Can I use my own bank for equipment financing?

Yes, you can use your own bank for equipment financing. Many banks offer loans specifically for the purpose of purchasing business equipment, and it’s common for businesses to approach their existing bank for such financing options. 

Banks, online lenders, and specialized equipment financing companies provide loans for this purpose. It’s important to compare the terms and rates from your bank with those from other lenders to ensure you get the best deal for your situation. Remember, the equipment itself often serves as collateral for the loan, which can be an advantage if you’re looking to minimize upfront costs.