You Have The Skills, Now Get The Tools
In Salem, OR, 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 Salem Equipment Loans
At StartCap, we understand that every business is unique. That's why we offer a variety of loan options, including secured loans and lines of credit, to ensure you have the financial tools necessary for growth.
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 Salem or nationwide.
Here's a truck load of stuff to get kicked off
Find Business Equipment Loans
Near Salem, OR
If you're looking for equipment loans in Salem you're in the right place! Our services extend to nearby cities, offering businesses the financing they need to reach new heights. From Keizer to Albany and beyond, we've got you covered.
Equipment Loan FAQ's
Salem, OR's lush Willamette Valley backdrop creates an inspiring environment for business growth, particularly for founders seeking equipment financing. Local business owners often explore multiple lending avenues to secure critical machinery and technology investments for their operational needs.
Here are a few local suggestions:- Oregon State Credit Union at State Street & Commercial Street
- Rivermark Community Credit Union at Lancaster Drive & Chemawa Road
- First Federal Bank at Center Street & Court Street
- River City Bank at Commercial Street & Trade Street
- Cornerstone Bank at Linne Road & Fairgrounds Road
Equipment loans represent strategic financial solutions for local start-ups looking to expand capabilities. StartCap potentially offers comprehensive financing options, though business owners should thoroughly compare rates, terms, and local lending institutions to determine the most suitable equipment financing approach.
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 Salem, 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 Salem, 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 OR extends beyond traditional business boundaries, covering diverse machinery needs across Marion County. Local start-ups seeking industrial, agricultural, restaurant, and construction equipment can leverage specialized loan programs tailored to Salem's economic landscape.
Agricultural machinery like tractors, harvesting equipment, and irrigation systems represent prime candidates for financing. Construction firms may secure loans for excavators, cranes, and heavy-duty trucks, while restaurants can upgrade kitchen appliances, refrigeration units, and specialized cooking equipment through targeted lending solutions.