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equipment finance

what is equipment financing

Equipment Financing: Everything You Need to Know

Equipment financing is a way that businesses can get new equipment without having to pay a large amount upfront. It works like a rental agreement where businesses choose the length of the loan and make a monthly repayment. These types of loans are often flexible and offer competitive interest rates which can provide a lifeline to small businesses who can’t afford to purchase expensive equipment outright. Things like vehicles, machinery, tools, and office furniture are all items that can be purchased through this financing method. If you’re considering equipment financing for your business, but want a bit more information, read … Read more

What You Need to Know About Asset Finance

If you’re in business, you may have heard the term ‘asset finance’ thrown around once or twice before. Put simply, asset finance is a type of lending that can help your business grow by enabling you to have access to essential items without the need to pay for them upfront. Asset Finance Explained As mentioned above, asset finance is a type of business finance designed to help businesses grow. With this type of lending, a business is required to make regular payments in exchange for the use of an asset over a period of time. It’s not uncommon to hear … Read more

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