Own your future with financing that builds equity
What is Equipment Financing?
Direct ownership — structured on your terms.
Equipment financing is a solution where you retain ownership of the equipment from day one. While it functions as a loan, United can structure your EFA with the same flexibility as a lease including custom payment schedules and end-of-term options to meet your specific needs.
How Equipment Financing works
Simple, transparent, and built for your business.
Selection:
You choose the specific equipment or vehicles your business needs.
Creative Structuring
United designs a payment plan — whether that involves level payments, step-ups, or a balloon at the end.
Acquisition:
We provide the capital to purchase the equipment.
Ownership:
You make regular payments according to your schedule until the agreement is fulfilled.
The benefits of Equipment Financing
Path to Equity
Build ownership in your business-essential assets while keeping your monthly payments manageable.
Creative Payment Structures
Step Payments: Start with lower payments that increase as your new equipment generates more revenue.
Balloon Options: Lower your monthly payment by deferring a portion of the principal to the end of the term.
Tax Advantages
As the owner, you may be able to take advantage of Section 179 expensing and depreciation (consult your tax professional).
Flexible Terms
Terms are customized to the useful life of the equipment, typically ranging from 36 to 84 months.
Total Control
Since you own the equipment, you have full control over maintenance, usage, and eventually, the resale or trade-in value.
Equipment Financing FAQs
You do. Unlike a lease where the lender holds the title, an EFA allows you to hold the title to the equipment from the start, while United holds a security interest (lien) until the agreement is paid in full.
Yes. If you are looking to minimize your monthly payments, we can structure an EFA with a balloon payment at the end of the term, similar to a residual in a lease.
Absolutely. We offer "step payments" where your monthly cost can start lower during the ramp-up phase of your equipment and increase later, or seasonal payments that align with your peak revenue months.
The primary difference is titling and ownership. In a lease, the lender owns the asset; in an EFA, you own the asset from day one. However, both can be structured with similar payment flexibility and end-of-term options.