Business Equipment Loan
Equipment That Gets the
Job Done
From shop tools to heavy machinery, finance the gear that powers your workday with low rates and local support.
Featured Offer
7%APR
Finance Business Equipment at 7% APR
Now through December 31, 2026, buy or replace equipment with no hidden fees and no penalty for paying your loan off early.
Why Finance Business Equipment With CCCU
Competitive Rates
Keep financing costs low so more profit stays right in your business.
Terms Matched to Your Tools
Pay off your equipment over its working life, keeping monthly overhead predictable.
No Prepayment Penalty
Pay ahead whenever a busy season comes along, with zero fees for getting ahead.
What to Know Before You Borrow
Our free guide breaks down how equipment financing works, so you can walk into the conversation feeling completely prepared.
Equipment Loan FAQs
What kind of equipment can I finance?
You can finance equipment your business needs to operate, such as lawn mowers, utility vehicles, and manufacturing machinery. If you’re not sure whether something qualifies, our business team can let you know.
How long are equipment loan terms?
Terms are based on the expected life of the equipment. Our business team will walk you through the options for your specific purchase.
Can I pay off my equipment loan early?
Yes. There are no prepayment penalties or hidden fees.
Does my business need to be a CCCU member?
Yes. Business membership starts with a business savings account and a $5 minimum balance, and it’s available to businesses in Anoka, Carver, Chisago, Dakota, Hennepin, McLeod, Meeker, Ramsey, Scott, Sherburne, Sibley, Washington, and Wright counties in Minnesota, plus Pierce and St. Croix counties in Wisconsin.
How do I apply?
Apply anytime through our Business Lending Hub, or contact our business team to talk through your equipment purchase first.
Ready to Get to Work?
Apply online in minutes, or connect with our business lending team to map out financing for your next purchase.