ADVANTAGES OF FINANCING WITH MARLIN
Effective cash flow management is an extremely important element to a successful business – small or large. Equipment financing offers business owners a means to acquire equipment based on an operating budget – not based on capital or cash on hand.
Unlike some loan programs, you can finance 100% of your equipment.
Financing provides the use of equipment for specific periods of time at fixed payment. The financing company assumes and manages the risk of equipment ownership. At the end of the term, if you elect to return the equipment, the financing company is responsible for the disposition of the asset.
As businesses grow and needs change, you will able to add or upgrade equipment at any point during the financing term.
There are tax incentives for purchasing new equipment; the amount you save in taxes could be greater than what you pay in the first year of a lease. Their new equipment could make you money from day one!
LOGIC OF FINANCING
|CAN YOU…||FINANCING WITH MARLIN||CASH PURCHASE||BANK LOAN|
|acquire equipment with out a substantial cash outlay?||YES||NO||NO
Most banks require a large down payment.
|upgrade or add equipment without difficulty?||YES||NO||NO
Most banks require reapplication for another loan.
|match payment to your current cash flow?||YES||NO||NO|
|avoid affecting your bank lines of credit?||YES||NO||NO
In fact, you will be affecting it a great deal.
|get approval for financing in one day?||YES||NO||NO
It could take days or even weeks.
|customize your payment plan or even defer payments?||YES||NO||NO|
5 EASY STEPS
Find the equipment or software solution you need for your business.
Complete a simple credit application. Once the application is complete, we will begin the credit approval process and have an answer to you within two hours.
Upon approval sign one page finance agreement.
Upon receiving your equipment or software, Marlin will commence the finance agreement.
Once the finance agreement is commenced, your first invoice will arrive within 30 days and you will be billed monthly for the duration of your finance term.