Equipment Financing in Green Bay, WI
Equipment financing in Green Bay lets businesses acquire machinery, vehicles, or technology by spreading the purchase across monthly payments, with the equipment itself securing the loan.
Equipment financing in Green Bay lets businesses acquire machinery, vehicles, or technology by spreading the purchase across monthly payments, with the equipment itself securing the loan.
Equipment financing
Business equipment financing pays for tangible assets your company will use to generate income: manufacturing machinery, commercial kitchen appliances, construction equipment, delivery trucks, dental chairs, printing presses, or IT server racks. The lender takes a security interest in the equipment, so if the loan defaults, they can repossess and resell the asset. That collateral makes underwriting faster and often opens the door for startups or businesses that wouldn't qualify for unsecured working capital. You'll also find specialty structures like sale-leaseback (refinancing equipment you already own) and Section 179 tax treatment that can accelerate depreciation in the year you buy.
Underwriters ask three questions: Does the equipment hold resale value? Can the business afford the payment? Is the vendor reputable? They pull a business credit report, review three months of bank statements to calculate average daily balance, and verify the equipment quote includes make, model, and serial numbers. For trucks or trailers, they check NADA guides; for specialized manufacturing gear, they may request an appraisal or compare recent auction prices. If your company has been operating less than two years, expect the underwriter to request a personal guarantee and possibly a down payment of 10-20 percent. Seasonal businesses near Lambeau Field or along the Fox River should show at least one full revenue cycle in bank statements so the underwriter can model cash flow during slower months.
Contractors in Ashwaubenon and De Pere finance excavators, skid-steers, and dump trucks when road-construction bids come through. Restaurants in Howard and Suamico upgrade walk-in coolers or combi-ovens between tourist seasons. Dental and medical practices in Allouez lease digital X-ray systems and sterilization equipment. Manufacturers along the Broadway corridor finance CNC mills, injection-molding machines, and forklifts. Landscapers in Ledgeview and Hobart buy zero-turn mowers and aerators before spring contracts begin. Tribal enterprises in Oneida finance everything from gaming-floor servers to commercial laundry equipment.
How it works
Call (920) 269-9402 to start a file at 700 Pilgrim Way, Green Bay, WI 54304. We'll ask for your equipment quote, three months of business bank statements, and a brief summary of what the machinery will produce or replace. We shop your file to equipment financing companies that specialize in your industry and asset class, then explain each offer's payment structure, prepayment terms, and end-of-term options (buyout, return, or upgrade). Because we're a broker, not a lender, we show you the actual underwriting checklist each funder uses so you know exactly what will move your file to approval. Once you choose an offer, the funder wires payment directly to your vendor, you take delivery, and monthly payments begin. Many Wisconsin equipment vendors already work with the same lenders we broker to, which can shorten documentation and speed up funding.
Lenders view equipment loans as "self-liquidating": if you stop paying, they repossess an asset they can sell to recover most of their principal. That security lets underwriters approve files with credit scores in the mid-600s, recent late payments, or thin business history, as long as the equipment quote is current and the vendor will confirm the order. Compare that to unsecured working capital loans, where the underwriter leans heavily on time-in-business and revenue trends because there's no collateral to seize.
Equipment financing costs depend on credit profile, down payment, and asset type. You'll see structures ranging from closed-end installment loans (fixed payment, fixed term) to $1-buyout leases (you own the asset at maturity) to fair-market-value leases (return or purchase at residual). Origination fees, documentation fees, and first-payment timing vary by lender. We walk you through the payment schedule and total-of-payments figure before you sign, so there's no confusion about what the equipment actually costs over its financed life. If you want to compare equipment financing to an SBA 7(a) loan or a business line of credit, we'll model all three side-by-side at our Green Bay office.
Expect to provide a signed equipment quote or invoice with delivery date, three months of business bank statements, a completed credit application with personal-guarantee language, and proof of insurance naming the lender as loss-payee once funded. If the equipment is used or you're buying from a private seller, the underwriter will order a UCC search to confirm no existing liens. For vehicles, they'll need the title or manufacturer's certificate of origin.
Serving the Green Bay area
We know which lenders fund which kinds of Green Bay businesses, and we position your file where it fits.
One local broker, many lenders, and no cost to apply.
Common questions
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Why Green Bay owners trust Myrtle Business Capital