Benefits of an Elevations Equipment Loan
Elevations equipment financing offers plenty of strong advantages for your Colorado business:
- Competitive interest rates
- Flexible rates and terms
- No prepayment penalty
- Loans on new and used equipment
- Fixed interest and predictable monthly payments
- Potential to claim depreciation and interest deductions on your taxes
- Expert guidance from a local Business Banker who cares
Commonly Asked Questions
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The minimum equipment loan from Elevations is $5,000.
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Elevations offers a competitive fee of 0.50% of the loan balance.
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We finance a variety of equipment, including medical, industrial kitchen, construction, manufacturing, technology equipment, and commercial vehicles. Talk to our team to see if we can find a solution that fits your business.
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Anyone within the counties we serve can apply for an Elevations Equipment Loan, and membership is required before the loan can close. Find out which counties we serve and learn about our membership eligibility.
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Terms vary based on equipment type and business needs, often ranging from 24 to 84 months.
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No, you can pay off your loan early without penalties.
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Local underwriting means faster decisions—often within a few business days.
Ready to get started?
Our team provides a consultative approach to understand your unique needs, find solutions, and help you through every step of the process.
More ways we can help your business
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Business HELOC
Send an interest formFlexible line of credit based on your home’s equity in your business’s name
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Business Credit Cards
Start your applicationBusiness spending power with no annual fees, competitive rates, and rewards
How can we help you?
Give us a call at (800) 429-7626 | Routing #307074580
Membership eligibility and one-time $5 membership fee required at account opening.
*Annual percentage rate
^Annual percentage yield
All credit union loan programs, rates, terms and conditions are subject to change at any time without notice. Rate shown as low as for qualified borrowers. Rate may change dependent on credit qualifications and underwriting factors. Please speak with an Elevations representative for more information. Offers of credit are subject to membership requirements and credit approval.