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There are three main options for financing business equipment: loans, leases and sale-leasebacks. Even the best equipment loan may require a down payment of 10 to 20 percent, but you own the ...
A business equipment loan is designed specifically for buying equipment and is secured by the equipment itself. Equipment loans can't be used for any other business need. Equipment leasing is ...
Equipment loans help business owners finance the purchase or lease of essential business equipment. From general term loans and lines of credit to equipment loans and loans backed by the SBA, your ...
Equipment loans often start around 6 percent, which is a good interest rate for creditworthy business owners. But average rates for bad credit can get up to 35 percent or higher. Where can you ...
Cons. Limited to financing equipment. May require a down payment. Loan could outlast life of equipment. Pros of equipment loans. If you need to acquire equipment for your business, there are lots ...
Small business financing (also referred to as startup financing - especially when referring to an investment in a startup company - or franchise financing) refers to the means by which an aspiring or current business owner obtains money to start a new small business, purchase an existing small business or bring money into an existing small business to finance current or future business activity.
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