Business equipment loans typically use your purchase as collateral and might come with longer repayment terms and lower borrowing costs ...

Financing used equipment can be a more budget-friendly option compared with financing new equipment, but it often comes with higher interest rates and shorter repayment terms. Many, or all, of the ...

Kiah Treece is a former attorney, small business owner and personal finance coach with extensive experience in real estate and financing. Her focus is on demystifying debt to help consumers and ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Adding equipment is a critical component of the growth ...

When companies of any size acquire equipment, using credit and monthly payments is far and away the most popular option. Which typically means either financing or leasing the equipment. While the ...

Equipment loans may have specialized terms and loan amounts over traditional business loans Equipment leases can be a capital lease or an operating lease You may need at least two years in business ...

Equipment loans can be used for large assets that could strain cash reserves If you fail to pay your equipment loan on time, the lender may seize the asset to recoup their loss Equipment loans often ...

Equipment manufacturers, as well as their customers, look at construction equipment financing as routine. A necessity if you will — especially if you don’t have the hundreds of thousands of dollars ...

*This article is sponsored by Viking Equipment Finance. An equipment sale leaseback is a financial arrangement where a company sells its equipment to a leasing company or financial institution and ...

Restaurants, airlines and all types of businesses in between need to finance the upkeep — or upgrade — of their equipment, even in a recession. Equipment finance is big business at a growing number of ...