Congratulations, you (or you know somebody who) currently own(s) a business. Start ups are magical entities: they stimulate the economy and benefit the local community. Startups create new jobs and test the market.
According to the leasing world, a startup is any company that has been in business for less than 2 years. Within those years, startups and new companies are extremely vulnerable because of their limited financials or purely due to a small amount of time in business. Equipment costs can really set back a start up, but with the option of financing, they could save their business. Read these benefits below to understand how financing could help your startup. Hopefully, with equipment leasing you will be able to outlast the first two years.
- Frees up capital. Leasing allows your company to pay monthly, and disperse the fees. As a startup, financing is extremely important. To have the ability to not pay the entire equipment cost up front will definitely put the startup in a better position for the future.
- Allow your startup to get the latest technology to best cater to their customers at a low price. The latest technology is costly, and keeping up with the current trends can also set back a startup a great deal. With the ability to lease, the startup can save the money that would be spent on an outdated piece of equipment.
- Makes the start-up more versatile because they do not need to pay large sums up front for equipment . As mentioned before, the fees are disperse based on a 2 year to 5 year plan. The extra capital allows the startup to pay off any unwarranted fees or surprise costs.
American Capital Group specializes in Startup business equipment financing. Let us help you lease your equipment and keep you in business. Call (877) 814-6871 or click HERE to apply online today!