Tag: Equipment Financing

Blog | jnadealerprogram.com

Equipment Financing is a loan to purchase your equipment or tools for production. Some lenders provide recurring payment terms that include interest. As an assurance to the lender, they will require to hold a property as collateral against your loans. You will own the equipment free of a claim once you paid your loan in full. Also, Read: Small Business Guide: How to Figure Out Labor Cost Arrangement of Equipment Loan may also force you to provide additional business or personal assets. Failure to pay your loan results in lenders reclaiming your business or personal [more]


Blog | jnadealerprogram.com

What is Best for Your Business: Leasing or Buying Equipment? When it comes to owning a business, you must be financially aware in order to succeed. Making judgments about leasing or purchasing equipment is also a component of being financially wise. But, which is the better option for your company? Get the lowdown on leasing vs. buying equipment, as well as things to think about when buying or leasing assets for your company. In the business world, leasing vs. buying equipment You may have pondered leasing vs. buying a car in your personal life. Leasing [more]