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

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: businessservices@forteracu.com


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.

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.

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.

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 forteracu.com. 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 businessservices@forteracu.com, or schedule an appointment to open an account.

You may also like...

Business Line of Credit

Borrow once, then take what you need when you need it.

Business Access Certificate

Offers a fixed rate that sets you up for dependable savings over a 12-month term.

Business Essential & Gold Checking

These accounts provide secure, easy access to your money, plain and simple.

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.