Rates as Low As
Effective 12/1/2025*
7.17
%
Business Equipment-Term Loan
$10,000 - $249,999
Special Business Equipment Loan Rate
Need to replace equipment or ready to scale your business? A business equipment loan can help you get there. For a limited time, members can receive up to 0.50% off published rates on new business equipment loans.** Offer ends Dec. 31, 2025.
Business loans finance the things you need to keep your business growing - such as new equipment, machinery or other business needs. Our business loans offer competitive rates, low fees, and access to SBA programs to expand your financing options.
Term Loan Benefits
- No origination fee
- Loan-to-value up to 80%
- Terms up to 84 months
How to Apply for a Business Loan
- Complete the Business Loan Application
- Provide a purchase order or bill of sale (signed by you and the original owner or dealer, depending where you purchased)
- Include collateral information - this may be the equipment description and purchase price and/ or the payoff quote, account number and lienholder contact info if you're buying or refinancing equipment from another owner
Apply by connecting with a Business Specialist, or download and bring the completed application into your nearest Neighborhood Financial Center.
If you are not already a business member and are approved for a business loan, you will be required to establish a business membership. Click to learn more about BECU Business Membership.
Business Resources
Questions? We're here to help.
BECU Business Loans are subject to business membership, credit approval, and other underwriting criteria; not everybody will qualify. Certain restrictions, including geographic restrictions, apply. Business and Commercial Loan programs, terms and conditions subject to change without notice.
**Business Equipment Loans may qualify for 0.25% to 0.50% reduced rate. To qualify for 0.50% rate reduction, the six-month average balance in a BECU business deposit account must be equal to or greater than $10,000. 0.25% rate reduction if the six-month average balance in a BECU business deposit account is less than $10,000, accounts have been open less than six months, or for new BECU business members.