Absolute Suppliers provides 3 different options for equipment financing depending upon your business or consumer status:

1.  Commercial Equipment Financing

         a.     First Citizens Bank - Direct Capital  Apply Now

                i.     3-minute, online application, generally clients can qualify up to $250k.

               ii.     Minimum FICO is 640 (Experian) for 2+ years in business.

              iii.     First Citizens Bank is a Top 15 bank and direct lender.

         b.     TimePayment  Apply Now

2.  Consumer Equipment Financing

         a. TimePayment  Apply Now

 

Benefits of Equipment Financing

Why Finance Your Equipment?

Preserving your cash and available credit is a key component of intelligent business management. Equipment financing is a great option to get the equipment you need now while keeping your existing cash and credit lines intact. The process from application to documentation takes less than 10 minutes - all online.

Fast Credit Decisions

Apply online anytime. Decisions are provided within seconds.

Affordable, Fixed Monthly Payments

Fixed monthly payments make planning cash flow easier.

Minimal Upfront Cost

Standard lease programs sometimes only require one advance payment and the documentation fee prior to the start of the lease.

Tax Advantages

Lease payments may be fully tax-deductible as an operational expense.

Preserve Existing Bank & Credit Card Lines

Leasing lets you acquire the equipment you need while preserving your other sources of credit.

Protect Against Obsolete Technology

Plan for a technology upgrade with the right lease or rental term. Never get stuck with obsolete equipment again.

Equipment Financing vs. Other Payment Options

Financing your equipment purchase may be a wise decision for business owners on a budget. Get the equipment your company needs now and pay for it over time through affordable monthly payments. Use that equipment to generate revenue and significantly impact your company's bottom line.

Equipment leasing is a smart alternative to purchasing if you do not want to own equipment that may become obsolete quickly. Learn how lease financing compares to other purchasing options:

Equipment Financing vs. Purchasing Outright

Few companies are in a position where they have enough working capital to purchase all their equipment, furniture, and software outright. If you finance your equipment purchase your company will have more cash available for future business opportunities.

Equipment Financing vs. Credit Cards

Many small businesses and startups have limited lines of credit available. When you purchase your equipment with a credit card, you are wasting valuable lines of credit that your company may need to utilize for other expenses. If you finance your equipment purchase you leave yourself more options for future company needs.

Equipment Financing vs. Small Business Loans

Equipment financing may be an affordable alternative to a loan. Many lending institutions have very strict requirements businesses must meet before the bank will extend a loan or line of credit. Bank loans usually require a significant down payment that can range between 10%-20% of the equipment cost.

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