How Small Business Equipment Financing or Leasing Can Help You

Starting or scaling a small business requires access to the right equipment. But, purchasing equipment outright can be expensive. That’s where equipment financing comes in. Whether you're a startup or an established business looking to upgrade, leasing or financing equipment can help conserve cash on hand and improve operations.

What Is Equipment Financing?

Equipment financing refers to borrowing money or leasing equipment to get small business equipment without paying full price upfront. Instead, you make fixed monthly payments over time. At the end of the term, you may own the equipment (in a loan) or return/purchase/upgrade it (in a lease).

Is Equipment Financing Right for Your Business?

Before choosing an equipment financing method, ask:

• What kind of equipment do I need?
• What does my credit look like?
• How long will I use it?
• Can I afford monthly payments?
  
  

Leasing vs. Financing Equipment: A Breakdown

Factors to Consider When Choosing Equipment Financing

• Budget – Know what monthly payment you can realistically manage.
  
  
• Credit Score – Higher scores get better rates, but options exist for all credit levels.
  
  
• Equipment Lifespan – Lease tech that quickly becomes outdated, consider what lasts longer.
  
  
• End-of-Term – Understand your buyout or return terms.
  
  
• Tax Benefits – Equipment purchases or leases may qualify for Section 179 deductions.
  
  

Can a Startup LLC Get Equipment Financing?

Yes. Many lenders, including Clicklease, work specifically with startups, even if you haven’t built up a long credit history. In fact, Clicklease specializes in working with new businesses and offers fast decisions with minimal paperwork.

Is It Hard to Get Equipment Financing?

It depends on where you apply. Traditional banks often require good credit, collateral, and financials. But Clicklease offers easier options:

• Soft credit pull (won’t affect your score)
  
  
• No business history required
  
  
• Decisions in minutes
  
  
• Lease amounts from $500 to $25,000
  
  

➡️ Learn more about how Clicklease financing works

What Credit Score Do You Need for Equipment Financing?

While some lenders require 700+, Clicklease can approve leases for applicants with credit scores as low as 550. A low score doesn’t disqualify you from getting the tools your business needs.

🧠 Read about hard vs. soft credit pulls

Tips for Startup Equipment Financing

• Start small – Lease only what you need to get going.
  
  
• Keep cash flow in mind – Choose terms that won’t strain your finances.
  
  
• Compare offers – Look at total cost, not just monthly payments.
  
  
• Watch for upgrades – Leasing allows you to stay competitive with newer models.
  
  
• Use trusted partners – Clicklease makes the process fast, affordable, and tailored for small businesses.
  
  

Why Choose Clicklease?

Clicklease offers simple, accessible equipment financing built for small and startup businesses:

• Decisions in minutes
  
  
• No hard credit pull
  
  
• Lease amounts from $500–$25,000
  
  
• No minimum time in business
  
  
• Vendor partnerships across industries
  
  

Apply Now to Get Started

Questions? Call us at 888-509-5592