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Equipment Financing in Dayton, OH

67% of manufacturing and logistics businesses in the Miami Valley replace or add equipment every 18-36 months, yet most delay purchases waiting for "enough cash." Equipment financing in Dayton lets you acquire machinery, vehicles, technology, and tools now while preserving working capital, with repayment structures that flex to match the asset's productive life. Equipment financing for business provides capital to purchase or lease tangible assets your operation needs to grow, maintain competitiveness, or replace aging machinery.

Equipment financing

What Equipment Financing Is and How It Works

Business equipment financing is a secured loan or lease where the asset itself serves as collateral, reducing lender risk and often opening approval paths for companies that wouldn't qualify for unsecured credit. You select the equipment, we broker the financing, the lender funds the purchase, and you repay over a term that typically mirrors the equipment's depreciation schedule, 36 to 84 months for most machinery, sometimes 10+ years for heavy industrial assets. Because the equipment secures the loan, lenders may finance 80-100% of the purchase price, and approval focuses more on the asset's resale value and your revenue consistency than on pristine credit scores.

### Equipment Loan vs. Equipment Lease: Two Paths

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An equipment loan transfers ownership to you at closing; you depreciate the asset, claim Section 179 deductions, and own it outright once paid off. An equipment lease (capital or operating) keeps the lender as titleholder; you use the asset, make lower monthly payments, and may return, purchase, or upgrade at lease-end. Dayton manufacturers expanding into aerospace contracts often prefer loans for ownership and tax benefits, while healthcare practices in Kettering and Centerville lean toward leases to refresh diagnostic technology every three years without obsolescence risk.

Equipment financing

Who Qualifies for Equipment Financing in Dayton

Lenders evaluate time in business (typically 12+ months), annual revenue (often $250,000 minimum for larger equipment), personal credit (mid-600s and up), and the equipment's collateral value. Startups may qualify if the equipment generates immediate revenue, think food trucks in downtown Dayton or HVAC vans serving Beavercreek subdivisions. We broker deals for sole proprietors through mid-market companies, matching your profile to lenders who underwrite the specific asset class you're financing.

### Typical Uses Across the Miami Valley

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- Manufacturing & fabrication: CNC mills, laser cutters, stamping presses, welding robots (Moraine and West Carrollton shops) - Construction & trades: excavators, dump trucks, scaffolding, concrete pumps (serving Wright-Patterson AFB projects in Fairborn) - Transportation & logistics: box trucks, refrigerated trailers, forklifts (I-75 and I-70 corridor fleets) - Healthcare & dental: MRI machines, digital X-ray, sterilization equipment (Kettering and Centerville practices) - Restaurants & hospitality: ovens, walk-in coolers, POS systems (Oregon District and Vandalia corridors) - Technology & office: servers, copiers, telecom systems (Beavercreek tech startups)

How it works

How to Apply Through Burnside Lending Group

Call (937) 389-9513 to discuss the equipment, its cost, your business financials, and your preferred ownership structure. We'll request recent bank statements, tax returns, and a vendor quote or invoice. Within one business day, we present multiple lender options with varying down-payment requirements, term lengths, and end-of-lease choices. You select the structure that balances payment size against total cost and ownership goals. Once approved, the lender pays the vendor directly, and you take delivery. Our Beavercreek office at 2650-2680B Indian Ripple Rd, Beavercreek, OH 45440, Dayton, OH serves the entire metro, so whether your shop is in Xenia or your warehouse is off Stanley Avenue in Dayton, you work with a local broker who understands Miami Valley business cycles.

### Local Scenario: Fabrication Shop Adds Capacity

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A metal-fabrication business near Needmore Road in Dayton landed a three-year contract supplying brackets to an automotive tier-one supplier. The contract required a fiber-laser cutting table ($180,000) the shop couldn't buy outright without draining reserves needed for raw-material inventory. We brokered a 60-month equipment loan at 85% loan-to-value; the owner contributed $27,000 down, financed $153,000, and structured payments to align with the contract's monthly purchase orders. The laser paid for itself within 18 months, and the shop retained enough working capital to accept two additional contracts. For details on short-term cash-flow support, explore our working capital loans in Dayton, OH or visit our Dayton commercial lending hub to compare all programs.

Equipment financing

Flexibility of Terms: Match Payments to Equipment Life

Equipment financing shines when repayment mirrors the asset's productive window. A delivery van with a seven-year service life fits a 60-month loan; a $15,000 commercial oven might close on a 36-month lease with a $1 buyout. We broker structures that let you upgrade technology on schedule, avoid obsolescence, and preserve credit lines for emergency needs. If your equipment also requires installation or software, ask about bundling those costs into the financed amount. Compare equipment financing to other capital sources on our business lines of credit in Dayton, OH page, or review real-estate-secured options at commercial real estate loans Dayton, OH.

Need faster invoice liquidity to cover equipment down payments? See our invoice factoring in Dayton, OH page. For a full list of communities we serve, from Fairborn to Vandalia, visit our Service Areas page.

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Related programs

Other ways we can help

SBA Loans

Local guidance and lender matching for Dayton businesses.

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SBA 7(a) Loan

Local guidance and lender matching for Dayton businesses.

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Business Line Of Credit

Local guidance and lender matching for Dayton businesses.

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Serving the Dayton area

Local guidance across Dayton, OH

Burnside Lending Group in Dayton, OH

We know which lenders fund which kinds of Dayton businesses, and we position your file where it fits.

One local broker, many lenders, and no cost to apply.

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Common questions

Common questions about business loans in Dayton

What credit score do I need for equipment financing?+
Most equipment lenders approve applicants with personal credit scores in the mid-600s or higher, especially when the equipment holds strong resale value. Startups or lower-score borrowers may secure financing with larger down payments or by choosing high-demand asset classes like commercial vehicles or universal machinery.
Can I finance used equipment or only new?+
Both new and used equipment qualify, though lenders cap the age and require appraisals on used assets. Expect slightly higher rates and shorter terms for older equipment, and verify that the vendor or private seller can provide clear title and maintenance records before you apply.
How quickly can equipment financing close?+
Simple transactions, trucks, office technology, standard machinery, often close within three to five business days once you submit financials and a vendor quote. Complex or custom-built equipment may require engineering reviews or longer underwriting, stretching timelines to two weeks. Call us early in your purchasing process for the smoothest experience.
Do I need a down payment for an equipment loan?+
Down-payment requirements range from zero to 20%, depending on the lender, your credit profile, and the equipment's collateral strength. High-value, liquid assets like commercial trucks or forklifts frequently qualify for 100% financing, while specialized or niche machinery may require 10-20% down to offset resale risk.
What happens if my business outgrows the equipment mid-term?+
With a loan, you own the asset and can sell it (using proceeds to pay off the balance) or trade it toward an upgrade. With a lease, many lenders offer mid-term buyouts or upgrade clauses that let you return the current equipment and roll into a new lease, keeping your operation current without stranding capital in obsolete assets.
Can equipment financing cover installation, shipping, or software?+
Yes. Lenders often roll soft costs, delivery, installation, training, ancillary software, into the financed amount, provided the total stays within loan-to-value guidelines. Bundle these expenses upfront so your single monthly payment covers the complete operational package, not just the hardware.
How does equipment financing compare to an SBA 7(a) loan?+
SBA 7(a) loans offer longer terms and lower rates but require more documentation, longer approval windows, and often personal-residence collateral for larger amounts. Equipment financing closes faster, uses only the equipment as collateral, and works well for single-asset purchases. For broader growth capital or real-estate components, explore our SBA loans in Dayton, OH page to compare both paths side by side., Burnside Lending Group 2650-2680B Indian Ripple Rd, Beavercreek, OH 45440, Dayton, OH (937) 389-9513 *Licensed commercial-loan broker serving Dayton, Beavercreek, Fairborn, Huber Heights, Kettering, Moraine, Centerville, Vandalia, West Carrollton, and Xenia. We do not lend directly; we connect you with lenders who compete for your business.*

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