Asset fit
Match the financing term to the expected useful life and role of the equipment in the business.
FINANCING PRODUCTIVE ASSETS
Equipment Financing
Financing support for machinery, vehicles, technology, medical equipment, and other assets used to operate or expand a business.
Equipment financing works best when the asset has a clear operating purpose. Useful life, purchase cost, installation, maintenance, and the revenue or efficiency the equipment is expected to support all matter.
Total project cost
Include freight, installation, software, training, taxes, and other costs beyond the sticker price.
Vendor timing
Coordinate approvals, deposits, delivery dates, and installation milestones.
Operational impact
Evaluate how the equipment may affect capacity, quality, labor, revenue, or downtime.
COMMON USES
MachineryCommercial vehiclesMedical equipmentTechnology systemsRestaurant equipmentQUESTIONS TO ASK
Is the equipment new or used?
How soon is delivery required?
Will the equipment replace or add capacity?
What cash flow will support the payment?