What Is Equipment Financing?
Equipment leasing is basically a loan in which the lender buys and owns equipment and then “rents” it to a business at a flat monthly rate for a specified number of months. At the end of the lease, the business may purchase the equipment for its fair market value (or a fixed or predetermined amount), continue leasing, lease new equipment or return it.
.png)
.png)
$13.70
Get the equipment financing you need to grow and maintain your business.
The benefits of this financing model are numerous and include: low rates, fast approval, tax advantages and a wide variety of lease types.
Likely Tax Advantages Under IRS 179
Finance Rates as Low as 5%
Flexible Payback Terms from 3 Months – 5 years
Numerous Types of Leases (True, FMV, $1 buyout, etc.) for All Businesses
Fast Approvals – Often Same Business Day