Get Preapproved for Equipment Financing Before You Shop
When you know what financing may be available before you shop, you can make equipment decisions with more confidence. You have a clearer idea of what may fit your business, can compare options from a stronger position, and are better prepared to act when you find the...
Your Equipment Broke Down. Should You Repair It or Replace It?
The tire changer is down. Cars are still arriving, tires are piling up, and replacement quotes are on your desk. You need to decide whether to repair the machine or replace it, and every day without it puts pressure on the shop. In that moment, it is easy to feel that...
Can You Finance Equipment Before Your Business Has the Cash for a Down Payment?
If your business needs equipment and the cash for a large down payment is not sitting in the account, here is the direct answer: equipment financing with no down payment is often achievable. Most equipment financing transactions we arrange do not require a traditional...
Does Used Equipment Qualify for Financing?
Used equipment can often be financed. For a business owner, the practical question is whether the equipment and the purchase make sense for the business, and whether a financing source is comfortable with the equipment’s condition, value, and remaining working life....
Can Freight, Rigging, and Installation Costs Be Included in Equipment Financing?
Yes. Freight, delivery, rigging, installation, and certain related costs may be included in equipment financing. Whether they can be financed depends on the lender, the equipment, the transaction structure, and the supporting documentation. It is worth raising these...