Every business needs immediate access to the best equipment in order to operate successfully and make a profit. Equipment financing gives your business the best opportunity to acquire equipment in an effective manner. One excellent way to obtain equipment financing is through a lease. A lease is great for businesses because it does not squeeze cash flow or tie up receivables, credit cards, or bank lines.
Equipment financing through a lease offers your business a competitive edge by minimizing tax liability and protecting against equipment obsolescence. Financing your equipment can be a better choice for your business because you do not need large amounts of collateral in order to get approved. It’s much easier to acquire the equipment your business needs without much hassle.
Your business can acquire almost any type of equipment through equipment financing, such as:
- Agricultural equipment
- Computer equipment and software
- Audio/Visual equipment
- Office furniture and equipment (copiers, fax machines, etc.)
- Photo processing equipment
- Construction and Industrial equipment
- Restaurant equipment
- Telephone systems
- Manufacturing equipment
- Medical equipment
- Point-of-sale systems
- Tractors and trailers.