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What is equipment finance?

Updated: 11/18/2022
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Speirs Fiance

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Equipment financing is an example of a small business loan specifically designed to purchase the equipment and equipment needed to run your business. There is the option to make this type of loan to purchase all kinds of office furnishings, medical equipment, commercial ovens, or farm equipment.

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Speirs Fiance

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You can apply at your own bank for a loan but you will need some cash of your own. Some companies offer finance on their equipment as well.


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