Business Equipment & Vehicle Loan

One asset can make all the difference.

Business Equipment and Vehicle Loan 101

Borrow up to 100% of that vehicle price tag, or 80% to help cover the cost of new or used equipment or a used vehicle. The item you purchase will act as collateral on your loan, and you can choose a loan term between 60 and 84 months.

Make way for more open doors.

Whether it’s a delivery car or new tractor, machinery that helps you meet your customers’ needs has more value than paper can hold — it’s the lifeblood of your business. Don’t let the difference between where you are and where you’re going hold you back from getting it. With our Equipment and Vehicle Loan, you’ll be on the road to growth in no time.

Business Equipment & Vehicle Loan Benefits

Let’s team up

Our business services team is here to support you and everything you do. Anytime you need to talk shop, reach out directly to us at 931.436.9088 or email us at

We travel for business

On the road or at the conference, keep your money close with our mobile app and online banking.

Your network just got bigger

Our business members enjoy access to credit union branches and ATMs all around the world — surcharge-free. Learn more about how to find a Fortera-friendly credit union near you.

Goal setting made simple

Our skilled experts are easy to reach and happy to help. For members and non-members alike, meetings and consultations are always free, so make the most of your money, on us.

Rest easy

With us, your money is always protected and insured by the National Credit Union Administration. You’re covered on all deposits up to $250,000, so save away.

Statements that save

....Trees, space, and worry. Always enjoy access to 18 months worth of e-statements. Keep more trees, toss your file cabinet, and know your info is always safe and sound.

Apply for free

You’ve got enough on your plate. That’s why our business loan applications are always free.

Easy pay, easy go

When you set up Auto Bill Pay in online banking, you can make payments from wherever you are. So set that out-of-office and take a break. You’ve earned it.

Get rollin'

Don’t go another day without the gear you need for your business. Schedule an appointment and apply today for a Business Equipment and Vehicle Loan.

Take our card. If you're creative and courageous, you're our kind of person.

  • Phone: 931.431.6800
  • Email:

Need a hand?

Tag us in. Whether you are on your couch or halfway around the world, use our video chat to get quick answers from a friendly face. Give us a call and let us know how we can help.

Is the Business Equipment & Vehicle Loan a secured or unsecured loan?

This is a secured loan. Your loan is secured by the vehicle or equipment you are getting the loan for.

Can I make additional payments on a Business Equipment & Vehicle Loan?

Yes! You can make additional payments on all Fortera Loans.

How much financing can I receive with the Business Equipment & Vehicle Loan?

We know how important the right tools can be for a successful business. That is why we will finance up to 100% for a new auto and up to 80% for a used auto.

Can I get a Business Equipment & Vehicle Loan for new and used items?

Yes, we can provide loans for both new and used equipment and vehicles.

What documents do I need to apply for a Business Equipment & Vehicle Loan?

To verify your identity, we always ask that you come prepared with a government-issued ID. It is important that it is not expired. Examples of acceptable IDs include a State Driver's License or a U.S or Foreign Passport. If we have trouble validating your ID, we may ask for a secondary ID. If you have a question about whether or not an ID can be used, just text us at 931.431.6800 or chat with us at Please click here for full list of the documents you will need.

Can I apply for the Business Equipment & Vehicle Loan online or do I need to apply for it at a branch location?

You do need to call us or come into a branch to open this account. We are working toward having easy online applications soon. In the meantime, please call us at 931.431.6800, email us at, or schedule an appointment to open an account.

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What's New

Nitty, gritty, and super important.

Fine print is your friend. When you have a minute, give these a good read:
Business Rate and Fee Disclosure
View PDF

New Business Equipment or Vehicle Loan Payment Example: For a $50,000 equipment or vehicle loan for a term of 6 years (72 months) with a 6.49% APR, the monthly payment will be $840.38.

*Higher amortization for a lower payment means the loan will have a balloon payment on the 5-year maturity date. The same loan with a 60-month (5 year) amortization will have a monthly payment of $4,862.87.