenue. Estimates are for illustration only and do not constitute a loan offer.
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How It Works
The review begins with a complete form and the documents needed for the program. Timing depends on the request, the funding source, and how quickly the file can be completed.
Complete the Form and Documents
Tell us what you need, complete the application, and provide the business, financial, invoice, equipment, or property documents relevant to your request.
We Review the Full Picture
Once the requested information is in, a local advisor reviews the request and looks for potential program fits within our lending network.
Review Potential Options
If a potential fit is identified, we explain the next steps and any available proposal. The participating funding source makes the final decision.
Equipment Financing — Frequently Asked Questions
How fast can I get funded?
Standard equipment can fund as quick as the same day once a complete application and documents are submitted; titled assets (vehicles, etc.) typically take a few business days. Larger or more complex transactions can take longer. Exact timing depends on the equipment, business, and participating funding source. Approvals in as little as two hours, once the application and all documents are complete. Funding in as little as four hours after approval, often the same day, during lender business hours (Monday through Friday).
What documents do I need to apply?
Typically: a completed application, an invoice or quote for the equipment being financed, and basic business information. Larger requests may also need business tax returns, financial statements, and recent bank statements. Exact requirements depend on the funding source and deal size.
Can I finance used equipment?
Some funding sources consider used equipment. The asset, condition, cost, business use, and supporting documents are reviewed case by case.
Do I need great credit?
Credit requirements vary. The equipment may be part of the review, but it does not guarantee approval or replace the need for a complete application and documents.
Start Your Funding Review
Soft credit pull to prequalify: applying and finding out if you're approved does not hurt your credit. Approvals in as little as two hours, once the application and all documents are complete. Funding in as little as four hours after approval, often the same day, during lender business hours (Monday through Friday).
To identify a suitable program, we need the completed form and the requested business documents. You can upload them below so we can review the full picture; additional information may be requested depending on the program and funding source.
Missing documents, or items that need manual underwriting review, can delay approval and funding. That includes an NSF or overdraft that needs an explanation, and money moved between personal and business accounts. Explaining these up front helps keep things moving. Write them here.
⚠️ Required for an accurate review: at least 3 months of recent business bank statements (some programs need up to 6), your business EIN / Tax ID number, a government-issued photo ID (required to submit), plus your business details below (time in business, entity type, revenue). Applications missing these go to manual review, which slows things down.
You're In — Application Received!
Thank you for your submission. Please check your email — we're sending you next steps and instructions right now. Don't see it in a few minutes? Check your spam or junk folder, just in case.
A local funding advisor will review the completed information and documents. If anything is missing, we will let you know what is needed before potential program options can be evaluated.
Your application needs manual review because some required information (bank statements) is missing. One of our teammates will reach out shortly to get what's needed.