Question 1

Does this eligibility check affect my credit score?

Accepted Answer

No. This is a soft pre-qualification tool that does not pull your credit. There is zero impact to your credit score. A hard inquiry only happens if you choose to move forward with a formal application through a specific lender.

Question 2

How accurate is this pre-qualification?

Accepted Answer

This tool provides a reliable estimate based on the key factors lenders evaluate: credit score, time in business, revenue, equipment type, and down payment. Your actual terms may be better or worse depending on your full financial picture. For an exact quote, submit your information and our team will match you with lenders from our 500+ lender network within 30 minutes.

Question 3

What credit score do I need for equipment financing?

Accepted Answer

Equipment financing is available for credit scores as low as 500. Borrowers with scores above 700 typically qualify for the most competitive rates (5-10% APR). Scores between 600-699 have solid options at moderate rates. Even below 600, specialized lenders offer programs including lease-to-own and vendor financing. Brobas Capital Partners works with 500+ lenders to find options at every credit level.

Question 4

Can I get equipment financing for a startup?

Accepted Answer

Yes, but your options depend on your personal credit and down payment. Startups with strong personal credit (700+) and 15-20% down payment can qualify for competitive financing. Pre-revenue startups may need a co-signer, larger down payment, or may benefit from lease-to-own programs. Our team specializes in finding solutions for new businesses entering the trucking and equipment space.

Question 5

What types of equipment can I finance?

Accepted Answer

Brobas Capital Partners finances virtually all commercial equipment: semi trucks, trailers (flatbed, reefer, dry van), construction equipment (excavators, loaders, dozers), box trucks and delivery vans, medical and specialty equipment, manufacturing machinery, restaurant equipment, and more. Financing amounts range from $10,000 to $300,000+ with terms from 24 to 84 months.

Question 6

How long does the approval process take?

Accepted Answer

After completing this pre-qualification, our team will reach out within 30 minutes with personalized options. Most formal applications receive a decision within 2-4 hours. Simple deals with strong credit can be approved in as little as 30 minutes. From approval to funding typically takes 1-3 business days.

Equipment Financing Eligibility Checker

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