The Right Conditions – Lending on the Rise
Despite supply chain disruptions, signs of inflation, and the emergence of the Delta coronavirus, new business volume is strong with U.S. equipment borrowing on the rise according to the recent Equipment Leasing and Finance Foundation survey of economic activity. For some small businesses, now may be the right time to expand by purchasing new, revenue generating equipment.
Whether you’re in construction looking to purchase excavation machinery, in agribusiness seeking technology efficiencies, or in manufacturing looking to update processors, equipment is the lifeblood of business, as well as the key to growing revenue streams. Current economic conditions such as low-interest rates and fewer competitors make this the perfect time to grow by seeking favorable payment options.
Financing is Attractive – Low Rates, Flexible Lending Plans
- Borrowing costs are low right now as the economy slowly makes its way back to “normalcy.”
- Strong economic growth over the next year is expected and businesses have to be ready to expand. New equipment will handle customer demand and increase revenue.
- Finance packages that offer flexible lending plans to allow for seasonal business and require little or no cash outlay.
Companies looking into equipment financing will increase revenue from updated equipment. Inquire about our current $0 down lending options, lease and finance advantages that fit your needs, or get started with a simple online quote request.View All News & Views