BENEFITS OF FINANCING
Cash Flow is King
Effective cash flow management is an extremely important element to a successful business – small or large. Equipment financing offers business owners a means to acquire equipment based on an operating budget – not based on capital or cash on had.
ADDITIONAL BENEFITS INCLUDE:
Tax Advantages – There are tax incentives for purchasing new equipment; the amount you save in taxes could be greater than what you pay in the first year of a lease. Their new equipment could make you money from day one!
100% Financing – Since a lease often doesn’t require a down payment, it’s equivalent to 100% financing.
Flexibility – As businesses grow and needs change, you may be able to add or upgrade equipment at any point during the financing term.
Asset Management – Financing provides the use of equipment for specific periods of time at fixed payments. The financing company assumes and manages the risk of equipment ownership. At the end of the term, if you elect to return the equipment, the financing company is responsible for the disposition of the asset.
Flexible End of Term Options – There are typically three flexible options at the end of a term. You can return the equipment, purchase the equipment from the finance company or extend the financing for an additional period of time.
|CAN YOU…||FINANCING WITH MARLIN||CASH PURCHASE||BANK LOAN|
|acquire equipment with out a substantial cash outlay?||YES||NO||NO|
Most banks require a large down payment.
|upgrade or add equipment without difficulty?||YES||NO||NO|
Most banks require reapplication for another loan.
|match payment to your current cash flow?||YES||NO||NO|
|avoid affecting your bank lines of credit?||YES||NO||NO|
In fact, you will be affecting it a great deal.
|get approval for financing in one day?||YES||NO||NO|
It could take days or even weeks.
|customize your payment plan or even defer payments?||YES||NO||NO|
5 Easy Steps
- SHOP – Find the equipment or software solution you need for your business.
- APPLY – Complete a simple credit application. Once the application is complete, we will begin the credit approval process and have an answer to you within two hours.
- SIGN – Upon approval sign one page finance agreement.
- RECEIVE – Upon receiving your equipment or software, Marlin will commence the finance greement.
- PAY – Once the finance agreement is commenced, your first invoice will arrive within 30 days and you will be billed monthly for the duration of your finance term.