Equipment financing is now a famous choice for small businesses, since they rely on equipment to take care of their business. For some, equipment can be the difference between stagnation and growth. Of course, these equipment can get costly, which is where equipment financing comes into play.
Equipment financing is a loan or lease that is used to obtain business machinery and equipment. This can be anything from office furniture to a company vehicle. It is basically approached by either leasing or financing an equipment purchase. View Related articles
Direct & Simple Financing for New or Used Equipment
What Can You Finance?
Here's a few examples of equipment you can lease to own for your business:
- Heavy Equipment - Excavators, Dump Trucks, Cranes...
- Agriculture - Tractors, Combines, Harvesters...
- Forestry - Logging Trucks, Skidders, Backhoes...
- Civic - Mowers, Tow Trucks, Utility Trucks...
- Transportation - Highway Trucks, Containers...
- Manufacturing and Factory Equipment
- Trailers (of any kind)
- Commercial - Printing, Gym, Cameras...
- Welding, Drills, Generators, and Manufacturing
- Compactors, Compressors, and Restaurant Equipment
Don't see it here?
Just ask us if we can do it, and we'll tell you we can.
How it works
Go shopping anywhere. Find new or used equipment for your business.
Get your Equipment with Leasing through Black Insure, get approved, and financed quickly. No hidden costs or scary numbers.
Your equipment is delivered right to you. Just put it to work earning your business increased income.
Things You'll Need
HOW CAN A SMALL BUSINESS SECURE AN EQUIPMENT LEASE?
A small business might not have enough cash on hand to finance a necessary equipment lease. When this occurs, there are number of options small businesses have to obtain financing. You'll learn about these options and how to apply for an equipment lease in this article.
WHAT YOU NEED TO KNOW ABOUT EQUIPMENT FINANCING
For small businesses, equipment financing has become a popular choice because these businesses are frequently in industries that rely on equipment. However, obtaining the necessary equipment necessitates a large capital outflow, which small businesses may not always be able to afford.
The top questions people ask us
We suggest that you talk with a CPA concerning tax guidance, before going into any monetary concurrence with anybody.
We recommend you buy top quality in the first place and match the term with the life expected of the equipment.
For more FAQs, please click here.
Note: These are general Equipment Financing FAQs. We also suggest you read the FAQs for the partner we work with.