Best Vendor Financing Companies in the U.S. for Equipment Dealers
Choosing a vendor financing partner affects more than whether your customers can make monthly payments. It affects which equipment purchases qualify, how applications are handled, when your dealership gets paid, and what happens when a buyer does not fit the first lender's criteria.
The right company for a $15,000 commercial mower is not necessarily the right partner for a $400,000 CNC machine or a fleet of excavators.
This guide compares 10 U.S. equipment financing companies, lenders, and brokerage programs by their practical fit for dealers. For a broader explanation of program structures, see our guide to U.S. vendor financing programs, costs, and dealer payouts.
Quick Answer: The best vendor financing company depends on the equipment you sell and your customers’ borrowing profiles. Consider Mehmi Financial Group for brokerage-assisted options, GreatAmerica or DLL for established dealer programs, PEAC for point-of-sale tools, and Commercial Credit Group for heavy equipment. All offers depend on underwriting and state availability.
How were these vendor financing companies selected?
The companies below were evaluated using publicly documented financing products, supported industries, dealer-facing tools, and program structures.
The comparison considers whether a provider offers financing directly or acts as an intermediary, what equipment it finances, how easily dealers can introduce customers, and which transaction types appear to fit its stated offering.
This is a use-case comparison, not an audited ranking of approval rates, interest rates, funding times, or customer satisfaction. No company is necessarily the least expensive or most suitable for every dealer.
Disclosure: This article is published by Mehmi Financial Group, which appears in the comparison. Its inclusion is based on its published vendor-program services. Other providers are assessed using the same practical criteria.
Dealers should also understand a basic distinction: a lender makes its own credit decisions and provides financing, while a broker or intermediary helps arrange financing with independent providers.
What are the 10 best vendor financing companies for U.S. equipment dealers?
1. Mehmi Financial Group — Best for broker-assisted vendor financing
Best suited for: Equipment dealers that want help presenting varied transactions to potentially suitable financing providers rather than relying exclusively on one lender's credit criteria.
Mehmi Financial Group's vendor financing program allows eligible B2B sellers to introduce equipment financing during the quoting or purchasing process. Its published workflow includes branded financing paths, application coordination, deal tracking, and consideration of alternative financing routes when appropriate.
Mehmi is particularly relevant to dealers selling different types of equipment or working with customers whose financing requirements vary from transaction to transaction.
For example, a machinery distributor may receive inquiries from established manufacturers, newer contractors, and businesses purchasing used equipment. Those buyers can present materially different credit and collateral risks.
Important limitation: Mehmi is a commercial financing brokerage, not a direct lender. Independent financing providers control underwriting, pricing, approval, documentation, and funding. Mehmi is not available for every U.S. jurisdiction or product, and no minimum number of offers is guaranteed.
Mehmi Financial Group
2. GreatAmerica Financial Services — Best for established equipment and technology dealers
Best suited for: Dealers seeking a structured vendor program, particularly where equipment, technology, service contracts, and recurring billing overlap.
GreatAmerica Financial Services offers vendor programs with private-label options, customized financing, marketing support, training, reporting, and integrations.
Its broader product offering includes custom billing, usage-based programs, and as-a-service structures.
Those capabilities may be useful for dealers selling office imaging systems, communications technology, medical equipment, or other products frequently packaged with ongoing support.
A dealer offering a machine alongside maintenance and software should examine whether recurring service charges can be integrated into the proposed customer arrangement and how those components are treated.
What to verify: Equipment eligibility, agreement ownership, invoicing responsibilities, end-of-term options, and whether the required program structure is available to a dealer of your size.
GreatAmerica
3. DLL — Best for agricultural and construction equipment dealer networks
Best suited for: Equipment manufacturers and dealers requiring retail customer financing, inventory financing, or both.
DLL maintains a U.S. dealer-facing platform covering retail financing and dealership inventory floor plans. Its website references agricultural equipment, construction equipment, attachments, and trailers.
DLL also provides a Retail Hub through which participating dealers can quote and submit applications.
Its value for equipment dealers lies partly in supporting two different financing requirements: helping a customer acquire a machine and potentially helping a dealer finance equipment held for resale.
These should not be confused.
Retail financing concerns the equipment buyer's repayment obligation. Inventory or floorplan financing concerns the dealer's own borrowing against stock.
What to verify: Whether your dealership qualifies for a direct relationship, the specific retail credit programs offered, inventory advance requirements, and any obligations imposed on participating dealers.
dllfinance.com
4. PEAC Solutions — Best for digital point-of-sale financing workflows
Best suited for: Dealers that want online applications, customer-facing financing links, and a portal for monitoring submitted transactions.
PEAC Solutions describes an online application called fa$tTrak, which supports customer financing applications through a dedicated link.
Its PEAC Portal provides dealers with account and application tracking. The company also advertises payment-estimation tools and partner resources.
For a dealership that handles numerous monthly quotes, a standardized workflow can reduce repeated document requests and help sales representatives understand where an application stands.
PEAC states that equipment financing is provided by Marlin Leasing Corporation, while its working-capital loans are originated by WebBank. These are distinct products.
What to verify: Eligible equipment categories, transaction sizes, the financing agreement's final creditor or lessor, dealer payout conditions, and whether the published digital workflow fits your sales process.
PEAC Solutions
For a closer look at portals, customer applications, and embedded tools, read our comparison of customer financing platforms for U.S. vendors.
5. Ascentium Capital — Best for diversified commercial equipment dealers
Best suited for: Dealers selling industrial machinery, commercial vehicles, medical equipment, restaurant equipment, or other business-use assets.
Ascentium Capital, a division of Regions Bank, offers financing programs for dealers and manufacturers across several industries.
Its published categories include machine tools, material handling, manufacturing, robotics, commercial vehicles, healthcare, and hospitality.
The company also describes online quoting, proposal tools, reporting, vendor support, and prefunding arrangements for qualified vendors.
This breadth can be attractive to equipment distributors whose customer purchases include multiple asset types or related business expenses.
However, an advertised maximum financing amount or term should not be treated as a commitment for every applicant.
What to verify: Whether the specific asset qualifies, whether the transaction requires a down payment, the loan or lease structure, documentation thresholds, and the conditions for vendor prefunding.
Vendor Finance Companies
6. Mitsubishi HC Capital America — Best for customized manufacturer and distributor programs
Best suited for: Manufacturers, OEMs, and equipment distributors seeking financing programs adapted to their product lines and customer base.
Mitsubishi HC Capital America offers vendor programs involving equipment loans, leases, and lines of credit.
Its stated sectors include construction, industrial equipment, manufacturing, healthcare, technology, and franchise businesses.
A customized program may be relevant when a dealer sells complex equipment packages, serves customers with recurring purchasing needs, or requires different lease structures across several product categories.
For example, a manufacturer selling automation equipment may need financing that accounts for machinery, installation, commissioning, and software components.
What to verify: Which costs can be financed, how equipment acceptance affects funding, whether minimum dealer volumes apply, and who assumes responsibility for servicing or end-of-term asset disposition.
mhccna.com
Dealers selling complex production systems can also review our customer financing guide for packaging equipment dealers, which explains why equipment scope and installation details matter.
7. Commercial Credit Group — Best for heavy equipment and used machinery
Best suited for: Construction, transportation, manufacturing, and waste-equipment dealers.
Commercial Credit Group (CCG) operates a dedicated equipment-dealer partnership program.
Its published offering covers new and used equipment, along with certain rental conversions, across industries such as construction, manufacturing, transportation, and waste services.
CCG emphasizes reviewing the business, equipment, and customer circumstances rather than relying exclusively on a credit score.
That approach can be relevant when a buyer has substantial industry experience but presents an unconventional financing profile.
It does not mean that every borrower, startup, or used asset will qualify.
What to verify: Equipment age, operating hours, inspection requirements, collateral value, repayment schedules, and the lender's expectations for the buyer's equity contribution.
Commercial Credit Group
Used-equipment dealers should also review our guide to financing programs for used equipment customers.
8. Clicklease — Best for smaller-ticket equipment sold online or in-store
Best suited for: Dealers selling smaller commercial equipment where an accessible monthly-payment option can be presented alongside the purchase price.
Clicklease promotes leasing for equipment such as trailers, mowers, welders, cleaning machines, ovens, and other business-use products.
Its dealer-facing website advertises financing transactions up to $30,000 and direct payment to the seller for qualifying funded transactions.
That makes it a different type of option from lenders primarily serving six-figure machinery purchases.
A smaller-ticket program may be useful for dealers handling frequent transactions, provided the customer understands the financing cost and contractual terms.
What to verify: Current transaction limits, equipment eligibility, the full payment schedule, any purchase option or residual obligation, and the cost of ending the lease early.
For a $150,000 industrial machine, this should not be treated as an equivalent alternative without confirmation of a different eligible program.
Clicklease
9. Wells Fargo Vendor Financial Services — Best for established OEM and dealer relationships
Best suited for: Established equipment manufacturers, distributors, and dealer groups seeking formal vendor-financing relationships.
Wells Fargo's equipment financing business offers vendor referral programs, private-label financing arrangements, and wholesale transaction programs.
Its equipment-financing divisions cover trucks, trailers, construction equipment, industrial assets, and technology.
The company also describes customized loan and lease structures for business customers.
For larger dealer networks, the appeal may be the ability to establish financing arrangements around repeatable products and transaction volumes.
However, a bank-affiliated program may involve more formal onboarding and credit requirements than a lightweight referral arrangement.
What to verify: Dealer eligibility, minimum program expectations, whether the specific customer and asset fall within the relevant lending group, and which entity originates or holds the financing.
Wells Fargo Commercial Banking
10. Taycor Financial — Best for dealer-branded financing arrangements
Best suited for: Dealers that want customer financing presented under their own brand while using an external financing operation.
Taycor Financial offers white-label financing programs and describes customized leasing and financing arrangements.
Its broader business includes equipment finance, commercial vehicles, machinery, technology, and other business-purpose products.
Taycor identifies itself as a licensed lender, while also describing a broader financing approach that can involve different products and channels.
For dealers wanting to integrate financing into their sales materials, branded applications and associated digital tools may be worth evaluating.
What to verify: The actual lender for each transaction, program costs, whether the financing presentation can be customized, and any obligations to use Taycor exclusively.
A white-label customer experience should never obscure the legally required identification of the lender or lessor.
taycor.com
How should equipment dealers compare financing partners?
Start with your dealership's actual sales, not a provider's advertised rate or approval speed.
A dealer selling $10,000 restaurant appliances has different financing requirements from one selling $250,000 excavators. The right partner must be willing to finance the equipment, consider the relevant customer profile, and support the way the dealer completes a sale.
Our guide to choosing a B2B customer financing partner expands on this selection process.
Match the financing program to your transaction size and equipment
Check the equipment's expected selling price, age, condition, useful life, and resale value.
New equipment with an established resale market may be easier for a lender to value than highly customized or older machinery. Installation, transportation, training, and software can further complicate a transaction because they may have limited collateral value.
Ask whether the provider finances the entire package or only the physical asset.
A dealer selling equipment alongside ongoing support should also review our guide to how B2B suppliers can offer customer financing.
Compare the buyers a provider is prepared to review
Do not use a published minimum credit score as the sole measure of a good partner.
A lender may examine business and owner credit, operating history, cash flow, existing debt, liquidity, customer concentration, and the value of the equipment.
Startup businesses may face additional scrutiny because their operating results are less established. A strong guarantor, relevant industry experience, a larger down payment, or additional financial documentation may strengthen some applications, but none guarantees approval.
Dealers can prepare more complete applications using our U.S. customer financing requirements guide.
Compare monthly payment options and total costs
A low monthly payment is not sufficient evidence of an attractive financing offer.
Ask for the financed amount, rate or applicable pricing method, payment frequency, term, fees, required down payment, security, guarantees, and any final payment or purchase option.
A financing company may quote a loan, finance lease, or fair-market-value lease. These are not interchangeable.
Under some leases, the customer does not automatically acquire ownership at the end of the term. The agreement may require the equipment to be returned, renewed, or purchased under the applicable option.
The customer's intended ownership and replacement cycle should influence the choice.
How much could vendor-arranged equipment financing cost?
Consider a U.S. manufacturer buying a production machine from an equipment dealer.
ILLUSTRATIVE EXAMPLE — NOT A MEHMI FINANCING OFFER
The machine costs $180,000 USD. The buyer contributes $30,000 and finances the remaining $150,000 through an assumed fully amortizing equipment loan.
The example assumes a fixed nominal annual interest rate of 9.25%, calculated monthly, over 60 months. Payments are due monthly in arrears. A $750 documentation fee is paid separately upfront.
Equipment price
$180,000
Amount financed
$150,000
Estimated monthly payment
$3,131.98
Total scheduled loan payments
$187,919.08
Total interest
$37,919.08
Interest plus stated fee
$38,669.08
Total purchase and financing cash paid: approximately $218,669.08, including the down payment and $750 fee.
Calculations use unrounded payments; the last installment may be adjusted for rounding. Assumes no balloon payment.
The example excludes sales and use taxes, freight, installation, insurance, equipment maintenance, possible lien-filing charges, and other transaction-specific expenses. Early payoff charges are not assumed because they depend on the agreement.
The 9.25% figure is an illustrative nominal interest rate, not a fee-inclusive APR.
For the buyer, the more important question is whether the new machine generates or preserves enough cash to support the payment.
If the business has $4,500 available each month after its existing operating expenses and debt obligations, the new payment leaves approximately $1,368.02. A weaker month could eliminate that cushion.
Financing should follow realistic repayment capacity, not an optimistic sales projection.
What should a vendor financing agreement make clear?
The agreement between the equipment dealer and its financing partner deserves almost as much attention as the customer's financing contract.
A useful program should make the following questions answerable before the dealer submits its first transaction.
When does the dealer receive payment?
Dealers should confirm whether payment occurs after credit approval, signing, equipment delivery, customer acceptance, or completion of all funding conditions.
Approval is not the same as funding.
A lender may require a final invoice, equipment serial number, insurance confirmation, proof of delivery, or signed acceptance certificate before releasing funds.
If the dealer needs a supplier deposit before delivery, ask whether qualified transactions permit prefunding and what happens if the underlying sale cannot be completed.
Who is responsible if a financed sale is disputed?
Review the dealer agreement for representations, warranties, equipment-delivery obligations, refunds, chargebacks, repurchase provisions, and other forms of recourse.
A dealer may not guarantee the customer's ordinary loan payments but can still have contractual obligations if equipment is not delivered as represented or a transaction is defective.
Clarify whether the financing partner expects exclusivity, requires minimum volumes, or restricts the dealer's ability to offer another funding option.
What does the program actually cost?
Possible costs include lender documentation charges, filing expenses, customer fees, dealer subsidies, technology charges, and commissions.
Dealer-subsidized financing deserves special attention. A lower advertised customer rate may require the dealer to absorb part of the financing cost.
Compare the amount the customer ultimately pays with the amount the dealer actually receives.
Our B2B financing platform features and costs guide discusses other items worth reviewing before integrating a financing system.
What security and guarantees are required?
U.S. equipment financing may involve a security interest in the purchased equipment and a filing under the Uniform Commercial Code, commonly called a UCC filing. Depending on the asset, title-related requirements may also apply.
A lender may require a personal guarantee, additional collateral, or a restriction on transferring the equipment.
For the dealer, existing liens matter when selling used equipment. Clear title and appropriate lien releases can be essential to completing the transaction.
The California Secretary of State's UCC information illustrates how financing statements are administered at the state level. Specific filing and perfection requirements depend on the applicable jurisdiction and collateral.
Is vendor financing the same as dealer floorplan financing?
No. The borrower and use of funds are different.
Vendor or retail customer financing helps the dealer's customer acquire equipment, typically through a commercial loan or lease.
Dealer floorplan financing helps the dealership purchase or carry inventory before the equipment is sold.
A dealer may need both facilities, but one does not automatically replace the other.
For example, a dealer may use inventory financing to stock excavators, then introduce a retail financing option when a contractor purchases one.
The dealer must then comply with the floorplan agreement's sale, remittance, and lien-release provisions.
Our U.S. dealer financing programs guide explores how these separate obligations affect customer financing and dealer payouts.
Are vendor financing programs available in every U.S. state?
Not necessarily. Commercial financing rules, disclosures, registration requirements, lender policies, and product availability can vary by state.
For example, the New York State Department of Financial Services describes standardized disclosure requirements for certain commercial financing transactions under the state's Commercial Finance Disclosure Law. Applicability depends on the transaction and legal definitions; the law should not be assumed to cover every equipment lease identically.
Dealers should verify both the financing provider's availability and any requirements affecting advertising, presenting, brokering, or documenting commercial financing.
Mehmi Financial Group has specific U.S. restrictions. Under its terms updated October 7, 2026, Mehmi generally does not accept or broker commercial-financing applications involving borrowers or recipients located or principally based in California, Illinois, Missouri, Nebraska, North Carolina, North Dakota, or Vermont unless it confirms the necessary legal authorization in writing for the specific transaction.
Additional product-specific restrictions may apply. Those restrictions concern Mehmi's services; they do not mean vendor financing is generally unavailable in those states. Review Mehmi Financial Group's current terms before submitting an inquiry.
How can an equipment dealer launch a financing program?
Start with a small, clearly defined program rather than attempting to finance every product immediately.
Identify the equipment categories, typical purchase amounts, customer industries, and states you serve. Determine whether buyers generally prefer ownership, predictable lease payments, or flexibility to replace equipment.
Next, confirm the partner's credit and equipment eligibility, the application process, responsibility for customer communications, dealer payment conditions, and required compliance disclosures.
Train sales representatives to introduce financing accurately. They should not describe an application as approved before the financing provider issues a valid credit decision, or promise rates and terms that have not been established.
Finally, monitor actual funded sales, funding conditions, customer complaints, and the administrative work required per transaction.
Our guide to launching customer financing provides a more detailed onboarding and payout checklist.
When might a dealer be better off without a formal vendor financing program?
A formal partnership is not always necessary.
Dealers with very few financed transactions may find that directing eligible customers to their existing bank or introducing financing case by case is more practical.
A small dealer selling low-value equipment may also discover that financing administration costs outweigh the benefit of additional payment options.
A buyer with sufficient cash reserves may prefer paying outright, particularly if financing charges exceed the value of retaining liquidity.
For some customers, renting equipment or buying a less expensive used unit may make more economic sense than committing to a long financing term.
Financing is most useful when it solves a genuine purchasing or cash-flow problem without creating an unsustainable repayment obligation.
Frequently Asked Questions About U.S. Vendor Financing Companies
Does an equipment dealer become a lender by offering financing?
Not necessarily. Under a conventional vendor-referral arrangement, the dealer sells equipment while an independent lender or lessor evaluates, documents, and funds the transaction.
The dealer still needs to understand its contractual and legal responsibilities. Its role in advertising, arranging, or facilitating financing can matter under applicable law.
Which vendor financing company is best for small equipment purchases?
A smaller-ticket specialist such as Clicklease may be worth evaluating when the equipment and transaction fall within its current program limits.
Dealers should compare the full lease cost, customer eligibility, and any purchase or early termination obligations rather than relying on a low displayed monthly payment.
Can startup businesses obtain equipment financing through dealers?
Potentially. Approval depends on the financing provider's policies and the specific borrower.
Some providers may consider owner experience, available cash, down payment, guarantor strength, equipment value, and the credibility of projected earnings.
Startup status alone neither guarantees nor necessarily prevents approval.
What happens if the first financing company declines a customer?
The dealer can ask whether the reason relates to credit, cash flow, collateral, equipment eligibility, existing debt, or missing documents.
Another provider or a revised structure may be appropriate, but repeated applications without understanding the original decline can waste time and may create additional credit inquiries.
A larger down payment, different equipment, lower borrowing amount, or delayed purchase may be a more responsible solution.
Do vendor financing companies pay the dealer upfront?
Many programs remit funds after the transaction meets their funding conditions, allowing the dealer to receive payment before the customer completes years of scheduled repayments.
However, the timing and amount depend on the lender, equipment delivery, final documents, and the particular vendor agreement.
Do not ship equipment or assume a payment date based on a preliminary credit decision alone.
Can a dealer offer equipment loans and leases?
Yes, if its financing partners offer the appropriate products.
An equipment loan generally finances a purchase, while a lease may have different ownership rights, tax treatment, purchase options, and return obligations.
The right structure depends on the buyer's equipment usage, replacement plans, tax circumstances, and cash flow. Dealers should avoid making unsupported tax-deduction claims and direct customers to their tax advisers for individualized advice.
Should an equipment dealer use one financing company or several?
A single financing relationship can simplify training, reporting, and customer communications when most transactions fit one provider's policies.
Multiple financing relationships may be useful when the dealership sells different equipment types, encounters materially different borrower profiles, or needs a backup for transactions outside its primary lender's criteria.
Evaluate how the arrangement handles customer consent, credit inquiries, application duplication, and communication between parties.
Discuss a Vendor Financing Program With Mehmi Financial Group
If your dealership sells commercial equipment and wants to explore customer financing, Mehmi Financial Group can review whether its brokerage-assisted vendor program fits your products, customers, and operating locations.
To make the discussion useful, share your typical equipment financing amount in USD, the country and U.S. state where you operate, the equipment or other permitted use of funds, and when you expect customer financing to be needed. If you also serve Canadian customers, identify their province and financing needs separately.
Mehmi can discuss potential financing structures and available application pathways for eligible transactions. All financing remains subject to independent providers' underwriting, terms, and jurisdictional availability.
Contact Mehmi Financial Group: 833-863-4644
Contact Mehmi Financial Group to discuss an equipment dealer financing program.