How can my business benefit from landscaping equipment financing?

Landscaping equipment financing lets you buy equipment at a lower upfront cost, letting you expand your company more quickly.

Is it cheaper to lease or buy landscaping equipment?

Typically, leasing offers lower upfront and monthly payments. However, with a loan, you’ll eventually pay off the equipment and won’t have to make any more monthly payments, making it cheaper in the long run.

Does applying for landscaping equipment financing affect my credit?

Yes, applying for equipment financing will impact your credit. Usually, your score will drop by a few points but will improve as you pay the loan off.

Is landscaping equipment financing available to startup companies?

Yes, you can get landscaping equipment financing as a startup. However, you may have to pay higher interest rates and have a larger down payment.

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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