You Have The Skills, Now Get The Tools
In Draper, UT, our equipment loans are tailored for businesses aiming for growth. Whether you’re investing in new tools or upgrading systems, we’ll help you reach the next level.
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 Draper Equipment Loans
Whether you’re upgrading equipment or managing cash flow, StartCap’s loan options, including secured loans and lines of credit, are designed to meet your needs. Let us help you find the right solution for your business.
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 Draper or nationwide.
Here's a truck load of stuff to get kicked off
Find Business Equipment Loans
Near Draper, UT
For businesses in Draper and nearby cities, our equipment loans offer the financial flexibility to help you succeed. Whether you're starting fresh or expanding, we have the solutions you need. From Sandy to Herriman and beyond, we've got you covered.
Equipment Loan FAQ's
Draper, Utah, a dynamic suburb wedged between Salt Lake City and Utah County, presents unique opportunities for business equipment financing. Local new business owners seeking machinery or technology investments often explore regional lending solutions tailored to their specific operational needs.
Here are a few local suggestions:- Utah Community Credit Union at 12300 S State Street & Minuteman Drive
- Mountain America Credit Union at 12450 S State Street & 4th East
- Cyprus Credit Union at 12180 S State Street & Minute Man Drive
- America First Credit Union at 12300 S State Street & Creek Road
- Zions Bank at 12200 S State Street & Community Drive
- Wells Fargo at 12350 S State Street & Creek Road
StartCap offers comprehensive equipment financing options for founders in Draper seeking competitive rates and flexible terms. Business owners should compare multiple lenders, review loan requirements, and assess their specific equipment investment strategies before making final financing decisions.
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 Draper, 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 Draper, 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 loans in Draper, Utah, offer flexibility for businesses seeking to acquire essential machinery. Local companies can finance a wide range of equipment, including construction vehicles, agricultural tools, restaurant kitchen appliances, medical devices, manufacturing machinery, and technology infrastructure.
Specialized lending options through institutions near Wasatch County provide opportunities for new business owners to upgrade their operational capabilities. From commercial trucks to precision manufacturing equipment, entrepreneurs in UT can access financial resources tailored to their specific industry requirements and growth strategies.