Equipment financing: Why it’s right for you.
Marlin is here to help support and grow your business. Since 1997, Marlin has provided customized financing solutions to over 300,000 small businesses allowing them to update software, replace obsolete equipment, secure their business capital and grow their businesses.
No matter the size of a business, effectively managing cash flow is crucial for success. By using equipment financing, you can procure the right equipment through a financing plan that fits your budget, rather than whatever capital or cash is currently available.
In addition to the ease of acquiring new equipment, financing also offers several other benefits.
In the current economic climate, purchasing through a financing program means taking advantage of tax incentives. When you buy through lease-to-purchase options, the amount that is saved on taxes has the potential to be even more than what is paid in the first year of the lease. In other words, businesses can make money from the first day of the lease.
Equipment financing is also beneficial for asset management. Such programs provide the use of equipment for specified periods at fixed rates. If the you choose to return the equipment at the end of the period, the financing company disposes of the equipment upon the equipment’s return.
As the business environment continues to change, you can use equipment financing to better manage cash flow, ultimately resulting in lower costs, and allowing you to preserve capital using the most up-to-date technology available.
Manage your account with MyMarlin.
MyMarlin is our online account manager that allows customers to access account information, pay bills, chat with representatives (and much more) all in one easy-to-use online location 24/7. MyMarlin offers exclusive benefits to members and will also give you a sneak peek on upcoming noteworthy financing specials.