How to Use Equipment Financing to Outgrow Your Competitors Faster (Without Jeopardizing Your Cash Flow or Profitability)
Access $10,000-5,000,000
To acquire essential equipment: Equipment financing allows small businesses to obtain the equipment they need to operate, grow, and compete in their industry, without having to pay the full cost upfront
Minimum
Requirements
No Minimum Time
No Minimum Sales
580 Minimum Fico Score
To preserve cash flow: Equipment financing helps small businesses conserve their cash flow and working capital, which can be used for other purposes, such as payroll, inventory, marketing, or emergencies
To enjoy tax benefits: Equipment financing may offer tax advantages for small businesses, such as deducting the interest paid on the loan or the depreciation of the equipment, depending on the type and terms of the financing
To hedge against inflation: Equipment financing allows small businesses to lock in a fixed interest rate and payment schedule, which protects them from rising prices and inflation in the future
To access flexible terms: Equipment financing lenders may offer flexible terms and conditions for small businesses, such as low or no down payment, longer repayment periods, customized payment plans, or deferred payment
To improve credit profile: Equipment financing can help small businesses build or improve their credit profile, by demonstrating their ability to repay the loan on time and in full, which may improve their chances of obtaining other forms of financing in the future
