The​ ​Insider’s​ ​Guide​ ​to​ ​Equipment  Loans    When​ ​you​ ​need​ ​to​ ​obtain,​ ​update​ ​or​ ​replace​ ​a​ ​critical​ ​piece​ ​of​ ​business​ ​equipment,​ ​such​ ​as​ ​a  restaurant​ ​oven​ ​or​ ​a​ ​dry​ ​cleaning​ ​machine,​ ​equipment​ ​small​ ​business​ ​loans​​ ​financing​ ​can​ ​be​ ​just​ ​the  answer​ ​you’re​ ​looking​ ​for.​ ​Equipment​ ​loans​ ​are​ ​ideally​ ​suited​ ​for​ ​both​ ​startups​ ​and​ ​expanding  businesses,​ ​providing​ ​fast​ ​access​ ​to​ ​the​ ​equipment​ ​you​ ​need​ ​to​ ​get​ ​your​ ​business​ ​going—and  growing.​ ​Here’s​ ​a​ ​closer​ ​look​ ​at​ ​equipment​ ​small​ ​business​ ​loans​ ​and​ ​how​ ​they​ ​can​ ​benefit​ ​your  small​ ​business.   

    What​ ​is​ ​an​ ​Equipment​ ​Loan?    Equipment​ ​loans​ ​are​ ​loans​ ​to​ ​buy​ ​business​ ​equipment​ ​that​ ​is​ ​secured​ ​by​ ​the​ ​equipment​ ​itself.  Instead​ ​of​ ​putting​ ​up​ ​collateral​ ​such​ ​as​ ​your​ ​house​ ​or​ ​your​ ​business​ ​assets,​ ​you​ ​use​ ​the​ ​item​ ​you’re  purchasing​ ​as​ ​collateral.​ ​If​ ​you​ ​don’t​ ​pay​ ​the​ ​loan​ ​back,​ ​the​ ​lender​ ​simply​ ​repossesses​ ​the​ ​item—so  nothing​ ​you​ ​already​ ​own​ ​is​ ​at​ ​risk.   

Why​ ​are​ ​Equipment​ ​Loans​ ​So​ ​Great?    There​ ​are​ ​plenty​ ​of​ ​reasons​ ​why​ ​a​ ​small​ ​business​ ​owner​ ​may​ ​find​ ​it​ ​preferable​ ​to​ ​obtain​ ​an​ s​ mall  business​ ​loans​​ ​equipment​ ​loan​ ​instead​ ​of​ ​a​ ​traditional,​ ​general​ ​business​ ​loan.    Financing​ ​Business​ ​Equipment    They​ ​require​ ​less​ ​documentation.​ ​Traditional​ ​business​ ​loans​ ​typically​ ​require​ ​at​ ​least​ ​two​ ​or​ ​three  years​ ​of​ ​profitable​ ​operation.​ ​This​ ​can​ ​make​ ​them​ ​extremely​ ​difficult​ ​for​ ​startups—and​ ​even​ ​many  thriving​ ​small​ ​businesses—to​ ​get.​ ​Lenders​ ​will​ ​want​ ​to​ ​see​ ​substantial​ ​documentation​ ​before  considering​ ​your​ ​application​ ​for​ ​a​ ​general​ ​business​ ​loan.​ ​Because​ ​equipment​ ​loans​ ​are​ ​secured​ ​by  the​ ​piece​ ​of​ ​equipment​ ​that’s​ ​being​ ​financed,​ ​lenders​ ​are​ ​not​ ​nearly​ ​as​ ​concerned​ ​about​ ​your  business’s​ ​history​ ​or​ ​credit​ ​rating.​ ​You​ ​won’t​ ​need​ ​to​ ​provide​ ​as​ ​much​ ​documentation​ ​to​ ​get​ ​the  equipment​ ​you​ ​need​ ​to​ ​start​ ​or​ ​grow​ ​your​ ​business.    They​ ​enable​ ​you​ ​to​ ​own​ ​cutting-edge​ ​equipment.​ ​If​ ​a​ ​crucial​ ​piece​ ​of​ ​business​ ​equipment​ ​breaks  down​ ​and​ ​needs​ ​costly​ ​repairs,​ ​an​ ​equipment​ ​loan​ ​offers​ ​a​ ​way​ ​to​ ​replace​ ​it​ ​with​ ​the​ ​latest​ ​model.  Isn’t​ ​that​ ​better​ ​than​ ​spending​ ​a​ ​lot​ ​of​ ​money​ ​to​ ​fix​ ​the​ ​old​ ​item,​ ​which​ ​may​ ​not​ ​have​ ​that​ ​many  good​ ​years​ ​left?​ ​You​ ​immediately​ ​get​ ​a​ ​new​ ​piece​ ​of​ ​equipment​ ​with​ ​all​ ​the​ ​latest​ ​bells​ ​and​ ​whistles,  which​ ​can​ ​enable​ ​you​ ​to​ ​produce​ ​more​ ​products,​ ​serve​ ​customers​ ​faster​ ​and​ ​handle​ ​more​ ​business.  In​ ​addition,​ ​many​ ​equipment​ ​financing​ ​programs​ ​offer​ ​trade-in​ ​options​ ​so​ ​you​ ​can​ ​trade​ ​in​ ​the  equipment​ ​for​ ​a​ ​newer​ ​model​ ​after​ ​a​ ​set​ ​time​ ​period,​ ​ensuring​ ​you’ll​ ​always​ ​own​ ​the​ ​newest  equipment,​ ​which​ ​helps​ ​your​ ​business​ ​stay​ ​ahead​ ​of​ ​the​ ​competition.    They​ ​save​ ​you​ ​money.​ ​Equipment​ s​ mall​ ​business​ ​loans​​ ​typically​ ​allow​ ​you​ ​to​ ​finance​ ​80​ ​to​ ​100  percent​ ​of​ ​the​ ​cost​ ​of​ ​equipment,​ ​often​ ​with​ ​no​ ​down​ ​payment.​ ​In​ ​addition,​ ​some​ ​equipment  financing​ ​companies​ ​offer​ ​flexible​ ​repayment​ ​terms​ ​that​ ​can​ ​help​ ​you​ ​maximize​ ​cash​ ​flow.​ ​For  instance,​ ​you​ ​might​ ​be​ ​able​ ​to​ ​defer​ ​your​ ​first​ ​loan​ ​payment​ ​for​ ​90​ ​days​ ​or​ ​choose​ ​whether​ ​you  want​ ​to​ ​make​ ​payments​ ​monthly,​ ​quarterly​ ​or​ ​annually.​ ​The​ ​payments​ ​on​ ​equipment​ ​loans​ ​may​ ​also  be​ ​tax-deductible​ ​as​ ​operating​ ​costs​ ​(be​ ​sure​ ​to​ ​check​ ​with​ ​your​ ​accountant​ ​for​ ​your​ ​specific  situation).    You​ ​get​ ​an​ ​answer​ ​right​ ​away.​ ​In​ ​most​ ​cases,​ ​equipment​ ​financing​ ​companies​ ​make​ ​a​ ​decision​ ​to  approve​ ​or​ ​deny​ ​your​ ​loan​ ​application​ ​very​ ​quickly.​ ​Time​ ​is​ ​of​ ​the​ ​essence​ ​if​ ​a​ ​critical​ ​piece​ ​of  equipment​ ​breaks​ ​down.​ ​Getting​ ​the​ ​financing​ ​you​ ​need​ ​right​ ​away​ ​can​ ​help​ ​you​ ​keep​ ​customers  happy​ ​or​ ​profit​ ​from​ ​increasing​ ​demand​ ​or​ ​seasonal​ ​upswings.    You​ ​increase​ ​the​ ​asset​ ​value​ ​of​ ​your​ ​business.​ ​Your​ ​business​ ​immediately​ ​enjoys​ ​the​ ​value​ ​of​ ​a​ ​new  asset,​ ​without​ ​a​ ​big​ ​cash​ ​outlay.    What​ ​to​ ​Know​ ​Before​ ​You​ ​Go    You​ ​can​ ​get​ ​equipment​ ​small​ ​business​ ​loans​​ ​from​ ​banks​ ​or​ ​from​ ​a​ ​variety​ ​of​ ​alternative​ ​lending  sources,​ ​including​ ​companies​ ​that​ ​specialize​ ​in​ ​equipment​ ​financing.​ ​Working​ ​with​ ​a​ ​company​ ​that’s  familiar​ ​with​ ​the​ ​options​ ​and​ ​can​ ​help​ ​match​ ​you​ ​with​ ​the​ ​right​ ​lender​ ​for​ ​your​ ​needs​ ​can​ ​streamline  the​ ​process​ ​even​ ​more.   

Find​ ​out​ ​the​ ​requirements​ ​for​ ​the​ ​loan​ ​before​ ​you​ ​apply.​ ​Although​ ​credit​ ​requirements​ ​are​ ​less  stringent​ ​than​ ​with​ ​traditional​ ​loans,​ ​there​ ​may​ ​still​ ​be​ ​minimum​ ​credit​ ​rating​ ​levels​ ​or​ ​other​ ​criteria  for​ ​an​ ​equipment​ ​loan.​ ​Get​ ​your​ ​business​ ​up​ ​to​ ​these​ ​standards​ ​before​ ​you​ ​apply.    As​ ​you​ ​close​ ​in​ ​on​ ​an​ ​equipment​ ​loan,​ ​be​ ​sure​ ​to​ ​read​ ​the​ ​fine​ ​print.​ ​Here​ ​are​ ​some​ ​things​ ​to​ ​ask  about:    Default.​ ​If​ ​you​ ​don’t​ ​pay​ ​off​ ​the​ ​loan,​ ​the​ ​financing​ ​company​ ​will​ ​repossess​ ​your​ ​equipment.  However,​ ​if​ ​the​ ​asset’s​ ​value​ ​has​ ​declined​ ​since​ ​you​ ​obtained​ ​it,​ ​you​ ​may​ ​owe​ ​them​ ​the​ ​difference  between​ ​its​ ​current​ ​value​ ​and​ ​the​ ​outstanding​ ​loan​ ​amount.    Collateral.​ ​Be​ ​sure​ ​you​ ​clearly​ ​understand​ ​the​ ​loan​ ​terms​ ​and​ ​are​ ​not​ ​putting​ ​up​ ​any​ ​collateral  outside​ ​of​ ​the​ ​equipment​ ​itself.    Trade-ins.​ ​If​ ​your​ s​ mall​ ​business​ ​loans​​ ​allows​ ​you​ ​to​ ​trade​ ​in​ ​the​ ​equipment​ ​to​ ​get​ ​an​ ​upgrade,​ ​ask  what​ ​is​ ​the​ ​shortest​ ​time​ ​period​ ​before​ ​you​ ​can​ ​trade​ ​it​ ​in.​ ​Some​ ​financing​ ​companies​ ​will​ ​penalize  you​ ​for​ ​trading​ ​in​ ​too​ ​early.    Contact​ ​Details    Ascentium​ ​Capital  23970​ ​US-59,  Kingwood,​ ​TX​ ​77339  (866)​ ​722-8500  Website:  https://ascentiumcapital.com/finance-solutions/small-business-loans-and-working-capital  Google​ ​Folder:​ ​https://goo.gl/eTt2Dt  https://www.youtube.com/watch?v=PkY8fXFhFP4    Recommended​ ​Links    financing  small​ ​business​ ​loans  small​ ​business​ ​loans  equipment​ ​financing  equipment​ ​leasing  short​ ​term​ ​business​ ​loan  equipment​ ​leasing​ ​companies  equipment​ ​financing​ ​companies  equipment​ ​lease  leasing​ ​equipment  construction​ ​equipment​ ​financing  new​ ​equipment​ ​leasing  business​ ​equipment​ ​financing  commercial​ ​equipment​ ​financing  restaurant​ ​equipment​ ​finance  restaurant​ ​equipment​ ​financing  business​ ​equipment​ ​leasing 

equipment​ ​lease​ ​financing  finance​ ​equipment  equipment​ ​finance​ ​software  equipment​ ​leasing​ ​company  what​ ​is​ ​equipment​ ​financing  equipment​ ​finance​ ​agreement  equipment​ ​financing​ ​leasing  heavy​ ​equipment​ ​financing​ ​companies  finance​ ​restaurant​ ​equipment  capital​ ​equipment​ ​leasing  equipment​ ​financing​ ​lease  equipment​ ​lease​ ​contracts  equipment​ ​leasing​ ​contracts  industrial​ ​equipment​ ​financing  advantages​ ​of​ ​equipment​ ​leasing  how​ ​to​ ​lease​ ​equipment  franchise​ ​business​ ​financing  small​ ​business​ ​equipment​ ​financing  construction​ ​equipment​ ​finance​ ​companies  equipment​ ​lease​ ​companies  equipment​ ​leasing​ ​and​ ​finance  simple​ ​equipment​ ​lease​ ​agreement  what​ ​is​ ​a​ ​leasing​ ​company  capital​ ​equipment​ ​finance  capital​ ​equipment​ ​financing  commercial​ ​equipment​ ​lease  commercial​ ​equipment​ ​leasing​ ​companies  commercial​ ​financing​ ​companies  lease​ ​financing​ ​companies  leasing​ ​finance​ ​companies  it​ ​equipment​ ​lease  it​ ​equipment​ ​leasing  equipment​ ​finance​ ​services  equipment​ ​leasing​ ​definition  benefits​ ​of​ ​leasing​ ​equipment  what​ ​is​ ​equipment​ ​finance  what​ ​is​ ​equipment​ ​leasing  small​ ​business​ ​equipment​ ​leasing  business​ ​equipment​ ​lease  business​ ​equipment​ ​leasing​ ​companies  lease​ ​business​ ​equipment  leasing​ ​business​ ​equipment  financing​ ​business​ ​purchase  capital​ ​leasing​ ​companies  commercial​ ​equipment​ ​finance  leasing​ ​equipment​ ​companies  computer​ ​equipment​ ​finance  computer​ ​equipment​ ​financing 

equipment​ ​finance​ ​company  equipment​ ​finance​ ​industry  equipment​ ​financing​ ​and​ ​leasing  equipment​ ​financing​ ​company  equipment​ ​financing​ ​lenders  equipment​ ​lease​ ​company  equipment​ ​leasing​ ​business  equipment​ ​leasing​ ​financing  financing​ ​medical​ ​equipment  healthcare​ ​equipment​ ​financing  medical​ ​equipment​ ​finance  medical​ ​equipment​ ​lease​ ​rates  financing​ ​for​ ​a​ ​small​ ​business  financing​ ​your​ ​small​ ​business  business​ ​equipment​ ​finance  business​ ​finance​ ​leasing  business​ ​lease​ ​finance  new​ ​business​ ​equipment​ ​leasing  financing​ ​business​ ​equipment  capital​ ​equipment​ ​lease  capital​ ​equipment​ ​leasing​ ​companies  capital​ ​lease​ ​financing  equipment​ ​capital​ ​lease  leasing​ ​capital​ ​equipment  financing​ ​capital​ ​equipment  it​ ​equipment​ ​finance  it​ ​equipment​ ​leasing​ ​companies  lease​ ​it​ ​equipment  lease​ ​network​ ​equipment  leasing​ ​it​ ​equipment  equipment​ ​finance​ ​and​ ​leasing  equipment​ ​finance​ ​lease  equipment​ ​finance​ ​leasing  equipment​ ​financing​ ​franchise  equipment​ ​lease​ ​finance  equipment​ ​lease​ ​purchase  equipment​ ​leasing​ ​and​ ​financing  lease​ ​equipment​ ​financing  lease​ ​for​ ​equipment  financing​ ​for​ ​equipment  leasing​ ​equipment​ ​financing  heavy​ ​equipment​ ​finance  lease​ ​heavy​ ​equipment  industrial​ ​equipment​ ​finance  leasing​ ​industrial​ ​equipment  business​ ​leasing​ ​for​ ​dummies  benefits​ ​of​ ​equipment​ ​leasing  software​ ​equipment​ ​leasing 

leasing​ ​of​ ​equipment  financing​ ​for​ ​the​ ​small​ ​business  technology​ ​equipment​ ​financing  technology​ ​equipment​ ​leasing   

Equipment Leasing Companies.pdf

business's ​history ​or ​credit ​rating. ​You ​won't ​need ​to ​provide ​as ​much ​documentation ​to ​get ​the. equipment ​you ​need ​to ​start ​or ​grow ​your ​business. They ​enable ​you ​to ​own ​cutting-edge ​equipment. ​If ​a ​crucial ​piece ​of ​business ​equipment ​breaks. down ​and ...

263KB Sizes 1 Downloads 194 Views

Recommend Documents

pdf-387\call-to-action-for-commercial-equipment-leasing-and ...
Page 1 of 60. Bohol Profile. Bohol. Basic Facts. Geographic Location Bohol is nestled securely at the heart of the Central. Visayas Region, between southeast of Cebu and southwest. of Leyte. Located centrally in the Philippine Archipelago, specifical

NDB Leasing Provides Leasing Facilities to Hybrid and Electric
NDB Leasing Provides Leasing Facilities to Hybrid and Electric Vehicle Segments. Caption: ... services that is accessible through its growing branch network.

2016 LEASING PROCESS SHEET.pdf
Keyswillbeavailableforpick-upatour. officeonyourmove-inday. Page 1 of 1. 2016 LEASING PROCESS SHEET.pdf. 2016 LEASING PROCESS SHEET.pdf. Open.

Cooperative Communication-Aware Spectrum Leasing ...
Apr 5, 2010 - Cooperative Communication-Aware Spectrum. Leasing in Cognitive Radio Networks. Y. Yi. †. , J. Zhang. †. , Q. Zhang. †. , T. Jiang. ‡. , J. Zhang. ╫. †. Hong Kong University of Science and Technology. ‡. Huazhong University

pdf-145\holiday-leasing-specialist-the-ultimate-home-based ...
Try one of the apps below to open or edit this item. pdf-145\holiday-leasing-specialist-the-ultimate-home-based-business-by-john-mccarthy.pdf.

RESERVATION Non-District Leasing 2014-2015.pdf
... policy or administrative. guidelines shall have the right to request a review by the Board. Page 3 of 19. RESERVATION Non-District Leasing 2014-2015.pdf.

Commercial Leasing Must Be Undertaken With Proper Help from ...
Sep 6, 2017 - Commercial Leasing Must Be Undertaken With Proper Help from Experts.pdf. Commercial Leasing Must Be Undertaken With Proper Help from ...

Equipment Financing.pdf
Page 1 of 8. Auto ​Financing ​For ​Smart ​People: ​Tips. For ​Saving ​On ​Your ​Car ​Loan. Save ​money ​on small ​business ​loans auto ​financing ​by ​knowing ​your ​credit ​score ​and ​leveraging. competin

3. Aux Equipment
Monitoring engine performance while travelling far from home is a good idea. I learnt the hard ..... warning to alert when batteries are about to fall off the '' ... able for all power tools, heavy-duty lighting installations such as a small film loc

Equipment Leasing.pdf
Page 1 of 7. How ​to ​Select ​Equipment ​Finance ​for. Your ​Business. Arranging small ​business ​loans ​car ​finance ​or ​purchasing ​other ​business ​equipment ​can ​seem. complicated. ​However, ​there ​is â€

dental equipment
Compact Design. Roomy Interior Chamber. •. 110mm(W) x 110(D) x 110(H). Compact Size / Weight. •. 354mm(W) x 391mm(D) x 527mm(H) / 35Kg. • Stock 2 Trays. (25 units per. tray). Mosi2 Heating Element. 1900°C, Heating Element(Operating 1600°C). â

3. Aux Equipment
Check that the design does not affect the vehicle's approach angle. ..... The tanks get warm, require some effort to fill if a running hose pipe is not ...... ARC is, like many fitment centres, the result of a man's hobby becoming, his business.

Sahakol Equipment - Settrade
Jun 7, 2018 - Operating EBIT margin. 19.5. 16.1. 7.6. 30.0. 30.5. 26.9. (4.7). 6.2. 0.0. Operating EBITDA margin. 42.0. 39.2. 33.0. 45.6. 44.5. 42.6. 22.7. 32.2.

Equipment Checklist.pdf
Page 1 of 1. Equipment Checklist.pdf. Equipment Checklist.pdf. Open. Extract. Open with. Sign In. Main menu. Displaying Equipment Checklist.pdf.

COMPREHENSIVE EQUIPMENT RANGE
processing hard and soft rock, sand and gravel, ore and industrial minerals. Our offering ..... construction, and affordable wear components, separate us from the .... rail-car loading and unloading stations, ore pass recovery ..... Motor Drive.

Commercial Leasing Must Be Undertaken With Proper Help from ...
Commercial Leasing Must Be Undertaken With Proper Help from Experts.pdf. Commercial Leasing Must Be Undertaken With Proper Help from Experts.pdf.

Better Buildings Partnership Leasing Index Results - 20141209.pdf
Cite this presentation as: Dawson, B., Bailey, E. and Thomas, B. (2014, December 9). Progress. of Best Practice Leasing: Better Buildings Partnership Leasing Index. Results Sydney CBD. Research presented at the BBP Progress of Best. Practice Leasing

www.antcq.blogspot.com - Contracting, Heavy Equipment and ...
www.antcq.blogspot.com - Contracting, Heavy Equipment and Safety Tools.pdf. www.antcq.blogspot.com - Contracting, Heavy Equipment and Safety Tools.pdf.

Ward Equipment List.pdf
Whoops! There was a problem loading more pages. Ward Equipment List.pdf. Ward Equipment List.pdf. Open. Extract. Open with. Sign In. Details. Comments.Missing: