Financing Is FAST, EASY And FREE!
RJ Russo is not a lender but has partnered with the leading finance companies in the marketplace to provide you competitive rates across a broad spectrum of financial needs. So get an INSTANT quote, choose the best payment plan, and apply for a pre-qualified lease… all in less than 2 minutes.
Why Use Equipment Financing?
Benefits For Businesses Financing Equipment
New Equipment is a requirement to grow your business, improve productivity and realize operational cost efficiencies. Equipment Financing might be the best solution to meet your business needs.
Managing cash flow is a challenge for businesses of all sizes especially when you need to add equipment. Financing can put that equipment to work for you without a major capital investment and with real cash-flow advantages. Here are the key benefits for equipment financing:
Low Monthly Payments
Equipment financing gives you use of equipment without having to wait to pull the full cost of the equipment together and often requires lower payment than other methods of financing. Best of all, you can often afford higher quality equipment that is more cost effective to operate.
Acquire Equipment Without Tying Up Capital – Lower On-Book Debt
Where other types of financing require a hefty down payment, equipment financing can be 100% financing. Most agreements require an advance of only one or two month’s payment plus a security deposit. Equipment financing puts the equipment to work for you immediately, at a minimal up-front cost.
Protect Your Lines of Credit
Equipment finance payments have no impact on your credit lines with your bank. Your borrowing power is preserved for other business opportunities and to manage daily operations.
Maintain a Competitive Edge
The latest and best equipment lets you do the job faster, more efficiently and cheaper than the competition. Equipment financing gives you the advantage of the latest available technology at a more affordable cost.
“The newest innovation” doesn’t stay new. Equipment financing gives you today’s best technology and then lets you upgrade when the equipment has outlived its advantage. You can eliminate the hassle of selling equipment at a depreciated value.
Take Care of the “Hidden Costs”
Equipment financing gives you more than just the equipment. It also can cover the cost of delivery and installation. Your financing includes everything it takes to actually put the equipment to work for you.
Realize Tax Advantages – Lower After-Tax Cost
Purchases are made with after-tax dollars. Your financing payments are usually considered a pre-tax business expense and as such may reduce your taxes.
Equipment financing payments are little more than a line-item in your monthly cost of operations – a minimal bookkeeping effort that frees you from time-consuming depreciation schedules.
Guard Against Market Conditions with a Fixed Payment
Remember iterest rates can skyrock in a single year. Unlike bank lines of credit, with variable rates, equipment finanace payments are fixed – no matter what happends to the market tomorrow.
Equipment Financing Adds Up to Good Business Sense
A properly tailored equipment financing program gives you the benefit of having the equipment you need without all the risk and financial pressures.