Equipment
Financing
Why endure a lengthy traditional loan process to get the equipment you need now? With ViewRidge Funding, you’re just 24 hours away from financing the equipment required to improve and grow your business.
What is Equipment Financing?
Equipment financing is secured by the equipment itself, so you don't need to provide additional collateral. The terms and amount of the financing are determined by the value of the equipment. We can provide multiple equipment financing agreements at the same time.
What is an equipment loan used for?
When it comes to starting or expanding a business, one of the most important considerations is how to finance the purchase of new equipment. Equipment financing is a type of loan that can provide the capital you need to buy the equipment your business needs to grow. You can use an equipment loan to purchase anything from office furniture and medical equipment to farm or commercial machinery.
Benefits of Equipment Financing
Preserve
Working Capital
Equipment financing is a source of funding that allows you to keep your cash, and use it as working capital for other areas of your business.
Managing Risk
Equipment financing mitigates uncertainty in investing in a capital asset until it achieves desired return or other business objectives.
Flexible Terms & Payments
Equipment financing can hedge inflation risk by deferring payments and locking in rates at the closing date.
Tax Advantages
Tax-oriented leases enable businesses to benefit from lower rent prices, as the lessor retains title and depreciation.