Equipment Financing

Get More Out of Your Business Equipment

No matter what type of business you own, you probably need at least some equipment to keep it in operation. Home improvement companies need tools and materials. Restaurants need food service equipment. Even libraries need equipment to function properly. Of course, depending on what you need, you may be looking at a large price tag. Parkshore Capital can help you get what you need or even save money by providing you with equipment financing or leasing.

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The Basics of Equipment Financing

Financing is available for all types of equipment. From bulldozers to computer software, your funding covers nearly anything you need to run your business. If you need $150,000 or less, you don’t need to provide a financial statement and may be approved within 24 hours. Larger loans are available within a few days. Regardless of how much you need to borrow, we provide a range of repayment options with little to no down payment. If your business has been operating for at least two years, you may qualify for lower interest rates and longer repayment terms.

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The Basics of Equipment Leasing

Some business owners choose to lease their equipment. Depending on your needs, leasing could be more beneficial for you. Leasing means you don’t need to take out a large loan to pay for equipment outright. Instead, you pay a fixed payment each month, freeing up a lot of your capital for other business ventures. Leasing may also qualify for tax advantages. It even eliminates maintenance and upgrading issues since most equipment leasing agencies offer free maintenance, repairs and upgrades.

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We Help Non-Traditional Businesses

In addition to common business types, we offer leasing and financing services for government entities that require equipment. We offer assistance for:

·       Federal government agencies

·       Libraries

·       State agencies

·       Police departments

·       Armed services

·       Firehouses

·       Public schools

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Find out how Parkshore Capital can help you meet your need for business equipment. Call today to find out if your business qualifies.