Equipment Financing

Equipment Financing Business Planning from The Startup Garage
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Equipment financing provides funding for companies looking to purchase equipment, but lack traditional funding sources to pay for the purchase.  Typically with equipment financing loans, the cost of the equipment is spread out over the course of a payment plan which extends over a number of years.  For these loans, the equipment is used as collateral to help secure the position of the lender and lower the interest rate on the loan.

Equipment financing is often used by growing companies to purchase necessary equipment, but may also be used by established companies to replace tired equipment or upgrade equipment to remain competitive.  Some equipment financing companies require a business history of at least 3-years and rates may vary based on how long the company has been in operation.

 

Whether you have a question about Equipment Financing, or you’d like to discuss our business plan writing services, feel free to contact us for a free consultation!
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About Tyler Jensen

I work with entrepreneurs who are looking to attract investment and get out of the "Garage". I am passionate about helping entrepreneurs start companies that matter. I helped launch over 100 Companies, Non-Profits and Social Enterprises. I consider myself a serial entrepreneur, startup coach & trusted advisor. * Launching New Companies (For Profit, Non-Profit and Social Enterprise) * Expert Business Plan Writer * Extensive Network of Business Relationships focused on Launch & Rapid Growth of New Companies * Startup, Growth, Marketing, Technology, Web, Business Systems * Trusted Advisor to CEO’s & Entrepreneurs * Capital Raising Strategy Development * Startup Team Development The first company I started and sold is VAVi Sport & Social Club which grew to over 25,000 members in six years, was recognized as San Diego’s 30th fastest growing private company in 2006 by the San Diego Business Journal and 32nd fastest in 2007, and sold for over 25X the capital investment.