Eastern Iowa Business Lending
Equipment Financing Built Around Your Iowa Business
Upgrade your business equipment with straightforward financing1 from FSB. Whether you're purchasing vehicles, machinery, or specialized tools, our local team makes it easy to move your business forward.
Start Your ApplicationWhere Does Your Business Start?
Most conversations begin in one of two places. Pick the one that matches your business right now.
New Financing
Buying New Or Used Equipment
Spread the cost of equipment over fixed terms instead of paying for it all at once.
- Vehicles and heavy equipment
- Machinery and production equipment
- Specialized tools and technology
Or
Refinancing
Refinancing An Existing Loan
Yes, you can refinance an equipment loan with FSB if your current terms no longer fit.
- Lower a payment that has grown too high
- Combine several loans into one
- Move financing to a local lender
Preserve Cash Flow
Spread out costs and keep funds available for daily operations.
No Loan Limits
Get the financing you need with no set limit on loan amounts.
Flexible Terms
Customizable repayment options to fit your business.
In-House Approvals
Get fast decisions from a team that knows your business.
Getting my education taught me how to be a great dentist, but it didn't teach me how to run a business. FSB is always there to guide me and help me come out on top.
Deb J., Cedar Rapids Business Owner
Equipment Loan FAQs
Get answers to common questions about financing and refinancing business equipment with FSB.
What Can An Equipment Loan Be Used For?
+An FSB equipment loan can finance new or used vehicles, machinery, or specialized tools your business needs to operate. Talk with a lender about your specific equipment to confirm eligibility.
Can I Refinance An Existing Equipment Loan?
+Yes. If you have an equipment loan with another lender, FSB can review your current terms and let you know whether refinancing could lower your payment, free up cash flow, or combine multiple loans into one.
Do You Finance Used Equipment?
+FSB finances both new and used equipment. The age and condition of the equipment may affect available terms, so talk with a lender about the specific equipment you are financing.
How Much Can I Borrow For An Equipment Loan?
+FSB sets no maximum loan amount on equipment financing. Your lender will work with you to structure a loan that fits the equipment and your business.
What Documents Do I Need To Apply For An Equipment Loan?
+Have a summary of your financing request, 3 years of business taxes and projections, and personal finances and tax returns for key stakeholders ready before you apply.
Protect Your Business Finances
Protect your business from check fraud and unauthorized transactions with FSB's Positive Pay service.
