Match financing to useful life
A productive asset can often be evaluated in the context of how long it will be used, what it contributes to the business and how quickly it may become obsolete.
Equipment can affect structure
Asset type, age, condition, vendor, resale market, down payment and business financial strength may all affect available financing terms.
Preserve operating liquidity
Financing an appropriate business asset may allow a company to avoid using all of its available cash for a single capital purchase.
Common business uses
- Machinery and production equipment
- Commercial vehicles
- Technology and systems
- Restaurant or hospitality equipment
- Construction and service equipment
- Replacement of aging productive assets
Important: Financing is not guaranteed. Availability, structure, pricing, collateral, guarantees and repayment terms depend on underwriting and the facts of the transaction.