Business equipment loans typically use your purchase as collateral and might come with longer repayment terms and lower ...

Financing used equipment can be a more budget-friendly option compared with financing new equipment, but it often comes with higher interest rates and shorter repayment terms. Many, or all, of the ...

Business equipment loans can help you preserve cash for other purposes. You can use an equipment loan to purchase computer systems, commercial vehicles and more. The equipment you finance often serves ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Adding equipment is a critical component of the growth ...

When companies of any size acquire equipment, using credit and monthly payments is far and away the most popular option. Which typically means either financing or leasing the equipment. While the ...

For businesses looking to expand and stay competitive, equipment financing can be a helpful resource. The right financing allows your company to acquire essential machinery and tools without a large ...

If you need to invest in new equipment, you may be wondering if you should finance the equipment or buy it outright. While owning your equipment sounds appealing, there are many advantages to ...

Equipment loans may have specialized terms and loan amounts over traditional business loans Equipment leases can be a capital lease or an operating lease You may need at least two years in business ...

Equipment manufacturers, as well as their customers, look at construction equipment financing as routine. A necessity if you will — especially if you don’t have the hundreds of thousands of dollars ...

Equipment loans can be used for large assets that could strain cash reserves If you fail to pay your equipment loan on time, the lender may seize the asset to recoup their loss Equipment loans often ...

*This article is sponsored by Viking Equipment Finance. An equipment sale leaseback is a financial arrangement where a company sells its equipment to a leasing company or financial institution and ...