Acquiring screen printing equipment in 2023 doesn’t have to be difficult. It can be simple! Especially if you know who to rely on for your financing. Not all lenders are the same.
In this article…
- 5 Reasons Financing is a Great Way to Acquire a Screen Printer in 2023
- How Affordable is a Monthly Payment for a Screen Printer?
- How Do You Choose the Right Lender?
- Choose Beacon Funding for Hassle-Free Screen Printing Equipment Financing
In this article, we will explore five reasons of financing your next screen printing machine.
5 Reasons Financing is a Great Way to Acquire a Screen Printer in 2023
1. Budget Friendly Payments
Financing allows you to make smaller, more manageable payments over time rather than paying for the machine all at once. This can make it easier to budget and manage your cash flow. Wonder how affordable it can be? Calculate your low monthly payment estimate here.
2. Keep Your Cash
Financing a screen printer can help you keep more cash in your savings that can be used for other business expenses. Shape your business with the latest equipment while paying for it over time. Plus - you can use your machine to generate revenue to cover your payments.
3. Keep up with technology
When opportunity knocks, you have a short window of time to answer. Equipment financing decreases the amount of cash you need upfront. Optimize your production output with the latest screen printing technology on the market, without having to break the bank.
4. Tax benefits
Put more money back in your pocket. Financing a screen printer may offer tax benefits, such as ability to deduct your equipment cost's under Section 179. Be sure to consult your CPA before financing equipment to make sure your purchase qualifies.
5. Equipment ownership
Financing gives you advantages you wouldn’t receive if you paid cash. You get the latest equipment sooner, payments that work with your budget, more time to pay, and you still own the equipment at the end. Then your business has a long-term asset with equity that can be used or sold whenever you want.
How Affordable is a Monthly Payment for a Screen Printer?
Calculating affordable financing for screen printing equipment is crucial when making a decision about acquiring the machinery.
Calculate Affordable Screen Printing Financing
Beacon Funding recognizes this and has developed an Equipment Financing Calculator mobile app that is tailored to help businesses determine the monthly payment estimate for their desired equipment. The mobile app is designed to provide users with an easy and convenient way to calculate their estimated financing cost from anywhere.
With the app, businesses can easily download, calculate, and apply for financing, all in one place. This allows for hassle-free and efficient financing for your screen printing equipment, empowering your business to make sound investment decisions.
How Do You Choose the Right Lender for You?
Finding the right equipment financing lender doesn’t have to be daunting. If you know what to look for, it can be simple and straightforward.
To help on your search, here’s a few tips we recommend:
- Look for a lender that specializes in financing screen printing equipment. It is important to work with a lender that specializes in equipment financing for your niche – they are more likely to understand your industry's needs and challenges.
- Consider the lender’s reputation and experience. Does the lender have a good track record? Google them and read their reviews. Watch their customer testimonials on YouTube. Do they seem like a good fit for you?
- Understand the lender’s requirements. Before applying, make sure you know the lender’s criteria. What is their approval rating? Consider their requirements to ensure you fit their qualifying criteria.
- Know your options. Specialized lenders can offer you customized options vs a traditional lender who would offer you a cookie cutter payment program that you would have to fit into. Evaluate your budget and your revenue cycle to see what options best match your business goals.
Choose Beacon Funding for Hassle-Free Screen Printing Equipment Financing in 2023
Acquiring screen printing equipment in 2023 can be made simple through financing, and Beacon Funding is the perfect lender for businesses looking to do so.
With over 30 years of experience, Beacon Funding specializes in financing equipment for niche industries, including screen printing. By working with Beacon Funding, businesses can enjoy affordable payments, preserve their working capital, and keep up with the latest technology while enjoying tax benefits and long-term asset ownership.
Talk with a Financing Expert
Have questions about financing? Don't waste precious time -- get immediate answers by talking with a screen printing equipment financing expert.
SCHEDULE A MEETING NOW
With a reputation for exceptional service and customized financing options that match your business goals, Beacon Funding is the ideal choice for businesses seeking to acquire screen printing equipment in a hassle-free manner.