How Financing Can Benefit Your Business
Use vs. Ownership:
The value of equipment is in its use, not its ownership. Financing enables you to pay for
the equipment with future profit instead of working capital.
Affordability:
Financing results in low monthly payments, and the equipment can be purchased for a
nominal cost at the end of the lease term.
Fixed Payments:
Fixed payments avoid the uncertainty of variable (floating) interest rates typical of bank
financing.
Cash Conservation:
Monthly payments leave cash available for operational expenses or seasonal cash
flow needs.
Preserve Credit Lines:
Borrowing from the bank shrinks available credit lines. Financing ensures that credit
lines are available for non-equipment uses.
Tax Advantages:
Lease payments (Off-balance sheet structure) may be tax deductible against income.
Easy:
A simple, one-page application is generally all that is required for approval.
Quick:
You can be approved for financing within one business day of receiving
complete information.