What types of businesses use financing?
The answer is ALL types of businesses.
Americorp Financial has provided equipment financing programs for: small businesses; Fortune 500 companies; municipalities; hospitals; private practices; pharmacies; rehabilitation centers; and many businesses throughout the United States.
Financing retains your customer throughout the lease, rental or financing period, which opens future sale opportunities including upgrades to new equipment or possibly financing additional equipment into their current program. Americorp Financial can create turn-key or niche financing solutions for your customers designed to close more sales for your distributor network or internal sales team.
Why Do Almost 80% Of All Businesses Finance Their Equipment?
- 100% financing with no down payment: Arranges 100% financing of equipment with no down payment – unlike loans/credit.
- Maintain cash: Retains budget dollars to use in other business areas, such as expansion, improvements, or capital/operating expenses.
- Avoid technology obsolescence: Your customer can buy the equipment, extend financing term or return to upgrade to new equipment/technology.
- Hedge against inflation: Lock rates when you sign your financing agreement to avoid future inflation.
- Bundled Programs: Customer can add services (installation, training, software, etc.) with your financed equipment into the payment.
- Manage risk: Mitigates any type of uncertainty of investing in equipment for business needs until it delivers a return (generates revenue).
- Plan expenses for workflow: Maintains cash flow and budgeting by setting customized, fixed payments to match business cash flow.
- Accelerate ROI: Rather than paying one lump sum for your equipment, the customer can instead make smaller payments while the equipment generates revenue.