The equipment you need. Financing that works.

Santander Business Equipment Financing*

Make sure you always have the equipment you need to keep your business moving forward. Choose Santander Business Equipment Finance and enjoy quick credit decisions, and the support of a local banking partner.
Business Equipment Financing Fees

Is Santander Business Equipment Finance Right For Your Business?

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Established
You’ve been in business for two years or more.
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Comprehensive
You need 100% financing for your equipment.
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Timely
You’re looking for a quick turnaround on your application.

Compare Santander Business Equipment Finance to our other lending options

Whatever your lending needs, we’ve got a lending solution that makes sense for your business. Explore your options using this comparison chart.
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Business Line of Credit
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Business Term Loan
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Business Owner-Occupied Commercial Real Estate Mortgages
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Business Equipment Finance
Great Choice For
 
Short-term working capital financing needs
Financing needs requiring longer term to pay
Purchase, renovate, or refinance owner occupied commercial real estate
Financing equipment and vehicles
Potential Uses
  • Finance accounts receivable
  • Purchase inventory
  • Support seasonal cash flow fluctuations
  • Acquire fixed assets
  • Refinance non-Santander debt with fixed monthly payments
  • Acquire commercial real estate
  • Improve or expand existing building
  • Refinance non-Santander existing real estate debt
  • Acquire vehicles or equipment, some of the qualifying vehicles and equipment include medical, construction and agricultural
Available Amounts and Details
Revolving lines for amounts starting at $10,000
Minimum amount to borrow $10,000
Minimum amount to borrow $25,000
Minimum amount to borrow $50,000
Lenght of Loan
Revolving with renewals occurring once a year for lines of credit no greater than $350,000.
From 3 years to 7 years
Up to 25 years
From 3 years to 10 years
Additional Benifits
  • Unsecured lines up to $100,000
  • Fixed interest rates 
  • Finance up to 80% of the lesser of the purchase price or appraised value
  • Available 100% financing of costs including taxes, freight, installation, software, warranties and training
  • Low fixed or floating rates available

Benefits of Santander Business Equipment Finance

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Affordable
Benefit from low fixed rates and put as little as 0% down.
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Comfortable
Get up to 100% financing for all of your equipment, including soft costs.
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Easy
Take advantage of fast credit decisions.

Additional Accounts

Discover additional services that may benefit your business.
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Term Loan

Borrow just what you need, and take advantage of predictable monthly payments.

Learn More

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SBA Guarantee

Financing programs from the Small Business Administration can get you the loan you need.

Learn More

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Checking Accounts

Choose one of our many checking solutions, designed to fit your business.

Learn More

* The products and information provided on this page are only for small businesses with annual revenues up to $3,000,000, subject to acceptance rules, credit limits, policies, and guidelines of Santander, N.A. For other Business Banking customers with a dedicated relationship manager, please contact your relationship manager directly.

±Owner-occupied real estate is defined as property where the owner-operating company occupies more than 50% of the gross rentable space, and generates more than 50% of the cash flow necessary to service debt; otherwise, property is considered Investment Real-estate. 

100% financing of equipment and vehicle cost is only available for businesses that have been in legal and/or operating existence for two or more years prior to the date of receipt of completed application by Santander Bank. 80% financing of equipment cost is available to businesses that have been in legal and/or operational existence less than 2 years as of the date of receipt of completed application by Santander Bank.

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