Should your business finance or purchase your next equipment need? Here are 5 situations in which you should use financing.
- Your business is short on cash flow. Financing means your business pays a lower initial expense/cost. Equipment Financing does not always require a down payment, therefore you can acquire a new asset paying a monthly fixed cost in place of paying thousands of dollars for a new piece of equipment at the time of purchase. It is also very common for the financing monthly payment to be lower than loan monthly payments to a bank.