Affordable Equipment Financing and Lease options for Small Businesses
Formula Funding has your Equipment purchase covered.
We understand your small business requires specialized equipment and technology to succeed. The right equipment can dramatically improve sales volume, profit, and employee efficiency. Furthermore, equipment has one of the highest ROIs of anything a small business owner will typically buy. Formula Funding provides small business owners with financing and leasing options to acquire equipment without using working capital reserves or banking lines of credit.
Our equipment financing allows you to grow your business by increasing your manufacturing or production capabilities. For many businesses, making these large purchases can be challenging to the budget, especially if your business is just starting out or ready to take on the next level of growth.
Using equipment financing can allow you to split the cost of new equipment into payments over time, with an affordable interest rate. Buying equipment is now budget friendly for your business, allowing for expansion and growth to increase your revenue and help your business to maintain its cash flow.
Equipment financing is also an alternative and flexible source of capital to purchase business critical assets and equipment. As technology continues to change and increase the ability of businesses to do more, it is important for businesses to be able to keep up. Equipment financing allows for you to replace outdated technology within your business, thus giving you the ability to increase your capacity to meet the needs of your customers.
Conventional financing can often take significantly longer, which makes it challenging to get the equipment you need when you need it. Using equipment financing through Formula Funding, you can have the financing you need within just a few days or less. Another benefit is that equipment financing allows you to keep existing capital and lines of credit free for the other needs and overhead costs of your business.
Additionally, equipment financing means that you can provide a down payment and finance the difference at an affordable interest rate. The soft costs associated with making an equipment purchase can often be incorporated into your financing, including delivery charges, interest charges on advance payments, taxes, installation, and training costs.
Equipment available for 900+ Industries and counting.
From heavy machinery to commercial kitchen equipment, from work trucks to healthcare technology, Formula Funding has a low-cost funding solution for virtually every business out there. No matter what you are looking for in terms of equipment, we can help you go to the next level and truly grow your business.
If you are looking for quality equipment at an affordable price, then look no further. Our team can put you in contact with a variety of vendors who specialize in providing equipment for multiple industries, from manufacturing to food service and healthcare.
Don’t have a quote yet for your equipment? No problem. Formula Funding also has a nationwide vendor network that can get you a fair quote for just about anything you need. Walking you through the process step by step is a dedicated equipment specialist that knows your specific industry.
Why is an equipment specialist key to finding the right equipment for your business needs? They can assist you in determining what your business needs right now and what equipment is necessary for future expansion. Once you know what you need, they can connect you with the right vendor and then walk you through the financing process. With our all-encompassing equipment financing, our knowledgeable team can give you the tools necessary to take your business to the next level.
Come see why small business owners nationwide choose Formula Funding for their Equipment financing needs. Here are just a few of the ways that our experienced team can get you financed in a timely fashion, allowing for your business to start benefiting right away, instead of waiting months for traditional financing before you can make your equipment purchase.
- Simple 1-page application
- Up to $250,000 financed
- Credit decisions made same day
- NO financials or bank statements needed
- Apply today, have your equipment tomorrow!
- LOWEST COST GUARANTEE…if we can’t beat your quote, then we’ll make your first Payment!
If you are looking for a way to fund the growth of your business, then talk with us today about the equipment financing options we have available!