1. How will financing equipment benefit my company?
With an equipment loan, you can conserve cash for use elsewhere in your business or create an additional working capital buffer. you don't have to stretch your budget to its limits to get the equipment you need to expand and thrive.
2. Can I Finance secondhand equipment?
Yes, most secondhand equipment can be financed with an equipment loan. However, the age and class of the equipment may impact the term and structure of the loan, and in some very rare cases it may preclude funding.
3. Can I fund a portion of the equipment cost, or do I have to fund all of it?
You are able to fund a portion of the cost or the total cost of the equipment. It’s entirely up to you and your financial situation. We pride ourselves at Award Mortgage on offering some of the most flexible business loans you'll find today.
