How We Rank Equipment Finance Companies
Our editorial scoring system is designed to provide objective, research-based evaluations of commercial equipment lenders. Here is exactly how we score each company.
Our Editorial Independence Policy
Equipment Finance Review receives no advertising fees, referral commissions, or other compensation from featured lenders. Lenders do not pay for coverage, placement, or rankings. Our scores are editorial assessments based on the criteria below, not paid endorsements or guarantees of financing.
The 10-Point Scoring System
Our methodology uses a 10-point scale across 8 weighted criteria. The weights below total 100% and show the relative importance of each factor. Scores summarize our editorial assessment; they are not approval probabilities, customer ratings, or measures of the rate you will receive.
Application Speed & Process
15%How fast and simple is the application? We evaluate online vs. phone-based processes, time to decision, and documentation burden.
Minimum Qualification Flexibility
15%What is the minimum time in business, credit score threshold, and revenue requirement? Can newer businesses or borrowers with credit challenges qualify?
Financing Range
10%What is the minimum and maximum transaction size? Does the lender serve both small-ticket and large commercial deals?
Product Variety
10%Does the lender offer both loans and leases? Are there options for working capital, sale-leaseback, or specialty structures?
Rate & Fee Transparency
15%Does the lender clearly disclose rates, fees, and total cost of financing? We penalize lenders who are opaque about pricing.
Equipment & Industry Coverage
10%How broad is the lender's equipment type acceptance? Do they serve niche industries like waste management, agriculture, or medical?
Funding Speed
15%After approval, how quickly are funds disbursed? Same-day and next-day funding capabilities are scored favorably.
Customer Experience & Support
10%Are dedicated specialists available? How are customer reviews? Are support channels accessible throughout the loan process?
What We Do Not Score
- ✖Advertising spend or size of commercial relationship
- ✖Brand recognition or company size alone
- ✖Unverified customer testimonials
- ✖Lender-provided marketing materials without independent verification
Data Sources
Our team uses a combination of publicly available lender disclosures, industry databases, primary outreach to lenders, third-party review platforms, regulatory filings, and our own test applications where possible. We do not rely solely on lender-provided information.
Updates and Review Cycle
Lender products, eligibility requirements, and pricing can change between reviews. A publication or page-update date does not mean every lender term was reverified on that date. Confirm current terms directly with the lender, and use our contact page to flag information that needs correction.