Equipment Finance Agreement
Equipment Finance Agreement
A Link between a Lease and a Loan, Get A Quick Quote!
Small Business Equipment Financing
More than 80 percent of all U.S. companies utilize some form of equipment financing. There are differences between an Equipment Finance Agreement (EFA) and a Simple Interest Loan. An EFA is usually looked at as a link between a lease and a loan. Small business owners choose to finance rather than outright purchase equipment for many reasons, including:
Financing saves small business owners money up front so that they do not need to use their cash flow reserves.
