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
Conserve your cash and credit rating with used equipment leasingA 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.
Avoid bank approval waiting and get your equipment quickly with used equipment leasing plansGet 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.
Use your cash for marketing and staffing by leasing used equipmentSave 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.
- Payments can often be negotiated with used equipment leasing companies, especially if you are a repeat customer.