Can I get a no‑money‑down equipment lease in Nevada?

Yes — Nevada businesses with FICO 620‑679 and a DSCR of 1.25x can obtain a no‑money‑down equipment lease in 2026. See the rate you qualify for in 2 minutes.

The specifics

A zero‑down lease in 2026 generally requires a fair‑credit FICO range of 620‑679 and a minimum debt‑service coverage ratio (DSCR) of 1.25×. Lenders also look for monthly debt service that does not exceed 8‑12% of gross revenue and a debt‑to‑income ratio under 40% of gross monthly revenue. According to bankrate.com, the typical APR for a fair‑credit borrower is 9–12%, and terms usually run 48 to 84 months. Most leases are secured by the equipment itself, allowing the lender to waive collateral requirements and sometimes lower the APR by 1‑3%.leasefoundation.org A 48‑month contract keeps total interest on the lower end, while an 84‑month term can add 20‑30% more interest over the life of the lease.

Monthly payments will typically fall within 8‑12% of your gross monthly revenue, which aligns with industry norms for equipment leasing. Lenders also verify that your business has at least three to six months of operating cash reserves to cushion against cash‑flow disruptions. According to the 2025 Small Business Credit Survey results posted by the Federal Small Business Administration, 87% of lenders listed these thresholds as key eligibility factors. You can validate your own eligibility by uploading financial statements to the lender’s portal and running a quick pre‑qualify check, which takes less than a minute. Use our affordability calculator to see your expected monthly payment and residual value within minutes.

Qualification & edge cases

The eligibility rules shift on the margin. If your business is newer than 12 months or if your DSCR falls below 1.25x, many lenders will ask for a 15‑20% down payment or require a personal co‑guarantor. A FICO below 620 usually triggers a down payment request for most lenders. If you are on the borderline but can provide strong cash‑flow projections or a sizable cash reserve (3‑6 months of operating expenses), some specialty lease programs may still allow a zero‑down arrangement, albeit at a slightly higher APR.

Background & how it works

Equipment leasing turns a large upfront capital outlay into predictable operating expenses, preserving working capital for growth. Because the lease payment is treated as an operating expense, it can reduce taxable income for the period. Leasing is secured by the asset, which allows lenders to offer favorable terms compared to unsecured loans. In 2026, the market continues to grow as manufacturers and service providers seek flexible financing, and airlines and other sectors report higher lease demands. Learn about denial rates in 2026 on the 2026 denial study. For instance, a Nevada urgent‑care startup can use leasing as part of its funding mix, as detailed in the recent article on urgent‑care startup financing.

Bottom line

Nevada companies with a FICO 620‑679 and a DSCR of 1.25x can secure a zero‑down equipment lease in 2026. Check your qualifying rate now—no credit‑score hit and approval in 30‑45 days.

Disclosures

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

Sources

• bankrate.com
• leasefoundation.org
• fedsmallbusiness.org