Equipment Loans

Equipment loans backed by local expertise

Fund the equipment you need to succeed without straining your capital. Whether your business needs medical equipment, industrial kitchen appliances, construction machinery, or technology upgrades, Elevations offers custom solutions. Plus, you’ll work with a local Colorado team that understands your business, values your relationship, and invests in our community.

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

  • The minimum equipment loan from Elevations is $5,000.

  • Elevations offers a competitive fee of 0.50% of the loan balance.

  • 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.

  • 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

  • Terms vary based on equipment type and business needs, often ranging from 24 to 84 months.

  • No, you can pay off your loan early without penalties.

  •  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.

Start with this simple form

More ways we can help your business

How can we help you?

Membership eligibility and one-time $5 membership fee required at account opening. 

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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.