![Excavator Image](/wp-content/uploads/2025/01/excavator.png)
You Have The Skills, Now Get The Tools
Our equipment loans in Northfield, MN, are perfect for scaling your business while staying within budget. Whether it’s buying machinery or upgrading tools, we’ll help your business soar to new galaxies.
![Money Bag Icon](/wp-content/uploads/2025/01/money-bag.png)
Huge Loan Amounts
Get the equipment financing you need, from small upgrades to large investments, tailored to your needs.
![Timer Icon](/wp-content/uploads/2024/12/money-strategy.png)
Flexible Repayment Terms
Select repayment plans that fit your business's budget, with terms designed for long-term success.
![Clock Icon](/wp-content/uploads/2025/01/fast-time.png)
Fast Application Process
Apply quickly and easily, with minimal paperwork and fast approval to meet your business needs.
Not Just Northfield Equipment Loans
StartCap offers diverse loan options to support your business's success. Whether you're seeking a line of credit or a secured loan, we have flexible and affordable solutions tailored to your specific needs.
![Kitchen Equipment Image](/wp-content/uploads/2025/01/kitchen-1.png)
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.
![](/wp-content/uploads/2024/12/rocket-launch.png)
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.
![](/wp-content/uploads/2024/12/take-off.png)
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.
![](/wp-content/uploads/2024/12/rocket.png)
Well-Established
Keep operations running seamlessly with the right funding for vendors, inventory, payroll—whatever your business needs to stay on course.
![Callout Image](/wp-content/uploads/2025/01/advertising.png)
+ 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 Northfield or nationwide.
Here's a truck load of stuff to get kicked off
Find Business Equipment Loans
Near Northfield, MN
Looking for equipment loans in Northfield? We also serve surrounding cities to help businesses across the region secure the tools they need for long-term success and growth. From Faribault to Eagan and beyond, we've got you covered.
![Map Image](/wp-content/uploads/2024/12/map-1.png)
Equipment Loan FAQ's
Tucked along the scenic Cannon River, Northfield, MN harbors a dynamic small business ecosystem where equipment financing remains critical for local founders seeking growth. Business owners in Rice County understand the nuanced challenges of securing appropriate machinery and technological investments for sustainable operations.
Here are a few local suggestions:- Northfield Savings Bank at Division Street & 4th Street
- First National Bank of Northfield at Highway 3 & Woodley Street
- Farmers State Bank at Bridge Square & Water Street
- Minnesota State Bank at Highway 19 & Cedar Avenue
For new business owners investigating equipment loan opportunities, exploring local financial institutions provides targeted solutions tailored to regional economic dynamics. StartCap represents one potential resource among multiple lending alternatives designed to support emerging enterprises throughout Minnesota's small business landscape.
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 Northfield, 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 Northfield, 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 Northfield offers local business owners diverse opportunities for acquiring essential machinery. Agricultural operations near Rice County might secure loans for tractors, harvesters, and specialized farm equipment. Construction firms can fund trucks, excavators, and heavy machinery through targeted lending programs.
Restaurant startups in southeastern Minnesota frequently utilize equipment loans for commercial ovens, refrigeration units, and industrial cooking appliances. Medical practices, manufacturing businesses, and technology firms across MN can also access financing for specialized technical hardware, precision instruments, and advanced operational equipment.