Triton Capital Small-Business Loan Review 2025
Triton Capital’s online equipment loan helps entrepreneurs secure essential business equipment and offers flexible repayment schedules.
Overview
The bottom line:
Triton Capital equipment loans are a good option for bad-credit borrowers who need to finance various types of business equipment, but you’ll need at least $150,000 a year in revenue to qualify.
Loan details
Min. Loan Amount
$5,000
Min. Term Length
12 months
Min. APR
6%
Max Loan Amount
$250,000
Max Term Length
5 years
Max APR
34%
Qualifications
Min. credit score
580
Min. Time in Business
24 months
Min. Annual Revenue
$150,000
Pros & Cons
Pros
No down payment required.
Low credit score requirement.
Repayment schedules available in monthly or longer terms.
No prepayment penalties.
Can be used to build business credit.
Cons
Relatively high annual revenue requirement.
Charges an origination fee.
Website lacks transparency.
Editor's note: While Triton Capital also offers general working capital and SBA loans, this review focuses on its equipment financing.
Triton Capital is an online lender offering small-business loans
When you buy equipment using a Triton Capital loan, the equipment itself serves as collateral
Triton Capital is best for borrowers who:
- Have bad credit. With Triton Capital’s equipment loan, you may qualify with a credit score as low as 580.
- Don’t want to make frequent payments. Triton Capital allows borrowers to repay their equipment loans either monthly, quarterly, annually, semiannually or seasonally.
- Have an established business. Triton Capital requires annual business revenue of $150000 or more. It also charges higher interest rates for businesses less than 24 months old.
Triton Capital loan requirements
To qualify for an equipment loan from Triton Capital, you’ll need to meet the following minimum requirements:
- Credit score: 580.
- Time in business: 24 months. (More expensive loans may be available for younger businesses.)
- Annual revenue: $150000.
...
Triton Capital equipment loan features
| Loan amount | Up to $250000. |
| Estimated APR | 6.5% to 34.99%. |
| Fees |
|
| Terms | 12 to 60 months. |
| Repayment schedule | Monthly, quarterly, annually, semiannually or seasonally. |
| Funding speed | Approval within two to four hours, and funding in one to two business days. |
Where Triton Capital stands out
Flexible repayment schedule
Triton Capital offers a more flexible repayment schedule than many lenders, allowing borrowers to make payments monthly, quarterly, annually, semiannually, or even seasonally. In contrast, many other online lenders require weekly or even daily repayments.
Low credit score requirement
Triton Capital’s equipment loan has a minimum personal credit score requirement of 580, making it a potential option for bad-credit borrowers. And because the lender reports payment activity to commercial credit bureaus, borrowers may be able to build their business credit history by making timely payments.
» MORE: Best bad credit business loans
From Our Nerds: Flexible financing can offer a lifeline for seasonal businesses
“Triton Capital’s flexible repayment schedule can benefit businesses with fluctuating cash flow, allowing them to align loan payments with revenue cycles. Less frequent payments — something not all lenders allow — reduces administrative headaches and gives borrowers more time to generate the sales needed to repay their loan.”
Ryan Brady, lead writer, Small Business
Where Triton Capital falls short
Not a good choice for startups
Because Triton Capital requires $150000 or greater in annual revenue and charges higher interest rates for businesses less than 24 months old, this loan may not be the best fit for startups.
» MORE: Best startup business loans
The website isn't very transparent
Triton Capital provides limited details about its equipment loan on its website, requiring prospective borrowers to reach out to a company representative for more information. For example, it doesn’t disclose its qualification criteria or APR range. NerdWallet gathered that information from the lender.
Alternatives to Triton Capital
National Funding
National Funding is another online lender offering equipment loans for small-business owners. It only requires 6 months in business to qualify for funding, making it a good option for startups. National Funding also stands out by offering prepayment discounts, allowing borrowers who pay off their loans early to save. However, it has a lower funding limit of $150000 compared with Triton Capital’s $250000, and a higher minimum credit score requirement of 600.
JR Capital
Like Triton Capital, JR Capital provides online equipment loans to businesses that have been operating for at least 24 months, but requires a slightly higher minimum credit score of 620. While Triton Capital’s equipment loans are capped at $250000, JR Capital offers financing up to $10 million, making it a good alternative for larger purchases.
» Want more options? Check out our list of best equipment loans