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In certain situations an Equipment Finance Agreement (EFA) is the most beneficial way of financing equipment or software. EFA's are hybrids between capital leases and conventional loans. Under an EFA agreement you can build equity on your asset acquisition, but you may lose out on some of the tax benefits that you would receive from leasing. Our EFA Financing programs allow you to:
› Finance soft costs including installation, support and freight.
› Avoid the need to write a large check to your vendor for an upfront deposit.
› Finance your equipment or software using the minimal amount of out of pocket
cost.
You can apply online today and have a credit decision within 24 hours. In most cases you can write off the entire purchase price of your acquisition the year you put it into operation.
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Equipment Finance Agreements |
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