Used Equipment Financing
Get the equipment your business needs without letting the cost of buying new hold you back. Used equipment financing can help you acquire reliable trucks, machinery, and other essential business equipment while preserving your working capital.
At First Financial, we provide flexible financing options for used equipment across a wide range of industries. Whether you're replacing aging equipment, expanding your fleet, or adding machinery to support business growth, our team can help you explore financing options that fit your needs, budget, and timeline.
Benefits of Used Equipment Financing
Lower Equipment Costs
Used equipment typically costs less than buying new, helping your business get the equipment it needs while keeping the overall investment more manageable.
Preserve Working Capital
Instead of using a large amount of cash upfront, financing allows you to spread the cost over manageable payments and keep more capital available for payroll, operations, inventory, and other business expenses.
Expand or Replace Equipment
Whether you need to replace an existing piece of equipment or add another vehicle or machine to your operation, financing can make it easier to invest in the equipment your business depends on.
Flexible Financing Options
Every business and equipment purchase is different. We work with businesses across a range of credit profiles to identify financing options based on their equipment needs and financial situation.
Financing Across Multiple Industries
From commercial trucks and construction equipment to landscaping, manufacturing, and specialty equipment, First Financial helps businesses finance a wide variety of used equipment.
How Used Equipment Financing Works
Our financing process is designed to be simple, transparent, and efficient. We work with you throughout the process to understand your equipment needs and help identify an appropriate financing solution.
- Apply Online: Complete a short application and provide basic information about your business and the used equipment you want to finance.
- Review Options: Our team reviews your application and available financing options based on your business, equipment, and financing needs.
- Approval & Documents: Once approved, you'll receive the financing terms and documentation needed to move forward.
- Get Equipment: Complete the purchase and put your equipment to work while making manageable payments over the agreed financing term.
What types of used equipment can I finance?
Financing may be available for many types of business equipment, including commercial trucks, construction equipment, landscaping equipment, manufacturing machinery, service trucks, specialty vehicles, and other equipment used to operate or grow your business.
Can I finance equipment from a dealer or private seller?
Financing options can vary depending on the equipment, seller, age, condition, and transaction. Contact our team with the details of the equipment you're considering, and we'll help determine what options may be available.
Can I finance older equipment?
Potentially. The age, condition, value, and type of equipment can all affect financing options. Our team can review the specific equipment you're looking to purchase and help determine available solutions.
Can I get used equipment financing with less-than-perfect credit?
We work with businesses across a range of credit profiles. Approval and available terms depend on the complete application, equipment, and other factors—not just your credit score.
Why finance used equipment instead of buying new?
Used equipment can provide the capabilities your business needs at a lower purchase price than comparable new equipment. Financing can further reduce the upfront cash required, helping you preserve working capital for other business needs.
Explore Equipment We Finance
Looking for financing for a specific type of equipment? Explore financing solutions tailored to the equipment and industries we serve. Whether you're purchasing used trucks, trailers, construction machinery, or specialized equipment, First Financial can help you find a financing solution that fits your business needs.
