You Have The Skills, Now Get The Tools
From sewing machines to solar panels, our equipment loans in New London, CT, make upgrades affordable. With us as your financial partner, you’ll achieve stability and success for lightyears to come.
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 New London 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 New London or nationwide.
Here's a truck load of stuff to get kicked off
Find Business Equipment Loans
Near New London, CT
Looking for equipment loans in New London or nearby cities? Our flexible loan options are designed to help businesses like yours expand and thrive with the tools they need. From Groton to Portland and beyond, we've got you covered.
Equipment Loan FAQ's
New London's industrial waterfront and maritime heritage create an intriguing backdrop for business equipment financing. Local founders seeking machinery or technology investments face nuanced challenges when sourcing appropriate lending resources within Connecticut's smaller municipal markets.
Here are a few local suggestions:- Chelsea Groton Bank at Bank Street & Eugene O'Neill Drive
- Mystic Credit Union at Route 1 & Williams Avenue
- Ocean Community Bank at Broad Street & Pequot Avenue
- Thames River Bank at Connecticut College area
StartCap provides comprehensive equipment loan solutions tailored for Connecticut small business owners. Regional lenders understand local economic dynamics, offering specialized financing packages that align with New London's diverse industrial ecosystem and strategic business development objectives.
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 New London, 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 New London, 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 New London County offers diverse opportunities for business growth. Local founders can secure loans for essential machinery across industries like construction, agriculture, and restaurant sectors. From excavators to commercial ovens and farming tractors, equipment loans provide critical capital for expanding operational capabilities in CT.
Small business owners in southeastern Connecticut have multiple financing options for specialized equipment purchases. Manufacturing machinery, medical devices, technology infrastructure, and transportation vehicles represent common investments through equipment lending programs. Local financial institutions near the Thames River understand regional business needs and offer tailored loan solutions.