Used equipment finance options provide you with a quick and relatively easy way to get the equipment you need to operate your business. Used equipment leasing services offer a variety of used equipment finance options with little or no money down. The pre-tax write-off will also help your bottom line.

Used equipment leasing companies typically offer you a buy-out at the end of a lease or an opportunity to turn in the equipment and upgrade with additional used equipment financing solutions. Used equipment leasing can help you to fight inflation with set costs. And used equipment is often as good or better than new. In addition, used equipment financing through used equipment leasing companies can help your business:

1. Lease used equipment to remain debt-free even as you upgrade and increase production

2. Get used heavy equipment leasing quickly, bypassing lengthy credit checks

3. Keep your monthly payments low with used equipment financing while you grow

Action Steps
The best contacts and resources to help you get it done

Conserve your cash and credit rating with used equipment leasing

A lease on your books does not show up as capital, just a monthly expense that is tax deductible. By leasing used equipment, you reserve your cash flow for other business expenses. And since the used equipment leasing companies own the equipment until the final buyout, your credit is never in jeopardy.

I recommend: Trident Leasing Corporation works with small- and medium-sized business for used equipment leasing solutions. Keystone Leasing can give you used equipment financing quotes online even as you continue to shop around.

Avoid bank approval waiting and get your equipment quickly with used equipment leasing plans

Get used equipment leasing financing quotes and approval within hours from some used equipment leasing services. The risk is minimal for used equipment leasing companies who offer used heavy equipment leasing because they have the equipment as collateral as long as the lease is in force. While you need positive credit ratings to receive a good deal to lease used equipment, the credit requirements are not as strict as a standard commercial lender.

I recommend: Capital Funds Leasing can get approval to finance used equipment as quickly as 24 hours. GCR Capital provides same day approval for many used equipment finance options.

Use your cash for marketing and staffing by leasing used equipment

Save your cash flow to grow your business. Take advantage of used equipment leasing solutions to get a feel for the industry if you are new in your business. Refinance over and over again, freeing up cash flow even if you have been in business for years with creative used equipment leasing.

I recommend: Advantage Leasing is a national company that offers used equipment leasing solutions up to $200,000. iBank can get you used equipment financing quotes from a number of used equipment leasing services for comparisons.

Tips & Tactics

Helpful advice for making the most of this Guide

• •  Payments can often be negotiated with used equipment leasing companies, especially if you are a repeat customer.