Download
1 / 8
80 likes | 85 Views
As one of the leading business equipment finance providers, Whether you lease, hire or buy, Select My Loan could have the right equipment loan broker (solution) for you. Visit: http://www.selectmyloan.com.au/equipment-finance.html
E N D
What is Equipment Loan? • A loan, which is taken out to express the purpose of purchasing equipment • Similar to a car loan • A form of self-secure funding • Helps the start-ups to get the capital they need to buy expensive equipment which is required to start making money
For example, a new transportation service business need an equipment loan to buy a truck • Equipment loans for a start-up businesses, can be referred as a type of small business loan product called equipment financing
With business equipment finance, a lender will typically advance you up to 100% of the cost price of an equipment • So, here, you’re applying to finance a exact definite purchase • You’ll get a quote in advance that either you or an equipment loan broker with whom you’re working will submit to the lender
How to choose best equipment financing company for your business? • Go for a company that offers the type of arrangement that works for you • Look for which arrangement offers you with the best tax benefits • Get the advice of the equipment loan broker to help you choose the best equipment financing company
How Equipment Loan is Helpful in Business Needs? • Give the capacity to get the gear you’re looking for at a price that won’t bury your start-up business • Ideal for a start-up business • lenders see them as lower risk • They’re easier to qualify for
Three main things to what makes equipment loans for a start-up businesses work so well • Equipment loans for the start-ups are easier to qualify for than other, unsecured loans • Equipment loans for the start-ups grant access to more feasible charges • It’s hard to afford equipment as a start-up business
Select My Loan Pty Ltd www.selectmyloan.com.au 1800 883 007 info@selectmyloan.com.au
