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 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.
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Since 1990, small businesses nationwide have been able to grow with fast affordable equipment financing from Beacon Funding.
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