Tag: equipment financing
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To Rent, To Lease or To Buy: Obtaining Expensive Equipment for Your Business
Any small business owner stuck between buying or renting essential equipment knows that the query is not a simple binary. Making a choice you are firmly satisfied with requires both a full understanding of your current financial standings as well as a clear picture of where you anticipate your business to stand in the future.…
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What Is Heavy Equipment Financing?
KEY TAKEAWAYS Whether you’re in construction, agriculture, or another industry that requires large equipment to operate, heavy equipment financing can provide a valuable tool to procure essential machinery without depleting your working capital. Heavy equipment financing, like all financing, has both pros and cons. While it can offer tax benefits and flexible payment terms, it’s…
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6 Business Alternatives for Bank Loans and When They Make Sense
Need financing for your business but can’t qualify at a bank? There are various financing alternatives to keep your operations running. Borrowing money is an essential part of building a small business. But when you need a loan, traditional lenders like the bank might not be an option. They tend to have strict small business…
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Is Equipment Financing an Option For You?
Every small business owner will agree that running a business is very exciting and challenging. From managing an office filled with computers and printers, break rooms and vending machines to purchasing on-the-ground supplies for transportation services or construction businesses, every piece of equipment matters. That is why equipment financing can be exceptionally beneficial in easing some of…