Maybe you’re trying to avoid starting with business debt, but a loan is a clever option to reduce risk for your startup.
Cash flow issues, competitor market changes, and emerging technology pose a threat to every business. Financing your equipment helps you keep cash in reserves for dealing with those emergencies as they crop up.
Equipment Financing is available to help you establish your own business and to keep it profitable. Actually, not just profitable, but growing. Equire helps you find the option that’s advantageous for you.

What you gain from Equipment Financing:  

1. Improved cash flow. You can spread the purchase cost over a few months. This lets you direct your cash reserves to advertising.
2. Access to premium equipment. The cheapest model isn’t always the best choice. A loan can help you get better machinery to outdo the competition. 
3. An easier credit approval process with better rates. Equipment financing is easier to obtain because there’s built-in collateral. It may also come with better rates and terms than other small business loans, including SBA-backed loans, because there is less risk for the lender. 
4. A business asset. Once you pay off the loan, you own the equipment. When you want to upgrade you can sell the equipment to finance a new purchase. 
5. Increased profits. With more or better equipment your company can produce larger quantities or better quality products for a greater profit.
6. Competitive edge. Buying better or more capable equipment can let you offer better products or services than competitors.
7. Lower tax liability. New equipment bought with a business loan, can qualify for a tax deduction, so you get to keep more of your earnings.

These are just some of the benefits that make Equipment Financing the smarter choice.

78% of U.S. businesses finance their equipment, regardless of company size and industry. 

Start your own business on solid ground and give yourself greater ability to weather the expected (and unexpected!) bumps in the road.

Contact Equire to find the best Equipment Financing offer, perfect for you. 

Do you know the difference between a smart loan and a foolish (and costly) business move? Read about it here.