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Business equipment financing cost estimator

See the monthly payment and financing cost for a loan or lease, in dollars.

Lender channel

Channel sets the price more than credit score does, and because the asset is collateral the whole market usually prices below unsecured loans and lines. A captive or bank deal and an online deal are different markets, so the ranges never blend across channels.

Financing structure

A loan or EFA gives ownership from day one against a UCC-1 filing. A lease sets a money factor and an end-of-term choice. Both reconcile to one APR-equivalent here so you can compare them.

Equipment cost$80,000
APR-equivalent7.5%
Estimated monthly payment$1,934 / mo
Estimated total of payments$92,847
Cost of financing$12,847
End of termOwn it
How this is estimatedApproximate

Estimate only. A partner's written offer controls.

Estimate details and sources

Actual amounts, structures, and pricing are set by independent funding partners and depend on your credit, the asset, time in business, and lender channel. Your offer will differ. The ranges shown are industry market data from published sources as of Jul 2026, not OpenQuote pricing. Partner fees, if any, are itemized on the offer itself: ask for all of them in writing.

  1. KBRA-rated equipment-ABS pools (Post Road 2025-1 and 2026-1, Wingspire 2025-1, SCF 2025-1): realized weighted-average contract yields of about 9.0% to 10.5% on prime contracts (FICO 716 to 761), anchoring the independent-channel center.
  2. ELFA 2025 Survey of Equipment Finance Activity (full-year 2024): industry portfolio pre-tax yield 7.40% over a 4.81% cost of funds, a thin 2.59% spread, with losses under 1%. Anchors the captive, bank, and SBA channel center.
  3. United Community Banks Form 8-K (Navitas, a bank-owned small-ticket platform), 1Q25: portfolio yield 9.70% on a 761 weighted-average FICO book.
  4. John Deere Owner Trust captive equipment ABS (JDOT 2026): blended captive portfolio APR about 4.0%, up from a near-zero 2022 vintage; 0% promotional offers are labeled floors, not the channel center.
  5. SBA 504 fixed equipment money about 6.2% (July 2026) and the 7(a) program cap near 9.75% to 14.75% at a 6.75% base; sets the low and the top of the prime channel.
  6. Small-ticket securitized contract averages (Amur about $79,549, AFG about $81,092 on FICO-747 contracts): the sold-price ticket anchor, distinct from the higher aggregator population figure.
  7. Online and fintech figures rest on aggregator and lender-page ranges only (National Funding, Clicklease, Crestmont); the securitized record is entirely prime and tops about 10.5%, so this channel is directional.

Educational market data with full citations on file in substantiation/equipment-pricing-2026-07.md. Not OpenQuote partner pricing, and not a quote.

Equipment is collateral, so it usually prices below unsecured loans and lines, and a loan and a lease reconcile to one APR-equivalent. See the full explainer

Equipment financing ties the cost to a specific asset. Switch between a loan and lease to compare the monthly payment and total financing cost. Nothing you enter here is collected.

How to read this estimate

A loan or EFA uses annualized pricing. A lease uses a money factor and may include an end-of-term residual, so the calculator converts both to an annualized equivalent for comparison.

Taxes, maintenance, and every possible residual or fee are not modeled. Directional channel ranges are general market data, not an OpenQuote quote.

This educational estimate cannot predict approval or partner pricing. Confirm every final number and fee in the partner's written agreement.

Learn how equipment financing works