THE INNOVATIVE REPORT » January 14, 2016

Daily Archives: January 14, 2016

5 Reasons to Consider Equipment Financing over Purchasing

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.

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