For many contractors, one arm of their business is seasonal. Take landscapers for example. In most climates, by November grass cutting and lawn maintenance winds down until Spring. That’s when many landscaping contractors move into snow plowing and/or holiday light decoration services. It is usually during these layover months that contractor’s realize their seasonal equipment needs repair, an upgrade, or even replacement.
As in most businesses, time is money. Many contactors just do not have the time to wait for an equipment financing decision from their banks. That process is lengthy, requires extensive paperwork and documentation, and even then, an application can be turned down due to a lower than required FICO or a higher debt load.
Equipment Financing Options from AdvancePoint Capital!
In recent years, increasing numbers of contractors have found their equipment financing solutions through alternative lenders. When you need to make an equipment purchase fast, turn to the alternative lender leader who works with you to achieve your goals, AdvancePoint Capital. Perhaps the most significant way we differ from banks is the speed with which you’ll have your funding, which you can use to purchase the equipment your business needs, be it desks, computers, and office furnishings, to step-vans, snow plows, dump trucks, whatever!
What can equipment financing do for you and your business? These loans provide quick access to the cash required for a down or full-payment for your new equipment. There is far less paperwork required to apply, too. If your credit is less than perfect, that’s no problem: the equipment itself will serve as loan collateral. Equipment financing terms will vary, but generally can be as long as the anticipated service life of the equipment purchased. For a confidential consultation about equipment financing, call us today! We’re available to take your call 24/7 at (800) 381-8920.