Equipment financing will help you purchase or rent the equipment your business needs to function.
With our financing, you will have the funds that can help your company grow to new heights!
What is Equipment Financing?
This type of financing allows a business to quickly and cost-effectively acquire, replace, or upgrade the necessary hard assets needed for their business to function. This is used specifically for financing a piece—or set—of important equipment. Generally, this is done without significant cash outlay. This is also a lower-risk way to obtain needed equipment than other alternative financing options.
How Does Equipment Financing Work?
Equipment financing is used when a business needs equipment but does not have sufficient funds or credit to buy it. In many cases, the equipment purchased is used as collateral to secure the loan. Utilizing our expert help in financing your most valuable equipment can give you the funds needed—without depleting your cash flow.
Our clients use equipment financing to:
Purchase expensive equipment that they cannot afford upfront
List of all jobs currently working on (construction)
Federal Tax Identification #/W-9
Equipment Financing
For Small Businesses
Who uses equipment financing? Any business that uses hard assets such as:
Vehicles
Computers
Complex machinery
Businesses often get our financing assistance for:
Purchasing expensive equipment
Replacing outdated or damaged equipment
And more!
Benefits of Financing Your Equipment
— Especially with Factor Funding
Reduce Your Credit Risk and Grow Your Business
Don’t try to float debt on credit cards or consider other creative financing solutions that could risk your credit. Contact Factor Funding today to learn how to reduce your credit risk and grow your business through our equipment financing program.
Years of Experience
Factor Funding has been around for 20 years. We provide much-needed financing and other business services throughout the United States.
Get In Touch With Factor Funding
To Get Started with Equipment Financing
What better way to get the peace of mind you need surrounding your business funding than from an expert with years of experience helping countless others in exactly the same way?
Reach out for assistance to ensure that your feeling of being in a rut over finances doesn’t last long. We get companies the quick cash they need to get things done in the here and now.
Waiting around won’t get you to the next level and help you reach the goals you know your business is destined to achieve. We look forward to chatting about your company’s needs and how we might be able to partner with you. Here’s to your success!
Other Small-Business Funding Options
ACCOUNTS RECEIVABLE Factoring:
Selling an invoice or accounts receivable to obtain immediate cash is called factoring. Essentially, factoring receivables...
