Business Equipment Loans

Finance the tools, vehicles, and equipment your business needs to get the job done.
Equipment of all kinds
Flexible terms
Streamlined financing
Explore Business Loans & Lines of Credit

Invest in the equipment that keeps you moving.

The right equipment can help your business increase capacity, improve efficiency, serve more customers, or take on new opportunities.

Michigan First Business Equipment Loans provide financing for eligible equipment purchases and refinancing, with flexible repayment terms designed to help you manage monthly costs. 

What can you finance?

Equipment financing may be available for:

  • Business vehicles and fleets
  • General machinery and equipment
  • Construction equipment
  • Farm equipment
  • Trailers
  • Cranes
  • Forklifts
  • Other specialized business equipment

Purchase or refinance

Business equipment financing does not have to be limited to a new purchase. Refinancing eligible existing equipment may also help your business restructure payments or better align financing with current needs.

Ready to put new equipment to work?

Tell us what your business needs, and our lending team can help you explore available financing options.

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Frequently asked questions

Yes. Michigan First offers business term loans, lines of credit, commercial real estate financing, equipment financing and other borrowing options for eligible businesses. The appropriate option depends on the purpose of the financing, the amount needed and the business’s financial qualifications.

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