Equipment financing
Equipment financing pays for machinery, vehicles, technology, and tools your business needs to operate. The lender holds a lien on the equipment until you pay off the balance. You use the asset while you pay, and once the term ends, you own it outright. This structure works for construction gear, medical devices, restaurant equipment, delivery trucks, and manufacturing machines. Lexington sits along the I-20 corridor where logistics, manufacturing, and service businesses cluster, so forklifts, box trucks, and specialized machinery are common requests.
Our Lexington area hub explains how we serve businesses across town, from Sunset Boulevard out to the Chapin border.
Equipment financing
Lexington companies often need equipment but want to avoid draining cash reserves. A landscaping outfit near Lexington Medical Center might need a new skid steer. Paying cash ties up tens of thousands. Financing spreads that cost across monthly payments while the machine earns revenue on job sites. The equipment itself is the collateral, which can make approval faster than unsecured loans.
Because Silverstone Lenders is a broker, we shop your request to multiple lenders. We do not set rates or approve loans ourselves. We find options, explain costs, and help you compare.
Learn more about equipment financing across the Columbia metro or visit our Columbia hub for a full list of programs.
How it works
You tell us what equipment you need and share basic business financials. We present your request to lenders in our network. They review creditworthiness, time in business, and the equipment's value. If approved, you receive a term sheet showing payment schedule and total cost. You review, sign, and the lender funds the purchase. The vendor ships or delivers, and you start using the equipment right away.
No two deals are identical. A contractor replacing a dump truck will see different terms than a clinic buying an X-ray machine. We walk you through each step so you understand what you are signing.
Call (803) 220-1486 to discuss your equipment needs, or visit our office at 3790 Fernandina Rd, Columbia, SC 29210 near the Forest Acres line.
Common questions
Talk to a local advisor and get matched to the right program, no obligation.