Business Equipment Loans in Somerset, 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
From repair shops to restaurants, our equipment loans in Somerset, MA, provide essential support. With us, you can focus on expanding your business and achieving your full potential.
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 Somerset Equipment Loans
Looking for the right loan? StartCap offers a range of options, including secured loans and lines of credit, to provide you with the financial flexibility your business needs to succeed and grow.
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 Somerset or nationwide.
Here's a truck load of stuff to get kicked off
Find Business Equipment Loans
Near Somerset, MA
Our equipment loans are available in Somerset and surrounding cities. Let us help you get the tools you need to achieve success and take your business to the next level. From Fall River to Providence and beyond, we've got you covered.
Equipment Loan FAQ's
Somerset, MA, situated along the Taunton River, presents unique financing opportunities for local business owners seeking equipment loans. Industrial growth and manufacturing sectors continue driving economic development in Bristol County, creating substantial demand for specialized business funding solutions.
Here are a few local suggestions:- Berkley Credit Union at Main Street & Center Road
- Taunton Federal Savings at Washington Street & School Street
- Bristol County Cooperative Bank at County Street & Pleasant Street
- Somerset Savings Bank at Bay Street & Wood Street
- Old Colony Bank at County Road & Highland Street
- Fall River Municipal Credit Union at Columbia Street & Bedford Street
Local start-ups frequently investigate equipment financing strategies tailored to regional business needs. StartCap represents one potential resource for founders investigating comprehensive lending options, offering customized solutions beyond traditional banking frameworks in Massachusetts.
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 Somerset, 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 Somerset, 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 Somerset, MA covers a wide range of machinery and tools for local businesses. From heavy construction equipment like excavators and bulldozers to restaurant kitchen appliances such as commercial ovens and refrigeration units, agricultural machinery, and manufacturing tools, financing options help new business owners acquire essential assets.
Local start-ups near Mount Hope Bay can secure loans for trucks, trailers, printing presses, medical diagnostic equipment, and technology infrastructure. Massachusetts-based lenders understand regional business needs and offer flexible terms for purchasing essential capital equipment that drives growth and operational efficiency in diverse industries.
