1.

Cash Management – Equipment financing allows your customers to preserve cash on hand for other day-to-day business expenses such as inventory, personnel and marketing.

2.

Preserve Credit Lines – Equipment financing allows your customers to keep their existing bank credit lines open for other operating expenses.

3.

Conserve Working Capital– Your customers can put your equipment to use while spreading payments over the life of the asset. This allows them to generate income before paying for it in full.

4.

Other Investments – By financing your equipment, customers can use their upfront cash for other personal or business investments that could produce a higher rate of return.

5.

Tax Advantages – Section 179 of the IRS Code may allow your customers to deduct the full value of the equipment, even if it is 100% financed. The tax savings can be significant.

6.

Quick & Easy – Securing funding through a finance company is quick and easy. Conversely, banks may not understand your equipment and may require your customers to secure it with additional collateral. Customers appreciate simplified equipment financing that can be completed with a short application and minimal paperwork. This allows your customers to get equipment quicker and start earning revenue with it.