When it comes to the success of production and processing companies, the availability of reliable equipment plays a large role. In many cases, business owners don’t have the capital to purchase new equipment, which can cause the entire company to lose money, and possibly even shutdown. However, this doesn’t have to happen. At US Business Funding, we proudly offer equipment leasing for the production process industry. If you aren’t familiar with the concept of equipment leasing, it’s something that 80% of U.S. businesses are already taking advantage. There is more than $4 billion worth of equipment leased in the production and process industry alone each year, and for good reason. Leasing equipment offers several advantages for vendors and the customers who they serve.
An equipment lease allows a production process company to pay for a piece of equipment in small increments over time, rather than paying in full upfront. This allows them to have additional funds in order to run their business, which could mean the difference between success and failure. Because business owners won’t need to wait until they have enough working capital to pay in full for a piece of equipment, vendors can expect improved cash flow and an overall faster sales cycle. Between the down payment and the collection of the balance when the equipment is delivered, this option is beneficial to everyone involved.
At US Business Funding, we understand that our clients in the production process industry have different needs. That’s why we offer several different types of equipment leases. For example, our fair market value lease will give the lessee the option to return the equipment, renew the lease, or purchase the equipment outright. We also offer dollar buyouts, which are otherwise known as a capital leases. In this type of agreement, the lessee is guaranteed a price at the end of the agreement if they want to purchase the equipment. Generally, this is ideal for people who know they want to buy the equipment after the leasing period is over.
These are just some of the options and benefits you can expect when you choose to lease production process equipment. The team at US Business Funding has the knowledge and experience needed to help you get started, and you can even fill out our online form to apply now. If you would like any additional details about our equipment leasing services for the production process industry, please get in touch with us today.
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