Financing for New and Better Equipment
If your business needs equipment to function and you need financing that helps you purchase or lease tools, Prosperity Lending Group offers equipment financing. We have three different programs for you to choose from, so you can obtain the machinery you need, whether it’s computer equipment or bulldozers.
Why You Should Lease Your Company’s Equipment
Perhaps the most obvious benefit is that your business can acquire new and updated equipment. In turn, you can potentially increase your workload, grow your business and keep abreast of the competition. In regards to the leasing agreement, the following are the terms you should be aware of:
- No more than five days for approval of applications
- Fixed payments
- Line of credit preservation
- Tax benefits
- Little or no down payment
- Low payments
- 84-month term limits
What Programs You Can Choose From
We know that not every leasing program is right for each and every business, which is why there are three distinct programs for equipment leasing that we offer. Our experts can help you decide which program can benefit your business the most when you contact us. These programs are as follows:
- A government program: This helps government and municipal agencies obtain the equipment they need, whether it’s for the armed services, police stations, fire departments, public schools or libraries.
- A startup program: This provides the opportunity for new companies and those established under two years ago to acquire the machines or tools needed to scale their business.
- A lease-to-own program: This enables companies to lease equipment we purchase until the end of the loan agreement. Ownership is then transferred to the company after the repayment period is over.
Lease Your New Equipment Today
Your new equipment for your business is within reach! Call Prosperity Lending Group and speak with our team about applying for the equipment financing we offer so you can outfit your business with the technology you need to succeed and grow.