Can I Get No‑Money‑Down Financing for Metal Fabrication Equipment in New Hampshire?

Yes — a New Hampshire shop can secure a zero‑down lease for CNC or laser equipment with a 620–679 credit score and a 1.25× DSCR, terms 48–84 months, 9–12% APR. See your rates in 2 minutes — no credit‑score hit

The specifics

Zero‑down leasing is available when a fabrication shop meets the typical threshold of at least $200 k in gross monthly revenue and keeps a debt‑service coverage ratio (DSCR) of 1.25× or higher. Lenders like those highlighted in the 2026 Horizon Report require a fair‑credit score of 620–679 and usually offer lease terms of 48 to 84 months with an APR of 9–12 % for new equipment and a 1–2 % premium for used machines [leasefoundation.org]. By pledging the equipment as collateral you can offset the typical 15–20 % down‑payment requirement and often receive a 1–3 % APR reduction [elfaonline.org]. Use the affordability‑calculator to see monthly payments relative to your revenue.

Qualification & edge cases

If your credit drops below 620 or your DSCR is under 1.25×, most lenders tighten terms or ask for a co‑guarantor. Businesses with revenue under the typical 8–12 % debt‑to‑revenue ceiling may face higher APRs or a request for personal guarantees. Older equipment (over five years) adds another 1–2 % APR on top of the base rate. Firms on the margin can still qualify by compiling a solid three‑year profit‑and‑loss statement, detailed work‑order pipeline, and, if needed, a second collateral lien [liontechfinance.com].

Background & how it works

Equipment leasing grew to $1.34 trillion in 2026, with a forecasted 5 % annual increase for industrial machinery [equipmentleases.com]. Manufacturers keep a steady pipeline of orders, and lenders value the tangible equipment as collateral, which is why zero‑down leases are economically viable. The industry also benefits from Section 179 tax deductions of $1 220 000 in 2026, giving shops a strong incentive to deploy new capital equipment [elfaonline.org].

Industry guides also show that New Hampshire’s state incentives, coupled with local shop data, position equipment financing as a top growth lever in the region [fabricationshoploans.com/fort-worth-tx].

Bottom line

Zero‑down leasing gives New Hampshire fabricators the bandwidth to upgrade CNC, press brakes, or laser cutters without draining cash. With a 620–679 credit score, sufficient DSCR, and a solid work‑order history, you can lock in 9–12 % APR over 48–84 months. See your rates in 2 minutes — no credit‑score hit

Disclosures

This content is for educational purposes only and is not financial advice. metalfabricationfinancing.com may receive compensation from partner lenders, which may influence which products are featured. Rates, terms, and availability vary by lender and applicant qualifications.

Sources

• leasefoundation.org
• elfaonline.org
• liontechfinance.com
• equipmentleases.com
• fabricationshoploans.com/fort-worth-tx