Skip to main content

Business Equipment Loans

With an equipment loan from Best Reward, you can take your business to the next level right away.

We'll finance your titled car, SUV, van, pick-up truck, or other commercial vehicle.

We're here to save you time and money so you can concentrate on the big stuff and reach your business goals faster.

Apply Now

Fixed Interest Rates

Starting at 1.55% APR* for new vehicles and as low as 2.80% for older vehicles, budgeting is easy when you know what you'll be paying each month.

Terms up to 84 Months

Choose the right term for your needs. Enjoy low monthly payments over a longer term or pay your loan back in a shorter term; the choice is yours.

Up to 100% Financing

Don't let financing be a barrier to your much-needed vehicle. Buy the equipment you need today and see it generate profit for tomorrow.

Equipment Loan Details

Business equipment loans are available to businesses that have been established for one year or more. The vehicle you want to buy must be a titled truck, trailer, tractor, car, van, etc.

To apply for a business equipment loan, you'll need to provide documentation including income tax returns and a personal financial statement. Non-members may apply but you'll need to establish membership with Best Reward Federal Credit Union before you can be approved. Find out if you are eligible to join by clicking HERE

After applying for your loan, you'll receive a decision in three to 10 business days, depending on its complexity. Your interest rate will be based upon the qualities of your loan application and your relationship with Best Reward.


The staff is fantastic! They are friendly and when I have questions they know the answers and steer me in the right direction as to what is best for my banking needs.

- Sandra H.


Great team. Helped me a lot!

- Ricardo K.


From the moment I joined Best Reward I was treated so warmly and not just like an account number. I feel like I am part of a family rather than a banking system.

- Jeanetta L.

FAQ's About Equipment Loans

A business equipment loan is the fastest way for you to get the vehicle your business needs so you can upgrade your service, expand, or essentially stay in operation. It is an alternative to setting aside funds until you have enough money saved to pay for the vehicle upfront, taking out another kind of loan, or using a credit card.

With a Best Reward Federal Credit Union equipment loan, you can budget for an affordable monthly payment at a low fixed interest rate and start using your much-needed equipment right away. In many cases, new equipment rapidly generates a return on investment that makes the financing worthwhile.

Business equipment loans can be used for vehicles such as delivery trucks, trailers, tractors, cars, vans, etc, provided they meet certain criteria. They must be titled and licensed, which means you must be able to provide legal proof of ownership.

A business equipment loan is available to any kind of business., You can use your business vehicle for any purpose, whether it's to deliver or transport people, goods, tools, or construction material.

Ready to Apply for Your Business Equipment Loan?

*APR = Annual Percentage Rate. Rates and terms are subject to change without notice. All loans are subject to credit approval, verification, and collateral evaluation if applicable. Maximum vehicle loan amount is $250,000. All owners are required to give a full personal guarantee. Certain restrictions may apply. All credit union programs, services, rates, terms and conditions are subject to change at any time. During the process of your loan application, additional documentation may be requested at any time regardless of credit, length of business, or loan amount.