BUSINESS

Commercial Equipment Loans

We can help you with commercial equipment financing to replace, upgrade or purchase equipment to support your business. 

Commercial Equipment Loans

Benefits of business equipment loans

  • Options for you: We offer commercial equipment loans1 specifically designed for your business, including medical services, technology services, machinery, construction and more!
  • Support your business: Use an equipment loan to replace, upgrade or purchase equipment.
  • Credit union difference: We want to help you reach your financial goals with small business equipment loans starting at $50,000, affordable payments, competitive rates and terms that work for you.
  • Build equity: You can build equity in your business by purchasing your business equipment with an equipment loan while you increase your investment with each loan payment.
  • Earn interest: Speak to your tax adviser at the end of the year to determine if you qualify for the interest that you’ve paid to be deducted from your taxes or if it is a depreciation tax benefit.
  • No prepayment penalties: Pay off your loan before your term ends and enjoy no prepayment penalties.
  • Borrow with confidence: Our team of professionals can help you find the right commercial loan for your business.
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More Commercial and Business Resources

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Cash management services

Watch these helpful videos and learn how to access your accounts 24/7 online, how to set up wire transfers and more! 
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Money market accounts

Watch your money grow when you open a money market account!

 

  • Earn more in dividends with higher account balances
  • Add money to your account at any time 
  • Money market accounts offer higher rates than regular savings or checking accounts
View money market accounts
We’re Here to Answer Your Questions About Business Equipment Loans

  • When should I consider applying for a commercial equipment loan?

    You should consider applying for an equipment loan when you are thinking of replacing, upgrading or purchasing new equipment for your business. Schedule an appointment with a GECU Business Services representative or call 915.774.4750, toll-free at 1.800.772.4328, ext. 4750.
  • What documents do I need to provide to apply for a business equipment loan? 
    You should prepare to bring your business financial statements, such as a balance sheet, income statements and others. Schedule an appointment with a GECU Business Services representative to discuss business equipment financing or call 915.774.4750, toll-free at 1.800.772.4328, ext. 4750.
  • What terms are available for a commercial equipment loan?
    Our equipment loans offer terms that fit your business needs. To learn more about the different terms available, speak with a business services representative by calling 915.774.4750, toll-free at 1.800.772.4328, ext. 4750.
  • Are there fixed and variable interest rates available with a commercial equipment loan?
    Yes, we offer fixed and variable interest rates depending on the type of loan that you apply for. To learn more about equipment loans, speak with a business services representative by calling 915.774.4750, toll-free at 1.800.772.4328, ext. 4750.

Disclosures

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Membership eligibility is required.
1All loans are subject to approval. Commercial loans are available only in Texas and New Mexico. Other conditions apply.
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