Finimpact

Final Word

If your company needs to buy equipment, equipment finance agreements can be a great alternative to typical loans or lease agreements. Consider whether you want to invest in the equipment for the long run and make sure to consult with a tax pro to make sure you’ll receive valuable tax benefits before you sign the EFA.

Now that you know a variety of equipment financing options, you might like to read our article about the best equipment financing companies and see what they have to offer.

Best Equipment Financing Companies

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About the Author

TJ Porter

TJ Porter

Personal Finance Writer

I have in-depth experience in reviewing financial products such as savings accounts, credit cards, and brokerages, writing how-tos, and answering financial questions both simple and complicated.

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