The Equipment Leasing and Financing Association (ELFA) has provided 8 key reasons businesses lease equipment, and we’ve summarized them for you below.
Leasing or financing equipment has become the preferred choice for the majority of U.S. businesses. According to the Equipment Leasing and Finance Association, 78 percent of companies acquire equipment this way. The “8 Reasons to Finance Equipment for Your Business” infographic highlights why financing is so popular and how it can support business growth.
Key Benefits of Equipment Financing
Equipment financing offers strategic advantages that can help businesses operate more efficiently and grow faster. The infographic outlines eight major benefits:
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Finance 100% – Arrange full financing for equipment, software, and services with no down payment.
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Save cash – Preserve cash for other areas of your business such as expansion, improvements, marketing, or research and development.
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Keep up-to-date – Acquire more advanced equipment and stay current with technology without large upfront costs.
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Outsource asset management – Let the financing company handle delivery, maintenance, and disposal of equipment.
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Accelerate ROI – Make smaller payments while equipment begins generating revenue immediately.
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Customize your terms – Structure payments to match cash flow, including seasonal fluctuations.
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Benefit from bundling – Combine equipment, installation, and maintenance into a single, convenient package.
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Hedge against inflation – Lock in rates at the start of the lease to protect against rising costs in the future.
Making Equipment Financing Work for Your Business
Leasing or financing allows businesses to maximize operational efficiency and manage costs more effectively. Whether acquiring technology, machinery, or other equipment, financing provides flexibility and strategic advantages that outright purchases cannot.
Want to see how equipment financing can support your business growth?
Contact TFC today to explore flexible leasing and financing solutions tailored to your needs.
About TFC
Founded in 2004, TFC provides equipment financing services to a wide variety of companies from early stage to Fortune 100 and everything in between.
TFC and parent company, Kingsbridge Holdings (part of SLR Investment Corp.) have over $1B of assets under management.
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