Jump-Start Your Business by Leasing Equipment
Leasing a truck or other equipment may seem like a strange way of making money. After all, you'll owe payments and interests on the equipment, which will add up to more than the cost of purchasing it new.
Despite this, leasing equipment is a solid strategy for many businesses. It's a leg up and a way to expand your business in ways you couldn't otherwise.
Spend Money to Make Money
To run a successful business, you need equipment. Many businesses take out loans to buy the equipment in question, so they spend time early on paying back those loans -- when they should be expanding their operations.
Alternately, many businesses hamstring themselves, creating a vicious cycle. These companies need to expand their operations to make money, but hold back on acquiring essential equipment. If you don't have the equipment, you can't make money; if you can't make money, you can't get the equipment.
Leasing Your Equipment
Leasing equipment is one of the best ways to resolve this dilemma. Instead of shouldering the massive upfront cost of buying equipment or paying off expensive loans over time, leasing allows you to pay a small amount over time. You'll have access to the vital equipment you need to operate, without paying a fortune.
If you're in a seasonal business (like agriculture or snow removal), don't worry. Many businesses are in your situation and request Money In Motions seasonal payment options. If you need to negotiate an seasonal payment structure to accommodate your business' unique needs, just let us know and we'll work with you.
Are you interested in taking the first step to getting your hands on the equipment you need & getting your business rolling? Click here to download our Working Capital guide to learn more about Money in Motion's informative piece on the advantages of working capital.