Unlock the value of your assets with our financing solutions.
Our asset financing solutions can help you leverage the value of your assets, whether it’s equipment, vehicles, or real estate, to obtain the funding you need to grow your business. We can help you achieve your goals and take your business to the next level with flexible terms and competitive rates.
Turn your assets into cash with our flexible financing options!
- Manage your cash flow: Asset financing helps business owners manage their cash flow by allowing them to acquire assets without using their capital.
- Boost productivity: By financing assets such as new equipment, technology, or vehicles, business owners can increase productivity and efficiency, leading to higher profits.
- Improve your credit score: Regular repayments on asset financing can help improve a business’s credit score, leading to better financing options in the future.
- Flexible financing options: Asset financing options are flexible, with terms and rates that can be customized to meet a business’s specific needs.
- Tax benefits: Interest payments on asset financing can be deducted from a business’s taxes, resulting in potential tax savings.
Talk with one of our business financing specialists today to grow your business by leveraging your assets.
Not sure if your business qualifies?
Here are the 5 types of asset financing:
1. Hire Purchase
Your business agrees to purchase an asset but makes payments in installments. The company becomes the owner once the final payment is made.
2. Equipment Lease
You pay to use an asset for a fixed period. The owner of the asset retains ownership while you make payments. At the end of the lease period, you can choose to return the asset, extend the lease or purchase the asset.
3. Operating Lease
With this type of financing, the lessor maintains ownership of the asset, and you pay to use it for a set period. At the end of the lease, you can return the asset or choose to extend the lease.
4. Finance Lease
A long-term lease, usually for 2-5 years, allows you to use an asset in exchange for regular lease payments.
5. Asset Refinance
Access cash by using existing assets as collateral. The lender advances funds to your business based on the asset’s value, and the company continues to use the asset while making payments to the lender.
Ready to start your journey to homeownership?
Take the first step by reaching out to one of our loan specialists.