Frequently asked questions.
Straight answers about credit checks, rates, timelines, and how working with a financing broker actually works.
Before you apply
Eight questions we hear most. Anything else, send it over or call (949) 981-8817.
Does applying affect my credit score?
No. Our initial review uses a soft inquiry, which does not affect your score. If you move forward to final underwriting with a specific lender, we'll tell you before anything further happens.
What does “application only” actually mean?
For most deals under $250,000, the one-page application plus a soft credit pull is the entire package. No tax returns, no financial statements, no interim P&L. Above $250,000, lenders generally want financials, and the timeline extends accordingly.
Can you finance used equipment or a private-party sale?
Yes on used equipment, which makes up a large share of what we fund. Private-party sales are workable but need a few extra steps to verify the seller and the equipment, so budget a little more time than a dealer purchase.
What rate should I expect?
It depends on credit profile, time in business, equipment type, and term. Quoting a single number before seeing your file would be guessing. Strong files with five-plus years and high-700s credit price competitively against bank equipment terms; we'll show you real numbers, not a teaser rate.
Do I have to have picked out the equipment already?
Practically, yes. We can approve you in advance so you know your budget walking into a negotiation, but funding requires a specific machine, a seller, and a price. If you're still deciding whether to buy at all, apply once that firms up.
How fast does funding actually happen?
Decisions typically come back within one business day on application-only files. From approval, funding speed mostly depends on how quickly documents get signed and the vendor invoice is verified. Same-week funding is normal, and equipment deals with a quote in hand move fastest.
Who do you work with?
Established businesses across the United States, generally operating for 2+ years with a 625+ credit profile for our standard programs, seeking between $15,000 and $25 million+. Start-ups are considered on an individual basis with strong credit and strong assets. Construction, transportation, agriculture, medical, manufacturing, and restaurants make up much of what we fund, but the model works for most equipment-heavy industries.
Who is AB Funding?
We're an equipment finance company based in Sioux Falls, South Dakota, and a member of the National Equipment Finance Association. We place transactions with a panel of funding sources that includes companies named to Monitor's 2026 Monitor Best list, which lets us match a file to the lender most likely to approve it on the best terms rather than pushing every deal through one box.
Still have a question?
Ask us directly, or check your options in about thirty seconds. The initial review is a soft inquiry.