Equipment financing is one area that banks and specialty lenders often compete in. An established bank relationship will allow a company to avail the best interest rates to buy new equipment. Often the equipment vendor will also lend money against it either as a loan or a lease (very common for vehicles) or have relations with some equipment lenders for the same. There are other specialty asset based lenders as well that will finance used equipment on a standalone basis. This is often done based on liquidation value and is meant to be short-term because the interest rates are higher but it provides a company the cash injection it needs.