Can Equipment Financing Benefit Your Business?
The equipment you need to run a company successfully is often a significant expense. If you do not secure equipment financing to help you obtain the software, computers, heavy machinery ad diagnostic tools your business needs you may end up using all of the cash you have on hand, reducing company growth in other areas. Whether you prefer equipment leasing or financing options, NeoVation Business Solutions & Services can provide you with the loan solutions you need.
Choose To Finance Equipment
NeoVation Business Solutions & Services offers various payment structures so you can pay back your equipment loan on your own terms. We require little to no collateral and you do not have to show a financial statement for applications under $150,000. We customize loan amounts of up to $500,000.
Find the Right Program
Because every company has individual needs in terms of equipment, we offer four types of programs for equipment loans. Choose which of the following programs would be most beneficial for your business.
- Sale and lease-back programs: We buy the equipment you need and lease it to you until you can afford to buy it.
- Startup programs: We provide new businesses with equipment loans.
- Government and municipal programs: Public entities are guaranteed approval for equipment loans.
- B, C and D programs: We offer equipment loans to companies with imperfect credit histories.
Decide To Lease Equipment
If you do not want the responsibility of financing equipment, you also have the opportunity to lease it. This option allows you to upgrade machinery easily whenever new models become available and you will also earn significant tax advantages. You are not responsible for routine maintenance or repairs and by renting equipment, you can use the cash you have on hand for other needs and preserve existing lines of credit.
Contact Us Today
Regardless of which type of machinery your business needs, NeoVation Business Solutions & Services can help you obtain it. Contact us today to learn more about our equipment financing options.