About EquipRates
EquipRates is an independent equipment financing comparison site. We review lenders, explain how equipment loans work, and help small business owners compare their options before they apply.
Why we built this
Most equipment financing content online is written by the lenders themselves, which makes honest comparison nearly impossible. We started EquipRates in 2025 to give small business owners a straightforward place to research equipment loans without the sales pitch. We pull together the numbers, list the tradeoffs, and try to be useful whether or not you click an affiliate link.
What we cover
- Lender reviews: In-depth breakdowns of the main equipment financing companies, including their actual credit requirements, rate ranges, and approval timelines.
- Equipment financing guides: Plain English explainers on how equipment loans, leases, and sale-leasebacks actually work.
- Industry-specific pages: Notes on financing for medical, construction, agriculture, transportation, and food service equipment.
- State and city guides: Local context for businesses looking at financing in their region, including state programs and local lenders.
- Free tools: A loan calculator, eligibility checker, and side-by-side lender comparator.
The editors
EquipRates content is written and reviewed by a small editorial team. Both editors have backgrounds in commercial lending and have written for finance and small business publications.
Marcus Whitfield
Senior Editor
Marcus spent eight years in commercial banking before moving to financial writing, with most of that time on the equipment finance and SBA side. He covers lender reviews, rate analysis, and approval-process content.
Rachel Bennett
Editor
Rachel writes the industry-specific content, focusing on how equipment financing works for medical practices, contractors, trucking businesses, and farms. She previously worked in small business lending operations.
Editorial standards
A few rules we try to stick to:
- Independence. Reviews are based on the lender's actual published terms, our experience with their process, and what their customers report. Whether they pay us a referral fee does not change what we write about them.
- Transparency. We disclose our affiliate relationships and which lenders pay us referral fees. See our methodology for how we evaluate lenders.
- Updates. We try to update lender pages when rates, credit requirements, or terms change. The "last updated" date at the top of each review reflects the most recent revision.
- Mistakes. If we get something wrong, we fix it. Email support@equiprates.com if you spot something.
How we make money
EquipRates runs on affiliate partnerships. When a reader applies through one of our partner lender links and ends up funded, the lender pays us a referral fee. That is how we cover the cost of running the site. We do not get paid for clicks or applications that do not convert, and we do not change our rankings based on who pays the most. The tools, calculators, and educational content are free either way.