Equipment Financing
Acquire the machinery, vehicles, and technology that drive production — without tying up working capital.
What it is
Equipment financing funds the purchase of physical assets your business uses to operate and produce — manufacturing machinery, commercial vehicles, medical and dental equipment, IT and software systems, and more. The equipment itself typically serves as collateral, which often makes this one of the more accessible and competitively priced forms of business financing.
Who it's for
Any business that depends on capital equipment and would rather preserve cash than pay for an asset outright. It's especially valuable when the equipment directly generates revenue — the asset can effectively pay for itself over the term.
How the structure works
Financing is usually structured as a loan or a lease. With a loan, you own the equipment outright once it's repaid. With a lease, you use the equipment for a set term and choose whether to buy it, return it, or upgrade at the end — useful for assets that age quickly, like technology. Terms are commonly aligned to the useful life of the asset, so you're not paying for equipment long after it's stopped earning.
The Carraway approach
We structure terms around the asset's working life and your tax position, then source the financing across lenders who specialize in your equipment class. That specialization matters — a lender who understands your industry's equipment will offer better terms than a generalist.
The right capital structure starts with one conversation.
Tell us about your business and what you're trying to accomplish. We'll tell you where you fit across our lender network — and whether we're the right partner for this deal.