Business Equipment Loans in Grand Forks, ND
Equip your rocket with tools, vehicles, inventory, even
excavators. Anything you need to stay in orbit
You Have The Skills, Now Get The Tools
Our equipment loans in Grand Forks, ND, are designed to meet the unique needs of businesses like yours. From delivery vans to drilling machines, we’ll help you turn your vision into reality.
Huge Loan Amounts
Get the equipment financing you need, from small upgrades to large investments, tailored to your needs.
Flexible Repayment Terms
Select repayment plans that fit your business's budget, with terms designed for long-term success.
Fast Application Process
Apply quickly and easily, with minimal paperwork and fast approval to meet your business needs.
Not Just Grand Forks Equipment Loans
Our loan offerings go beyond traditional options. From lines of credit to secured loans, we provide the financial resources your business needs to grow, no matter your industry or stage of development.
From idea to orbit, we've got you covered.
No matter where you're at in your journey, we have options to help you get to the next level.
Idea-Stage
Got a brilliant idea and ready to launch? We’ll help you get registered with your state and secure the funding you need to take off.
Early-Stage
Lifting off can be tough, but it doesn’t have to be. We’re here to give your new venture the boost it needs to soar.
Well-Established
Keep operations running seamlessly with the right funding for vendors, inventory, payroll—whatever your business needs to stay on course.
+ 3-Months of Free Digital Marketing
For a limited time, our expert in-house marketing team is offering 3 months of premium marketing services—valued at $20,000—to help drive leads and sales for your start-up, whether you're in Grand Forks or nationwide.
Here's a truck load of stuff to get kicked off
Find Business Equipment Loans
Near Grand Forks, ND
In addition to Grand Forks we offer equipment loans to businesses in nearby cities. Whether you’re just starting out or expanding, we have financing options to help you succeed. From East Grand Forks to Bemidji and beyond, we've got you covered.
Equipment Loan FAQ's
Grand Forks, ND sits at the crossroads of agricultural innovation and small business growth, where equipment financing becomes crucial for local founders looking to expand their operations. Rocket scientists might find equipment loans less complex than plotting a course to Mars, but local business owners need reliable funding solutions.
Here are a few local suggestions:- Gate City Bank at 4th Street & DeMers Avenue
- First International Bank & Trust at South Washington Street
- United Credit Union at North 42nd Street
- North Star Bank at Gateway Drive
- Community State Bank of Larimore
StartCap offers equipment loan options that complement local lending resources, providing flexible solutions for new business owners across North Dakota. Business founders seeking equipment financing should compare multiple lenders to find the most suitable terms for their specific industry requirements.
Note: StartCap is not associated with the above lenders in any way. Contact your local branch for the most accurate information & requirements.Interest rates for equipment loans in Grand Forks, can vary widely based on the lender, loan type, and your personal credit profile. Traditional banks typically offer rates between 6% to 12% for well-qualified borrowers, though approval can be strict. SBA loans in Grand Forks, which are popular for new businesses, generally have rates ranging from 7% to 13%, depending on the loan program. Alternative and online lenders may have higher rates, often between 6% to 30%, as they take on more risk, offer more flexible requirements, and time to funding is much faster.
No, you don't even need to be registered with your state to receive funding. In most cases we can either help you get registered with your state or find alternatives that depend more on personal credit, income or assets.
Equipment financing in Grand Forks, ND covers a wide spectrum of machinery essential for business operations. Local founders can secure loans for restaurant kitchen equipment, agricultural machinery like tractors and harvesters, construction tools, manufacturing machinery, medical diagnostic devices, and technological infrastructure.
North Dakota businesses ranging from small start-ups to established enterprises near the Red River Valley can access financing for specialized equipment. Options typically include commercial trucks, precision farming technology, restaurant refrigeration units, industrial welding systems, and advanced computer networks critical for operational success.
