Complete Equipment Financing and Leasing Options
In business, there’s rarely a “perfect” solution. Many times, you have several options than provide different benefits for your company. This is the case with equipment financing and leasing opportunities. Some business owners may prefer taking out a loan, and others want the freedom of equipment leasing. At Fast Capital Lenders™, we offer both options, and we’re happy to help you analyze important factors to make a great choice.
What Factors Can Help You Choose Equipment Financing or Leasing?
There are several things that can affect your decision to lease or buy high-quality equipment:
- Available capital
- Time in business
- Business assets owned
- Type of company
- Need to upgrade
- Purpose of equipment
At Fast Capital Lenders™, our team never pressures you into a loan that makes you uncomfortable. If making loan payments every month would put your cash flow in danger or pose a hardship on your business, perhaps leasing is a better choice. On the other hand, if you’ve been in business for years, you may want to take advantage of your savings to obtain the best interest rates possible.
How To Use Equipment Loans
Our equipment loans feature amazing interest rates for established businesses. They provide significant capital — enough for construction businesses to buy heavy equipment or for manufacturing companies to purchase production machinery. There are many types of equipment that fit this type of long-term usage, including restaurant equipment, construction tools, diagnostic equipment and service equipment.
How Sale-and-Lease-Back Programs Work
If you have additional equipment that you’ve paid off years ago, you may want to check out our sale-and-lease-back program. This provides you with a business loan that you can use in countless ways:
- New equipment
- Real estate purchases
- Office expansion or remodeling
- Other types of business growth
In exchange for this favorable loan, you switch to leasing the piece of equipment from us. This is an excellent way to finance growth, especially if your credit score doesn’t allow for a conventional loan.
Direct equipment leasing also has a number of benefits, such as being able to upgrade frequently. To learn more each option or to get started, contact our financing experts.