Free tool
Equipment financing calculator: loan or lease.
Estimate payments on an equipment loan or lease. Set an end-of-term amount to model a fair market value lease, or leave it at 0 for a $1 buyout.
Estimated monthly payment$2,076Get real offers for $100,000 →
Monthly payment$2,076
Total of payments$124,550
Total interest and fees$24,550
Estimates for illustration only, not an offer of credit. Your actual rate, term and fees are set by the lender and depend on your business.
Learn more about how this product works.
What is a $1 buyout lease?
A lease where you own the equipment for $1 at the end. It works much like a loan.
What is a fair market value lease?
Lower monthly payments, with the option to buy, return or upgrade at the end of the term for the equipment’s value then.
Can I deduct financed equipment?
Financed equipment may qualify for Section 179 or depreciation. Confirm with your tax professional.
Ready to grow? See your options today.
- Decisions in as little as 24 hours*
- $10K–$5M+ across 10 products
- No hard credit pull to apply
- One dedicated funding advisor