Smart Investment for Equipments
Equipment Loans
Traditional Equipment Loan
Secured Loan
Unsecured Loan
Equipment Leasing
Operating Lease
Finance Lease (Capital Lease)
Sale and Leaseback
Hire Purchase
Ownership of the equipment automatically transfers to the hirer at the end of the hire period after all payments have been made.
Chattel Mortgage
Lender provides a loan for the purchase of equipment, and the borrower takes ownership at the time of purchase. The lender holds a mortgage over the equipment as security until the loan is repaid.
Lines of Credit
A flexible financing option where a business is approved for a maximum loan amount and can draw on these funds as needed. It provides flexibility but typically requires good credit.
Vendor Finance
The equipment supplier provides financing to the buyer, often in partnership with a financial institution. This can streamline the purchase process and may offer competitive rates.