How can equipment financing help my manufacturing facility?

Equipment financing can help your manufacturing facility by letting you purchase new equipment at a lower upfront cost. You can then use that equipment to boost your revenues.

What are the typical terms available for manufacturing equipment financing?

Depending on the age of the equipment and its cost, you can get financing terms ranging from five to ten years or more.

What’s a good interest rate to finance manufacturing equipment?

If you have good credit and business financials, you can get financing loans with interest rates as low as 6%.

Can startup companies get manufacturing equipment financing?

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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