Rates as Low As
Effective 1/1/2026*
7.07
%
Business Equipment-Term Loan
$10,000 - $249,999
Business equipment 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.