Understanding How Equipment Financing Can Help You Meet Your Goals

How does Equipment Finance do what few other financers can do? This is not a one size fits all solution. How can equipment finance help you accomplish your business goals? Bring you unparalleled asset management experience in a broad spectrum of industries which will help you tap into vastly increased value from your existing collateral. seasoned financial restructuring experience allows for you to craft a contract that brings you flexible payments, affordability, and liquidity.

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One of the many benefits of equipment finance is that it leverages your existing assets with an interest only loan and thus only requires the initial payment on the equipment. The interest is subtracted from the amount available to you during the life of the equipment lease. With this financing option you can use the funds for any purpose that takes place within the terms of your equipment finance agreement. As an example, you could use the capital to make improvements to the property, purchase additional capital equipment, pay down debt, or even take advantage of an asset sale.

When working with equipment finance, your first step should be to consult a qualified and experienced equipment financing expert to help you navigate the many details involved in this important financing option. The equipment financing expert should be able to review your business plan with you and help you determine the best financing option to meet your unique needs and goals. If you are looking to purchase equipment for your business, you may be required to obtain a federal tax credit which is available through the Small Business Administration. Because you are considered a small business you will need to provide detailed information about your company to the equipment finance specialist. The specialist will then work with the IRS to help you obtain the tax breaks and other incentives which are available to small businesses to further enhance your investment in the equipment.