Equipment Finance for Small Businesses

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Equipment Finance for small businesses.

When you need equipment or specialist software to run your business it can leave you in a tight fix if you opt for a straight purchase over finance. You purchase what you need and now you have no cash to run your business. Sound familiar?

As a business owner, you understand the importance of having the latest and greatest tools and technologies available to you. Having the right equipment is often the difference between success and failure as a business owner.

Unfortunately, the cost of acquiring certain equipment can be expensive. Regardless of whether you are a start-up, an emerging or established company, purchasing equipment to meet your business needs takes away needed working capital. If you are looking to purchase new equipment or upgrade your existing inventory, why not consider the advantages of equipment financing as a way to meet your equipment purchase needs?

There are several options when it comes to equipment finance, and it often covers things you wouldn’t expect it to. Finance can be secured for everything from Software, to medical equipment, to furniture, manufacturing equipment, aviation equipment and everything in between!

About Equipment Financing

Equipment financing is a form of business financing used to provide companies with the capital necessary to purchase needed equipment. The process provides you with the funds necessary to secure the purchase of needed capital equipment for your business. The equipment purchased acts as security or collateral for the loan, meaning that, as long as the loan is repaid in a timely manner, you have continued use and access to the equipment. If a default should occur for any reason, the equipment will be used to secure the balance of the outstanding loan amount plus any additional costs.

Debt financing of your equipment allows you to have access to the equipment necessary to grow your business and upgrade quickly to newer technology in order to maintain your competitive advantage – without draining your working capital.

How Equipment Financing Benefits Your Business

• Improved Cashflow
• Access to the right equipment immediately
• Flexibility to increase or update equipment
• Access to finance – even with bad credit

We pride ourselves on finding solutions for small business owners that fit their immediate and long-term needs. Don’t think you can’t secure equipment finance just because you don’t have good credit. There’s always a way.

We’re here for you.