Business Equipment Loan Features

It takes a lot to run a successful business and continue to drive growth. You can rely on Copper State Credit Union for a fast and affordable Business Equipment Loan.

checkmark 30 x 30
Competitive rates.
Our low Business Equipment Loan rates offer you an affordable monthly payment.1
checkmark 30 x 30
Flexible terms.
Fixed rate Business Equipment Loans offer terms that will fit your business' needs.2
checkmark 30 x 30
Expand production.
We offer options that can help you expand your production line.
checkmark 30 x 30
Improve internal cash flow.
Streamline to keep your business profitable.
Apply Now
Equipment Loans
yellow-lightbulb-spot
Keep costs in check.
Costs add up quickly, especially when it comes to machinery. We offer repayment terms for up to 60 months with an 80% down payment.

Business Equipment Loans keep you moving.

  • Expand your production line.

    If growing demand is outpacing your manufacturing, purchasing additional equipment to produce more or even more variety can help.

  • Control your products.

    No one knows your products better than you. Improve quality control with a C&I equipment loan.

  • Bring in-house control over financing.

    If outsourcing is a part of your manufacturing, then purchasing new equipment may be the answer to keep your production in-house.

  • Flexible credit whenever and wherever you need it.

    Another option to consider when you need money available at a moment's notice is a Business Line of Credit.

Untitled design (48)
We're your local, trusted financial team.
Copper State CU partners with our members to match their business financing needs with the right products and terms, so our members can focus on serving their clients and growing their business.
Apply Now
Simple and Easy

We understand time is money.

When you own a business, you don't have extra time to spare. Our online application is fast, easy and reviewed right here, locally by one of our loan experts.

After you apply, we will remain in touch with you throughout the application process so that you don't have to worry about the details. We are here to help you and your business succeed!

Apply Now
Member Since 2021
Debra F.

I appreciated how professional the representatives were. The entire process was very streamlined.

Copper State CU is efficient and truthful. I really felt like the team wanted to help me with my goals.

start
Have a Question?

Frequently Asked Questions

What is a business equipment loan?

It is a type of loan that provides the funds necessary to purchase the machinery or equipment specific and essential to running your unique business.

How many years can you finance business equipment?

The term of the loan is determined by the type of equipment being financed. Generally, the loans have terms between three to seven years and occasionally, some terms go out as long as ten years. 




How do you qualify for equipment financing?

Typically you need to be in business at least two years and profitable. However, exceptions can be made based on the growth of the business and strength of the owners/guarantors. 

What is the application process?

We will need to review current financial information on the business and the owners/guarantors of the business. Contact us today and we can get you a complete list of items needed. 

Disclosure

1All loans subject to approval. Rates, terms and conditions are subject to change and may vary based on creditworthiness, qualifications and collateral conditions. Membership and a Business Checking Account are required.

2For a 72 month term, the amount financed must equal or exceed $15,000. For an 84 month term, the amount financed must equal or exceed $25,000. Refinanced auto loans must be from another financial institution.

Annual Percentage Rate range: Rates listed are the lowest and highest annual percentage rates available. Actual APRs and term depend on credit history, type of product and our underwriting standards. For each loan request, Copper State CU will determine the LTV (Loan to Value) using MSRP for new vehicles and Kelley Blue Book retail for used vehicles.

Book an appointment Contact Us