Equipment Financing
Equipment financing refers to options available through licensed third-party providers that enable businesses to access the equipment they need without a large upfront payment.
This type of arrangement can help preserve cash flow by allowing businesses to allocate their resources toward other key operational areas. It also offers a practical way to explore potential pathways for obtaining necessary tools or machinery to maintain productivity and meet customer needs.
In some cases, equipment financing arrangements may include tax advantages, as lease payments can sometimes be treated as operational expenses. However, businesses should review all terms, including interest rates, ownership conditions, and repayment commitments, with a qualified financial professional or licensed lender before proceeding.
FAQs
Your Queries Answered: Navigating Financial Success with Western Business Innovations
I have bad credit and even a previous bankruptcy. Can you get me funding?
This is one of our most frequently asked questions and the answer is YES! If you have poor personal credit, or even have filed previously for bankruptcy, we can still provide you with working capital. The qualifications are 1) you have been in business for at least 3 months and 2) your business generates sales in excess of $4,000 per month. In over 90% of cases, if you meet these two requirements, we can provide you with funding!
What can I use the funding for?
It is your money for your business, so you can use it however you see fit. Many of our clients use funding to cover payroll, renovate, manage inventory, expand, purchase equipment, and a variety of miscellaneous business expenses. You are the expert in maintaining and growing your company, and we are the experts in getting you the money you need to do so. It’s a win-win situation
What are the minimum requirements for funding?
Minimum of three months in business.
Minimum of $5,000 in monthly revenues.
Your business is based in the United States.
How do I get started with Western Business Innovations ?
Visit our website and sign up for a free consultation to learn how we can serve you.
Are you the one funding me?
No, we are the middle man in between you and success!
What is your application process?
The application process is straightforward and should take approximately five minutes. You can submit an application through our website to guide you through the process. Once we receive your full application and supporting documents, you will receive an offer within 24 hours.