Machine tool equipment loans through Tech Financial Services, A Five Lakes Company, offer numerous advantages over other financing options. The whole idea behind equipment acquisition is business growth. Tech Financial Services can help you expand and meet your ongoing business objectives. Below are a few of the benefits you can enjoy from purchasing your next piece of equipment and machinery through a TFS loan.
Regardless of the current interest rate environment, we have a financing solution to help you acquire the equipment and machinery your business needs for growth.
* Please discuss these strategies with your accountant.
Tech Financial LLC has provided equipment loans to thousands of businesses across hundreds of industries. We offer multiple types of business financing and loan options so you can build a better business and gain that competitive edge. We are experts at evaluating your needs, to custom-tailor a financing program that works for you! Our advisers consult with you directly to structure a financing program best suited for your business requirements and challenges. We can structure creative equipment and machinery financing can help turn those challenges into opportunities.
Is Purchasing Right For Your Company?
Purchasing equipment and machinery through a loan instead of a lease might be the right financial decision for your business. For example, if the equipment is expected to have a long productive life and can operate without needing a replacement or upgrade then purchasing through a loan might be the best solution.
By choosing a loan, your company can have the ability to utilize the purchased equipment right away, while spreading loan payments over the life of the asset. You can generate income from the equipment, gain equity, and have an opportunity to pay the loan off sooner.
Capital Equipment and Machinery Loan Benefits
- Interest Tax Write Off
- Increased Business Asset Book Value
- Equipment and Machinery Depreciation Tax Deduction
- Keep Existing Credit Lines Open for Expenses
- Preserve Cash on Hand
Several Loan Financing Rates We Offer
When purchasing new or used equipment and machinery, not all clients’ needs are the same. For this reason, we offer two types of capital financing which gives our clients creative financing solutions. We know that financing equipment and machinery can get complicated; therefore we offer several options to ensure we are a financial partner and resource to our clients. A Tech Financial Services advisor can discuss term rates, size, and duration while assessing your capital financing needs.
Low Loan Rates Are Not All You Should Consider
Finding the best rate is only part of financing a purchase. You need to be very careful about hidden fees and unfavorable terms in the contract. We can compare the equipment lease or loan you are considering to ours to make sure you are making the right financial decision for your individual business needs.
* Please discuss all potential contracts with your accountant / attorney.
Tech Financial Services, a division of Five Lakes Financial Inc, is the industry leader in capital equipment financing loans because we recognize the complexities and competitiveness of today’s equipment financing loan market. Our team of advisor’s have a reputation for excellence while making the loan process efficient and customized to the individual equipment and machinery loan needs of our clients.
Equipment and Machinery Loan Benefits of Tech Financial Services
- Competitive Loan Rates
- Simplicity of Applying for a Equipment and Machinery Loan
- Fast Loan Approvals & Funding
- Fair & Honest Loan Terms
- Machinery Loan Experts
- 30 + Years of Machinery and Equipment Loan Experience