According to CBInsights, 29% of startup businesses fail due to a lack of capital and cash flow. Maintaining a positive cash flow is essential for the success of any business. Cash funds your payroll, covers your overheads, pays bills, and other critical business functions. Equipment financing is a useful tool to reduce equipment expenses and ensure your business has more cash going in than out.
Equipment financing is an ideal option for both businesses that don't have the cash outright to buy equipment outright or are looking to conserve cash for other business needs. As the experts in equipment financing, we're here to show you how financing equipment helps you preserve your cash reserves, stay nimble, and grow faster.
See why cash flow is important for your business and how equipment financing can help in the infographic below. If you are interested in learning more about equipment financing, contact us today to get an equipment financing built around your business goals.
GET THE PRINT VERSION
Print a version of our blog post for easier offline reading and sharing.
P: 847.897.1763 | E: Contact Me
As a content marketer, Shreya Panchal collaborated with Beacon Funding industry experts to write informative content on the commercial truck and decorated apparel industries.
Other Posts By Shreya Panchal
TAGS
Beacon Funding
Growing Your Business
Can Be Tough!
But it doesn't have to be with the right resources! Sign up to receive financing specials, exclusive tips, and used equipment listings before anyone else.
