Business Equipment Loans in Gloucester, MA
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 Gloucester, MA, we offer equipment loans that adapt to your business’s needs. Whether it’s new tools or essential upgrades, we help you stay competitive while keeping your financial goals within reach.
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 Gloucester Equipment Loans
StartCap offers a range of loan types, including secured loans and lines of credit, to support businesses at every stage. Let’s work together to find the best loan that fits your company’s unique needs.
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 Gloucester or nationwide.
Here's a truck load of stuff to get kicked off
Find Business Equipment Loans
Near Gloucester, MA
Our equipment loans in Gloucester extend to nearby cities, giving businesses across the region the financial boost they need. With our competitive terms, you can focus on growing your business. From Beverly to Saugus and beyond, we've got you covered.
Equipment Loan FAQ's
Gloucester's maritime heritage and fishing industry create a dynamic backdrop for business equipment financing. Local founders seeking machinery or technology investments face unique funding challenges in this Massachusetts coastal community.
Here are a few local suggestions:- Enterprise Bank at Washington Street & Essex Avenue
- Rockport National Bank at Main Street & Beach Road
- Cape Ann Cooperative Bank at Pleasant Street & Congress Street
- Institution for Savings at State Street & Center Street
- Salem Five Bank at Federal Street & Washington Street
StartCap offers streamlined equipment loan solutions for new business owners in Essex County. These financial resources help regional companies acquire essential tools and technology without overwhelming capital expenditures.
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 Gloucester, 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 Gloucester, 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 Gloucester, MA covers a wide range of machinery and tools for local businesses. From commercial fishing vessels to restaurant kitchen equipment, new business owners can secure loans for agricultural machinery, construction tools, medical devices, and manufacturing technology along Cape Ann's dynamic coastal economy.
Startup founders seeking equipment financing should consider their specific industry needs in Massachusetts. Local lenders like StartCap understand regional business requirements, offering flexible terms for purchasing trucks, industrial refrigeration units, precision farming equipment, and specialized machinery crucial for sustaining Gloucester's economic diversity.
