Funding structure
The financed equipment may support or secure the facility, depending on the final agreement.
All loan products
Loan product
Equipment financing
Financing designed to help businesses acquire machinery, vehicles, technology, and essential equipment.
Overview
Designed around a clear funding purpose.
Equipment financing can spread the cost of business-critical assets over time while preserving cash for other priorities.
Machinery and production equipment
Commercial vehicles
Technology and office systems
Replacement or upgraded equipment
Key terms
What to expect during review.
These are general product characteristics, not an offer. Your final terms are provided only after review.
Repayment
The schedule is established during review and may reflect the asset and expected useful life.
Cost
Rates, fees, and any upfront contribution depend on underwriting and the equipment.
Eligibility
Information commonly considered.
Eligibility depends on the applicant, purpose, documentation, underwriting, and jurisdiction. Meeting these general factors does not guarantee approval.
Review factors
- A business purchasing equipment for a legitimate operating purpose
- A quote, invoice, or clear description of the asset
- Verifiable business and financial information
- An asset and supplier acceptable under the final review
Next step
Discuss your equipment financing needs.
Share a few details with Tompkins & Trust LLC to begin a no-obligation review of possible options.