Meridian Equipment Finance

What Meridian Equipment Finance does

Meridian Equipment Finance LLC is a U.S.-based equipment leasing and financing company operating as a wholly-owned subsidiary of Meridian Bank, an FDIC-member institution headquartered in Exton, Pennsylvania. The company provides equipment financing solutions to commercial entities across at least eight verticals, including agriculture, construction, healthcare, manufacturing, material handling, landscaping, fabrication, and auto body/repair. Contract sizes extend up to $300,000, with a streamlined one-page application available for amounts up to $150,000, and the company advertises 100% financing, flexible terms, fast approvals, and same-day funding.

The business operates through three distinct origination channels: Direct Borrowers (direct B2B sales to end customers), Vendor Partners (equipment vendors embedding financing at point of sale), and Broker Partners (financial intermediaries arranging financing for commercial clients). All operations are run from a single Exton, PA headquarters with a 1–10 person team, leveraging the parent's banking license, regulatory standing, and balance sheet. The company generates revenue primarily through interest income and leasing fees from its equipment finance portfolio, and holds memberships in industry associations ELFA, AACFB, and NEF.

There is no disclosed proprietary technology platform, AI/ML capability, or mobile/web application — the offering is relationship-driven, delivered through phone and email contact. No external funding rounds, acquisitions, or leadership changes are disclosed; founder and president Joseph Pucci leads the subsidiary. The company does not disclose revenue, origination volume, or portfolio data in the available source material.

Name

Meridian Equipment Finance

Legal name

Meridian Equipment Finance LLC

Website

https://meridianef.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

Meridian Equipment Finance is a Pennsylvania-based, bank-affiliated equipment lessor offering contracts up to $300,000 to U.S. SMBs across agriculture, construction, healthcare, manufacturing, and other verticals via direct, vendor, and broker channels.

Ownership category

akta.pro rank

Product category

Equipment Financing

NAICS

Commercial and Industrial Machinery and Equipment Rental and Leasing (5324), Sales Financing (52222)

SIC

Finance Lessors (6172)

akta.pro primary industry

SME Equipment & Asset Finance (Leasing, Fleet, Capex) (FSABABAH)

Keywords

• Equipment financing
• Equipment leasing
• Commercial lending
• Business equipment loans
• Vendor financing programs

Headquarters

HQ city

Exton

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Equipment Leasing and Financing: Provides leasing and financing solutions to commercial entities for equipment purchases. Offers include flexible terms, contracts up to $300,000, and 100% financing options. Revenue is generated through interest income and leasing fees from equipment financing arrangements.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels1 record

Core offering

Meridian Equipment Finance provides leasing and financing solutions for commercial entities purchasing business equipment. The company offers contracts up to $300,000 with flexible terms, 100% financing, and a one-page simplified application for amounts up to $150,000, delivering fast approvals and same-day funding. Services are distributed through three channels: Direct Borrowers, Vendor Partners, and Broker Partners.

Product overview

Meridian Equipment Finance is a single, unified equipment financing and leasing platform offered through a subsidiary of Meridian Bank. The core offering is equipment financing with contract amounts up to $300,000, available via three service channels: Direct Borrowers (for end-user businesses seeking financing), Vendor Partners (for equipment sellers offering financing), and Broker Partners (for intermediaries brokering financing). All channels share the same product infrastructure—fast approvals, same-day funding, flexible terms, and up to 100% financing.

Differentiator

Problem solved

Functional benefit

Products and services

• Equipment Financing Equipment financing and leasing solutions for commercial entities, offering contracts up to $300,000 with flexible terms, fast approvals, and same-day funding across agriculture, construction, healthcare, manufacturing, and other industries.
• Vendor Partners Program Channel program enabling equipment vendors to offer Meridian financing solutions to their customers at point of sale, expanding the vendor's sales capability through embedded financing.
• Broker Partners Program Partnership channel for financial brokers to connect their commercial clients with Meridian's equipment financing solutions, enabling intermediaries to source financing for their customers.
• Direct Borrowers Direct equipment financing access for commercial borrowers seeking financing for essential business equipment, featuring one-page applications for amounts up to $150,000, 100% financing, and direct contact with decision makers.

Segments8 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• ELFA (Equipment Leasing and Finance Association)minorOthersProud Member Of ELFA. Professional membership organization for the equipment leasing and finance industry providing networking, education, and advocacy for member companies.

Scale indicators1 record

Expansion highlights3 records

Direct peers

• Balboa Capital: Balboa Capital is a direct competitor providing small-ticket equipment financing and leasing to SMBs across multiple verticals with similar contract sizes and speed-of-funding value proposition.
• Ascentium Capital: Ascentium Capital specializes in equipment finance and leasing for businesses, offering vendor and direct channels comparable to Meridian's three-channel model across similar small-ticket verticals.
• Direct Capital Corporation: Direct Capital is an equipment leasing and finance company serving SMBs with similar deal-size ranges and multi-vertical coverage, competing head-to-head in the small-ticket commercial space.
• Marlin Business Services: Marlin is a long-standing direct equipment finance competitor focused on small-ticket commercial leases and loans to SMBs across industries overlapping with Meridian's verticals.
• Northstar Leasing: Northstar Leasing provides small-ticket equipment leasing to businesses via a broker/channel-led model, closely mirroring Meridian's broker partner distribution motion.

Broad incumbents

• DLL: DLL is a global equipment finance subsidiary of Rabobank with broad vertical coverage including agriculture, construction, and healthcare — overlapping significantly with Meridian's served industries but at much larger scale.
• CIT Group (First Citizens Bank): CIT's Equipment Finance division (now part of First Citizens) provides commercial equipment financing at meaningfully larger deal sizes across verticals overlapping with Meridian, representing a scaled incumbent competitor.
• U.S. Bank Equipment Finance: U.S. Bank's equipment finance unit offers commercial equipment leasing and loans across many of the same verticals as Meridian, leveraging the broader U.S. Bank commercial relationship network.

Regional players

• AgDirect (Farm Credit): AgDirect provides equipment financing specifically for agricultural producers — directly overlapping with Meridian's Agriculture vertical — and operates primarily through the Farm Credit System network in rural America.

Emerging players

• Wisetack: Wisetack is a fintech offering embedded point-of-sale consumer and SMB financing for equipment and services, representing a digital-first emerging competitor that could encroach on Meridian's small-ticket speed advantage.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/meridianef

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Meridian Equipment Finance