Serving Dallas-Fort Worth

Equipment Financing in Dallas, TX

Equipment financing is a loan or lease used to acquire specific business equipment: vehicles, machinery, technology, kitchen, medical, or production gear. The equipment itself serves as collateral, which makes approvals easier than for an unsecured loan of the same size.

No upfront fees, ever
Compare multiple lenders in one call
Texas-based advisors
Soft credit pull (no credit hit to quote)

Call (469) 213-1499 Apply Now

Equipment Financing for Dallas-area business owners

Program at a glance

Typical loan amount: $10K - $5M+ depending on asset
Funding speed: 2 - 7 business days
Term length: 2 - 7 years (matched to asset useful life)
To qualify: 6+ months in business, vendor quote, owner with decent credit

Ranges are typical for Dallas-area files. Final rates and terms depend on the lender and borrower profile.

Written & reviewed by the Compass Lenders advisory teamDallas-Fort Worth business financing advisorsUpdated June 2026

What it is

Equipment Financing, explained in plain English

For Dallas-area businesses, equipment financing is often the cheapest and easiest path to a new asset. The lender can repossess the equipment if things go wrong, so they take less credit risk and price accordingly. Terms typically match the useful life of the asset.

Compass Lenders is not a lender. We're a Dallas-based advisory firm that places your file with the lender most likely to fund it on the best terms, and we get paid only when your deal closes.

Who it's best for

A good fit if you recognize yourself here

Equipment Financing tends to be the right choice in specific situations. If one or more of these describes you, it's worth a 15-minute call.

Business types

Trucking, construction, and trades buying vehicles or machinery
Restaurants and food service buying kitchen equipment
Medical and dental practices buying imaging or chairs
Manufacturers and fabricators buying production equipment
Any business with a defined equipment purchase

Situations it fits

You have a specific piece of equipment in mind with a vendor quote
You'd rather preserve cash and finance the asset over its useful life
You want predictable monthly payments tied to a specific asset
You want to take Section 179 depreciation in year one

Typical terms

The numbers, as straight as we can give them

These are typical ranges for equipment financing files we place for Dallas-area borrowers. Final rates and terms depend on the lender and the borrower profile.

Typical loan amount: $10K - $5M+ depending on asset
Term length: 2 - 7 years (matched to asset useful life)
Time to funding: 2 - 7 business days
Qualification basics: 6+ months in business, vendor quote, owner with decent credit
Documentation: 1-page application + vendor quote · larger files add financials
Cost to apply: $0 upfront. No fees, no obligation.

How to apply

From first call to funded in days

01
Talk to a Dallas advisor
Quick 15-minute call. We confirm equipment financing is the right structure, or recommend a better-fitting program.
02
Submit your file
One-page application plus 3 months of business bank statements. Most files don't require tax returns.
03
Compare real offers
Within 24-72 hours we bring back 2-4 funded offers from lenders actively writing this program for Texas borrowers.
04
Sign and fund
Pick the offer that fits. Funds land in your business account, often the same business day.

Call (469) 213-1499 Start my application

Benefits

Why Dallas owners pick equipment financing through us

Decisions in hours

Files for equipment financing are usually screened the same day they arrive.

No upfront fees

We're paid by the lender on close. You see real offers before any commitment.

Multiple lenders, one file

One application, side-by-side offers, so you choose on facts, not pressure.

Texas-based advisors

Local underwriters who understand Dallas business profiles and Texas filings.

Soft credit pull to quote

Initial review is a soft pull, with no impact to your personal credit score.

Built around your cash cycle

Term, draw structure, and payment cadence sized to how your revenue actually arrives.

Common uses

How Dallas businesses actually use it

A few of the real-world reasons equipment financing shows up in our pipeline each month.

Use case

Buy a work truck or van

Get the asset on the road this week; finance over its useful life.

Use case

Add production capacity

Bring on a second machine, lift, oven, or rig before turning down work.

Use case

Upgrade aging equipment

Replace a maintenance-hungry unit with newer, more efficient equipment.

Use case

Buy used equipment

Finance pre-owned assets from dealers, auctions, or private sellers.

Use case

Fund a build-out's equipment package

Finance kitchen, salon, dental, or shop equipment as part of an opening.

FAQ

Equipment Financing questions, answered

Do I have to put money down?

Many equipment loans require 0-20% down depending on the asset and your credit. New equipment from a strong vendor often goes with $0 down. Final rates and terms depend on the lender and the borrower's profile.

Can I finance used equipment?

Yes. Most lenders finance used equipment, though terms are shorter and pricing is typically a bit higher than new.

Should I lease or buy?

Lease if you want lower payments and plan to refresh equipment frequently; buy (finance) if you want to own the asset and take full depreciation. We can quote both.

What about Section 179 depreciation?

Equipment financed and placed in service in the same tax year is generally eligible for Section 179 deduction up to the annual limit. Talk to your CPA for your specifics.

Can a startup get equipment financing?

Yes. Because the equipment is collateral, newer businesses can often qualify when they wouldn't for an unsecured loan.

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