Finance the equipment your business needs to grow
Equipment financing lets you acquire the machinery, vehicles, technology, or tools your business needs without depleting your cash reserves. The equipment itself serves as collateral, which means you don’t have to tie up other assets or credit lines. Whether you’re buying new or used equipment, Bay Street connects you with lenders who specialize in your industry and understand the assets you’re purchasing. We structure deals that preserve your liquidity while giving you the equipment you need to compete.
The asset you’re financing serves as the collateral, so you don’t need to pledge additional business or personal assets.
Instead of a large upfront purchase, spread the cost over 2–7 years with predictable monthly payments that match your budget.
Equipment financing may qualify for Section 179 deductions, allowing you to deduct the full purchase price of qualifying equipment in the year of purchase.
Manufacturing machinery, Commercial vehicles & fleets, Medical or dental equipment, Restaurant equipment, Construction equipment, and Technology & IT infrastructure.
Don’t meet every requirement? Apply anyway — we evaluate the full picture.
Share the equipment details — type, vendor, price — and we’ll match you with lenders who specialize in your equipment type.
Equipment financing approvals typically come within 24–48 hours. We handle the paperwork and vendor coordination.
Once approved, funds go directly to the vendor. You get your equipment and start using it immediately.
Yes. Bay Street works with lenders who finance both new and used equipment. Used equipment may require an appraisal, and the terms may vary slightly from new equipment financing.
Nearly any business equipment can be financed: vehicles, machinery, medical equipment, restaurant equipment, IT hardware, construction equipment, and more. If it’s a tangible asset your business needs, we can likely finance it.
Many equipment financing programs require zero down payment. Some may require 10–20% depending on the equipment type, your credit profile, and the lender.
Equipment financing rates typically range from 6% to 22% APR depending on your credit profile, time in business, and the equipment being financed. Strong profiles often qualify for single-digit rates.
One application, no credit impact, and a dedicated specialist to walk you through your options. See what you qualify for in minutes.