Is Equipment Financing a Good Investment for Your Business?
Equipment is vital for every business. From diagnostic tools to computers, the equipment your business needs to operate effectively can often be expensive, and you may not want to deplete all of your cash on hand for such purchases. Cumberland Financial offers equipment financing and leasing options to help you afford the equipment your company needs.
Programs To Choose From
Businesses fall into different categories because they have various needs when it comes to equipment financing. Cumberland Financial offers the following programs to help different types of businesses obtain the equipment they need to thrive.
B, C and D programs: we finance equipment for companies with imperfect credit histories.
Sale and lease-back programs: you can sell your equipment, and then lease it back, providing you with needed cash.
Startup programs: qualify for equipment loans even if you’re a new company.
Government and municipal programs: public entities, such as libraries and police stations, can receive guaranteed approval for equipment loans.