How To Apply for Business Equipment Financing Chase for Business
Getting new vehicle and equipment needn’t cripple your cash flow – if you make use of flexible equipment financing options. Like an equipment loan, an HP agreement doesn’t tie up available cash and generally doesn’t require additional security. Similar to the treatment under the equipment loan, depreciation of the asset and the interest portion of any lease repayment may be tax deductible. There are different types of business loans available to suit a range of scenarios. It is possible to secure startup equipment financing even with bad credit. You’ll need to have at least 6 months of business history and … Read more