Equipment financing
Used Equipment Financing through APPROVE
Federal Equipment Company works with APPROVE, a business equipment financing platform, so you can finance the used process and packaging equipment you buy from us. Apply with the Finance button on any product page, or ask us for an APPROVE application, and lenders in its network review it and may send you offers.
Why finance
Why Finance Used Equipment
Used equipment usually costs less than new, and it can often ship sooner than a new machine on a long lead time. Financing lets you spread that cost over time, so you can add a line, replace a machine that failed, or take on a new contract while preserving cash for other business needs.
APPROVE connects your application to a network of lenders who offer business equipment financing. You review any offers you receive and choose the one that fits, or decline them all. Federal Equipment Company does not lend money; the lender you choose provides the financing.
How it works
How Equipment Financing Works
Four steps, from finding the equipment to shipping it.
- 01
Find the Equipment
Browse our inventory by category or by manufacturer, or tell us what you need. Equipment is quoted individually rather than priced online, so request a quote on what you want.
- 02
Apply for Financing
APPROVE financing is currently available only to companies based in the United States that will keep the equipment in the United States. Click the Finance button on the product page to open the APPROVE application, or tell your sales representative, or use the form on this page, and we send you one for the quoted equipment.
- 03
Review Offers
Complete the application, and lenders in the APPROVE network review it and may send you financing offers. If you receive more than one, compare the terms and choose the offer that suits your business.
- 04
Close and Ship
Confirm the equipment meets your needs, and review the lender's cancellation, payment, and acceptance terms before you sign. You finalize the financing directly with the lender. Once the purchase is funded, we release the equipment, and our team can help with skidding, crating, and freight.
What you can finance
Equipment You Can Finance
Financing is for business purchases of equipment from our inventory, from a single tablet press or mixer to a group of machines on one quote. Each lender decides what it will finance and on what terms, based on the equipment and your business.
Browse our pharmaceutical, chemical, plastics, packaging, and food and beverage equipment to get started.
Does Federal Equipment Company offer equipment financing?
We work with APPROVE, a business equipment financing platform. You apply with the Finance button on any product page, or we send you an APPROVE application, and third-party lenders in its network may send you financing offers. Federal Equipment Company does not lend money itself.
How do I apply for financing?
Click the Finance button on the product page to open the APPROVE application. You can also tell your sales representative, or use the form on this page, that you would like to finance the equipment, and we send you an APPROVE application for the quoted equipment.
Can buyers outside the United States finance through APPROVE?
Not at this time. APPROVE financing is currently available only to companies based in the United States that will keep the equipment in the United States.
Who provides the financing?
Third-party lenders in the APPROVE network, which offer business equipment financing. You review any offers you receive, choose one or none, and finalize the financing directly with the lender you choose.
Is my approval guaranteed?
No. Each lender makes its own decision based on the equipment and your business, and we cannot guarantee that any buyer or transaction will qualify. Final approval and funding are subject to the lender's requirements and financing documents.
Can I finance several machines at once?
Yes. You can apply to finance a business purchase of one machine or several machines from our inventory on a single quote. Each lender decides what it will finance and on what terms.
Do you offer consumer financing?
No. Financing through APPROVE is for business equipment purchases. Federal Equipment Company does not offer consumer financing.
Get started
Ask About Equipment Financing
Tell us which equipment you are interested in. We will confirm the quote and send you an APPROVE application, or you can apply with the Finance button on the product page.
- Lenders in the APPROVE network review your application
- Compare terms before you choose
- For business equipment purchases
- For U.S.-based companies keeping the equipment in the United States
Prefer to talk? Call 800-652-2466 (international +1 216-271-3500) or email sales@fedequip.com.
Federal Equipment Company does not offer consumer financing and does not provide equipment financing itself. All financing is offered directly by third-party finance companies, and we cannot guarantee that any buyer or transaction will qualify. By sending us your information, you agree that we may share your contact information with those companies for this purpose, under our Privacy Policy. Review each lender's terms and conditions before accepting an offer. Pre-qualified offers are not binding. Federal Equipment Company is not responsible for any lender's credit decision and cannot help resolve credit issues.
Tell us what you want to finance
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