Now more than ever, financing options are becoming a HUGE factor in the equipment acquisition process. Salesmen of heavy equipment/capital equipment will tell you time and time again, the ability to control the financing process allows them to close more deals. In this economy, many companies simply cannot handle the burden of paying cash for new equipment purchases, even if the purchase is necessary. Small businesses all across the US and Canada are delaying equipment acquisitions until the economy turns around, even if the upgrade/purchase is well past due. As an equipment/technology vendor, the ability to offer comprehensive equipment leasing and financing options is a must, and the ability to control the financing process can be just as important…

While it may seem as if commercial lending has all but dried up in the current economy, many small businesses have found that equipment leasing companies offer some flexible financing options, even in this tough economy. Over 80% of businesses in the United States utilize equipment leasing options as a means of business financing. Equipment leasing approvals are generally available in as little as 48-hours for amounts under $75k, with larger commercial approvals up to $3MM…