As new opportunities arise, the need for additional equipment becomes urgent. How are you supposed to grow, without growing your fleet to match? Whether a small family or multinational corporation, all companies share a common denominator – cash flow is the lifeblood of business.
Even for companies with large cash reserves, financing equipment acquisitions makes business sense by matching cost to benefit, so cash flow is predictable and justifiable. Rather than tying up your working capital or bank lines, smart business let the equipment benefits pay for the equipment…while their cash reserves and borrowing power work to fund their future success. And that’s just the beginning of equipment leasing benefits.
When a business chooses to finance or lease, the cost of the equipment is spread over a multiple-year term keeping working capital liquid to fund interments such as additional payroll or facility expansion. The business has the (profit-generating) equipment when it is needed, rather than waiting until cash is on hand. And the equipment vendor benefits as well – with a shorter sales cycle and 100 percent cash up front.
- Fast Approvals (Within Hours)
- Easy “No Paperwork” Application
- Hassle Free Process
- Better (and Easier) than a Bank
- Section 179 Friendly
- Used Equipment = OK
- Poor FICO = OK