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Business funding with monthly payments for office equipment

Friday 08 June 2018 at 08:58 am.

Equipment financing and leasing are among the business funding options that lending companies offer. As a business owner, it’s essential to change your office equipment especially when it needs to get upgraded. If this is your first time to apply for an office equipment, here are the things you need to know:

Reasons to apply

One of the reasons to apply for an office equipment is office upgrade. Whether you upgrade an office furniture or a hardware, it’s the best reason to request for this fund. Other reasons to apply includes replacement of obsolete equipment, revamping your fleet, catching up with the latest technology, upgrading aging machinery and becoming efficient and productive with new tools. Click here to know more about Business funding with monthly payments site www.libertycapitalgroup.com.

Benefits of the loan

The loan offers many benefits, which makes many business owners to prefer the equipment loan than using their cash to upgrade their equipment. Among the benefits include the following:

  • Wide range of terms – Whether you need a monthly or a fixed payback, the loan can provide it to you.
  • Express funding – If you’re looking for an express funding that can approve up to $75,000, it’s the loan for you.
  • Credit score – If you have a credit score of 600 (minimum) FICO score requirement, you’re eligible for the loan.
  • Large funding – If you want a loan larger than $75,000, you can request for this loan. You can have a financing assistance up to $500,000 per location.
  • Fast funding – If you’re in a hurry because your major equipment breaks down, you can apply for this loan. You can get approved as fast as 24 hours up to 48 hours.
  • Start-ups – If you’re a start-up company, you’re eligible for the loan.

Other features include no application fee, no additional collateral required, finance new or used equipment, no down payment required and finance new or used vehicle.