Equipment finance provides loans and leases for machinery, vehicles, medical equipment and industrial assets. It is a stable, well-paid niche blending banking, sales and analysis. Here is what the career looks like.
What Equipment Finance Does
Companies buy expensive equipment they cannot pay upfront; financiers lend or lease it, earning interest or fees. The industry spans lenders, leasing companies, brokers and manufacturers' captive finance arms.
Common Roles
- Underwriter/credit analyst: assess risk and structure deals.
- Sales/relationship manager: originate and manage deals.
- Portfolio/asset specialist: monitor and manage leased assets.
- Operations: documentation and closing.
Skills and Rewards
Success blends analytical skill, sales and customer trust. Compensation is competitive with banking roles, with a favourable work-life balance in many firms.
FAQ
Do I need a finance degree?
Highly useful but not mandatory; analytical roles value modelling and credit skills.
Is equipment finance growing?
Yes — infrastructure and SME expansion continue driving demand.
Related: Cost of Capital and Financial Statements.