Updated · LoanHelp editorial team · Editorial policy
Most equipment financing conversations go faster when you can show what you are buying, how long the business has operated and roughly what it earns. This free checklist lists what to gather before and after you send an inquiry.
About the equipment
- Seller quote, invoice or spec sheet with make, model, year and price
- Serial number or VIN, when the exact machine is identified
- Whether it is new or used, and whether you are buying from a dealer or a private seller
- The down payment you plan to put in, if any
About your business
- Legal business name and the state it is registered in
- When the business started (month and year)
- A rough range for monthly revenue
- What the equipment will be used for and what it should earn or save
Documents a financing partner may ask for later
- Recent business bank statements (several months is common)
- Business tax returns
- Dealer or seller contact details so the quote can be confirmed
Before you send your inquiry
- Run the payment estimate so you know the range you are comparing against
- Keep your phone nearby: our trusted financing partner responds within 1 business day by phone, text or email
- Decide how much you can comfortably pay each month
Want a number first?
The equipment payment estimator shows an illustrative monthly payment from the machine and price. For the full picture across products, see what you need to get business financing.
Common questions
- Do I need every item before I can send an inquiry?
- No. The LoanHelp inquiry form asks for business basics only. The checklist shows what tends to speed up the conversation afterward, so you can gather it while you wait.
- Does LoanHelp ask for my Social Security number or bank account numbers?
- No. The inquiry form does not collect a Social Security number, date of birth, tax ID, bank account numbers or a home address. Our trusted financing partner may ask for more if you choose to move forward.
- Is the checklist a guarantee of approval?
- No. Having these items ready does not guarantee approval, a rate or any terms. Our trusted financing partner reviews each inquiry.
- Is the checklist free?
- Yes. There is nothing to sign up for and no email address to enter.