How to Buy Equipment With a Business Line of Credit Why It’s Better Than a Business Equipment Loan
Unlike most other companies on this list, Lendio is technically a lending marketplace instead of a direct lender. That means that when you apply to Lendio, your application can qualify you for loans with many different equipment financing companies. In fact, Lendio will actually match you with the lenders that can best meet your needs. You’ll get to compare your matches and see who has the best offer. You can get financing for construction equipment and other types of heavy equipment.
- The reduced initial cash outlay can help you save money for future business expenses and initiatives.
- It can be