Equipment Financing in Today’s Market
When considering financing your new equipment, there are several points to keep in mind. Of course, you consider the tax, cash-flow, and other financial implications. There are many other things to consider as well, and here are just a few to get you moving in the right direction.
See an opportunity but don’t over-commit…
Be conscious not to over-commit yourself financially. According to Linda Cook, General Manager for Interlink Financial Services, working with a company who can finance most deals “in-house” helps in a variety of ways including being able to customize the payments to work for you during your busiest and slowest times. We allow you to trade-in your equipment and in many cases can work with you to pay off your equipment with no penalty if that is what is needed.
When disasters happen…
If you are in the restoration business you know that not all purchases can be planned. Some become urgent during flood season or general bad weather. Interlink Financial Services allows the option for a Pre-Approval program to allow you quick access to cash when you need it most. You can be approved now and draw against it when the need comes – even on weekends.
Rather pay cash…
Some people would rather just pay cash for purchases when financing is actually a better option. Everyone’s situation is different. There are no universal right or wrong answers. However, remember that “Cash-Flow is King”! A cash reserve is a key element of financial flexibility and sustainability. Smart business owners know that financing is a way to use other people’s money to make money.
Consider short term options…
Some companies only need equipment financing long enough for them to receive the pay out from an insurance company. Interlink Financial Services has several financing options that include a 13 month program. This program can be paid off in 3 months, 6 months, 9 months, 13 months or even extended if needed.
Equipment financing has several benefits especially in the current market. Look for a company whose representatives understand the cleaning and restoration industry and strive to help you increase the profitability of your business. Consider Interlink Financial Services for your equipment financing needs.
About Interlink Financial Services
Interlink Financial Services provides financing exclusively for the cleaning and restoration industry. This has allowed us to design programs and options to meet YOUR needs. Call us today at 1-800-655-1207 and let us put together a program that fits your business needs (present and future). Because we only finance to the cleaning and restoration industry, we understand the special nuances and circumstances that cleaning and restoration companies face.
Interlink Financial Services
4282 S. 590 W.
Salt Lake City, UT 84123
800-655-1207
www.InterlinkFinancialServices.com
