During National Small Business Week, April 30-May 6, 2017, the Equipment Leasing and Finance Association (ELFA) is sharing reasons why a large majority of U.S. businesses — nearly eight in 10 — finance their equipment.
In an environment of heightened post-election optimism and increased capital expenditure plans among small businesses, firms will want to consider these compelling reasons as they make their equipment acquisition decisions.
“For small businesses that want to take advantage of new opportunities, equipment financing offers flexible, budget-friendly options,” said ELFA President and CEO Ralph Petta. “Equipment finance is on the rise in 2017, fueled by a steadily growing economy. We’re pleased to share some of the many reasons equipment finance will help ‘equip your business for success.’”
ELFA shared the following reasons and wide range of benefits businesses enjoy from leasing or financing equipment:
For more information about how equipment finance equips business for success, including an infographic of “8 Reasons to Finance Equipment for Your Business,” visit www.EquipmentFinanceAdvantage.org. The site also includes a digital toolkit, articles, informational videos, definitions of the various types of financing, a lease vs. loan comparison, questions to ask when financing equipment and a searchable list of equipment finance providers.
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2 Replies to “ELFA Highlights Reasons for Small Businesses to Finance Equipment”
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