The equipment financing you need, on terms that work.
If your business needs new equipment, waiting or paying everything up front isn’t always realistic. Equipment financing helps you move forward while keeping your cash where you need it. Through IOU’s network, you’ll get clear terms–quickly– to help you get the new equipment you need to grown your business.
Who qualifies for equipment leasing through IOU Financial's network?
Financing the equipment your business needs shouldn’t be complicated. If your business has consistent revenue and at least two years in operation, you may be a strong candidate for equipment financing.
Established business
Most transactions require at least two years in operation.
Strong personal credit
A personal FICO score of around 650 or higher is typically expected.
Clean credit history
Applicants generally should have no bankruptcies within the past 10 years.
When you treat small businesses right, the impact adds up.
We believe in doing what is best for business owners. In our 15 years, that approach has helped deploy $1.9B in loans, which has generated an estimated $6.5B in economic impact and created ~41,000 jobs.
Capital deployed
Comprising of more than 17,000 loans to small businesses (SMBs).
Incremental U.S. business activity
IOU’s $1.9B in loans deployed for small businesses has generated $6.5B in incremental economic growth.
Jobs created
That growth has employed over 41,000 hard-working individuals across the United States.
Celebrating the wins of hardworking business owners.
Thousands of small business owners have trusted IOU Financial to help them reach their goals. From first-time borrowers to long-time partners, they share one thing in common — a simple, supportive lending experience that works.
“As a rapidly growing small business with limited credit history, it’s been difficult for us to secure reasonable funding. IOU Financial offered fair rates and made the process straightforward.”
Small business owner | Founder | Transportation business
“IOU has been an outstanding source for short term funding for my business throughout the years of my career. I highly recommend their team especially when those emergencies pop up and you need funding quickly.”
Owner | Dental practitioner | Private practice
Quick answers: Your finance questions, solved.
It’s a type of business equipment loan that lets you pay for equipment over time rather than all at once. It allows you to get the equipment you need now while spreading payments out, helping you preserve cash for day-to-day operations.
Most types of essential business equipment can be financed, including vehicles, machinery, technology, medical equipment, and specialized tools. If the equipment plays a role in how your business operates, it’s often a good candidate for financing.
A small business equipment loan can be a good fit if new or upgraded equipment is necessary to keep your business running or growing. It’s often used when paying up front would strain cash flow, but the equipment will deliver long-term value.
Yes. With IOU Financial, you’ll work with a real person who takes the time to understand your business and your equipment needs. The goal is to help you choose funding that makes sense, not to rush you into a decision.
Ready to accelerate your business?
Start your financing journey with a simple, transparent application process. We succeed when your business succeeds, which is why doing right by small business owners will always come first.