Advantages of Financing

Every business needs new equipment at some point. Existing equipment gets old and outdated, and additional equipment is often needed to grow a business. Nearly 80% of companies in the U.S. finance their equipment purchases. They recognize that it is more important to have and use the equipment to remain competitive.

There are many advantages to equipment financing. Here are the reasons we feel are most important to your customers:

  • Credit Availability
  • Conserve Working Capital
  • Flexibility
  • Prevent Equipment Obsolescence
  • Tax Advantages
  • Budget Friendly
  • No Down Payment Required
  • Fixed Monthly Payments
  • Choose Payments and Terms
Credit Availability - Financing preserves lines of credit, which saves bank borrowing capacity for other needs or emergencies.

Conserve Working Capital - Get the equipment and technology needed today while spreading payments over time. Capital budgets can be used for other business expenses and more productive operational uses.

Flexibility - Changes in the economy, emerging competition and expansion require flexible options for a small business. Financing allows a business to grow or change with the tide quickly without large up-front costs.

Prevent Equipment Obsolescence
- Technology changes rapidly. Software and equipment your customer purchased two years ago is most likely outdated. At the end of the financing term, there is the option to purchase the equipment, trade it in for newer technology or return it outright. Best of all, you can keep your customers' businesses at the forefront of their industry.

Tax Advantages
- For most finance agreements,monthly payments may be fully tax deductible as an operational expense. The benefits and amount change annually, so customers should consult a tax advisor for more information on IRS Section 179.

Budget Friendly - Financed equipment can create income for a business that far exceeds the cost of the monthly payment. Through fixed monthly payments, budgets can be stretched to obtain additional equipment that your customer couldn't have afforded otherwise.

No Down Payment Required - Unlike some loan programs, your customers can finance 100% of their equipment and include additional costs such as software, shipping, installation, maintenance and training into the total package.

Fixed Monthly Payments - Financing allows your customers to use equipment they need for as long as they need it, for a fixed monthly payment. If interest rates skyrocket, their payment does not change.

Choose Payments and Terms
- Your customers know how much their business can afford to spend on new equipment. With financing, they can pick the best payment solution for their business. Extended terms, flexible payments and equipment upgrades are all available.

Contact us to speak with a Marlin Representative to discuss how offering financing can benefit your business' bottom line. Share this information with your customers! Click here for a PDF on the advantages of leasing. You can print it out and share it with your customers!