Almost all manufacturing companies will need new manufacturing equipment at some point. Whether to replace older, inefficient machines with new ones or to invest in machines capable of making new products, financing this new manufacturing equipment makes good fiscal sense. This is because stretching payments of revenue producing goods (like manufacturing equipment) over time often produces a positive cash flow immediately (because the revenue increase is larger than the payment for the manufacturing equipment financed.)
The options available to finance manufacturing equipment are many – you can lease manufacturing equipment, you can lease with a purchase option, or you can outright finance manufacturing equipment. The best manufacturing equipment financing option for you will depend on your individual circumstances: company size, long-term goals, cash reserves, etc. And Crest Capital can help you with all of these – we have a bevy of creative manufacturing equipment financing options that will put new machines in your building and more dollars in your pocket. All with a simple application process, and a fast approval time. Contact us today to learn more.
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