Construction Equipment
Excavators, skid steers, loaders, trailers, and other heavy equipment used on the jobsite.
Equipment Financing For Iowa Businesses
FSB offers business equipment loans in Iowa for new and used equipment, whether you are buying a work vehicle, replacing machinery, or updating equipment in your practice.*
What is a business equipment loan? An equipment loan is business financing used to purchase or refinance vehicles, machinery, tools, or specialized equipment a company relies on to operate.
Tell a local lender what you need to purchase or refinance. We’ll help you review available financing options and the next steps for your business.
Discuss Your Plans
Buying Equipment Or Refinancing A Loan?
Business equipment financing can start with a new purchase or with an existing loan you want FSB to review.
01 / Purchase
Buy New Or Used Equipment
Share a quote or estimated purchase price and discuss how much you want to finance. Your lender can explain available terms and down payment options.
Talk About A Purchase02 / Refinance
Review An Existing Equipment Loan
Compare a proposed FSB loan with your current payment, fees, and total repayment cost. Refinancing from other lenders is allowed; existing FSB loans are excluded from this promotion.
Talk About RefinancingWhat Equipment Can You Finance?
Equipment financing can cover many of the vehicles, machines, tools, and specialized systems businesses rely on. FSB will confirm whether the specific equipment you have in mind is eligible.
Company Vehicles And Fleets
Commercial trucks, work vehicles, trailers, and additions to your company fleet.
Farm Equipment
Tractors, combines, planters, sprayers, and grain equipment.
Medical & Dental Equipment
Dental chairs, imaging systems, lasers, treatment devices, and specialized equipment for your practice.
Manufacturing Equipment
Production machinery and specialized equipment used in your manufacturing operation.
Other Business Equipment
Have a different purchase in mind? Tell a lender what the equipment is and how your business will use it so they can review eligibility.
Equipment Loan Details
FSB’s promotional equipment financing terms give you room to plan a purchase or refinance. Your lender will confirm the APR, payment schedule, down payment, and terms available for your request.*
What Happens After You Reach Out?
Start with a conversation about your equipment, how much you need, and your timeline. You can gather application documents after your lender explains what is needed.
- Share Your Plans Tell us what you want to purchase or refinance.
- Review Your Options Discuss rates, down payment options, and the payment schedule.
- Prepare Your Application Your lender will explain the information needed to move forward.
“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.”
Business Equipment Loan FAQs
What Is A Business Equipment Loan?
A business equipment loan is financing used to purchase or refinance vehicles, machinery, tools, technology, or other equipment a business needs to operate. Loan terms depend on the equipment, amount financed, and the borrower’s qualifications.
What Types Of Business Equipment Can I Finance?
Equipment financing may be available for construction equipment, commercial vehicles, farm machinery, medical and dental equipment, manufacturing machinery, and other specialized business equipment. Talk with an FSB lender about the specific equipment you want to finance.
Can I Finance Used Equipment?
Yes. FSB’s equipment loan special includes new and used equipment. Share the equipment details and purchase price with a lender to discuss eligibility and available terms.
What Equipment Loan Rate Is Available?
From October 15, 2026, through January 15, 2027, equipment loan rates are as low as 6.49% APR. Rates are subject to change during the promotional period. Your lender will confirm the APR, payment schedule, and terms available for your request.
Can I Refinance An Equipment Loan?
FSB can review an equipment loan from another lender for refinancing through this promotion. Existing FSB loans are not eligible. Compare the proposed APR, fees, payment schedule, and total repayment cost with your current loan.
What Is The Minimum Equipment Loan Amount?
The minimum loan amount for this equipment loan special is $10,000. Talk with a lender about the amount you need and the equipment you plan to finance.
How Long Can I Spread Out Equipment Loan Payments?
Amortizations of up to 100 months are available for qualifying equipment. Ask your lender to confirm the loan maturity date and whether any balance would be due at maturity.
When Is The First Equipment Loan Payment Due?
The promotion offers no payments for up to 60 days. A lender can confirm your first payment date and explain how interest is handled during that period.
Do I Need An FSB Account?
Yes. Automatic payments from an FSB account are required for this promotion. If you need a business account, you can also compare FSB business checking accounts .
What Do I Need To Start An Equipment Financing Inquiry?
Tell us what equipment you want to buy or which loan you want to refinance, the estimated amount, and your timing. Your lender will explain which documents are needed for an application.
Talk With A Local Business Lender
Tell us what you want to purchase or refinance. An FSB lender will follow up to discuss your equipment financing request and next steps.
FSB works with business owners across Eastern Iowa, including Cedar Rapids, Marion, Iowa City, and surrounding communities.
Looking for another type of financing? Explore FSB Business Lending .
Equipment Financing Inquiry
Prefer to call? Contact 319-377-4891 and ask about the equipment loan special.
Equipment Loan Disclosures
*Subject to credit approval. Must be 18 years or older to apply. Equipment loan special available October 15, 2026, through January 15, 2027. Rates as low as 6.49% APR. Rates are subject to change during the promotional period. Minimum loan amount is $10,000. Flexible terms and down payment options. No payments for up to 60 days. Amortizations of up to 100 months are available for qualifying equipment. Automatic payments from an FSB account are required. Refinancing from other lenders is allowed. Existing FSB loans are not eligible for refinancing through this promotion. Contact an FSB lender for the APR, payment schedule, and terms available for your request. APR = Annual Percentage Rate.
Protect Your Business Finances
Protect your business from check fraud and unauthorized transactions with FSB's Positive Pay service.
