Business Equipment Loans in Providence, RI
Equip your rocket with tools, vehicles, inventory, even
excavators. Anything you need to stay in orbit
You Have The Skills, Now Get The Tools
In Providence, RI, our equipment loans are tailored to businesses in every industry. Whether you’re running a small shop or a large operation, we’re here to ensure your growth plans take flight.
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 Providence Equipment Loans
At StartCap, we believe in offering a variety of loan options so your business can thrive. From lines of credit to secured loans, we provide tailored solutions to help you navigate any financial challenge.
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 Providence or nationwide.
Here's a truck load of stuff to get kicked off
Find Business Equipment Loans
Near Providence, RI
In addition to Providence 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 Providence to North Attleborough and beyond, we've got you covered.
Equipment Loan FAQ's
Providence, RI, with its historic architecture and burgeoning tech scene, offers diverse opportunities for local business owners seeking equipment financing. Small enterprises in the Ocean State often require specialized lending solutions to acquire essential machinery and technology.
Securing appropriate equipment loans demands strategic research and understanding of regional financial resources. New business owners can explore multiple lending channels to support their operational growth and investment strategies.
Here are a few local suggestions:- Citizens Bank at Westminster Street & Dorrance Street
- Webster Bank at Exchange Terrace & Weybosset Street
- Bank Newport at North Main Street & Exchange Street
- Navigant Credit Union at Reservoir Avenue & Park Avenue
- Rhode Island Credit Union at Elmwood Avenue & Broad Street
- Capital Good Fund at North Main Street & Hope Street
Interest rates for equipment loans in Providence, 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 Providence, 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 Providence, RI spans a wide range of business machinery and tools. Local founders in Rhode Island can secure loans for restaurant kitchen equipment, agricultural machinery, construction vehicles, medical devices, technology infrastructure, manufacturing tools, and office technology across industries.
When exploring equipment financing options near Narragansett Bay, business owners should consider their specific operational needs. From food truck appliances in downtown Providence to industrial machinery in Warwick, lenders evaluate equipment value, business credit, and potential revenue generation potential for loan approval.
