COVER STORY
By William G. Sutton
Equipment financing
means flexible solutions for unique business needs
E
Image ©istockphoto.com/DNY59
conomic times are challenging many businesses
today, and the current economic environment
poses even greater difficulties for entrepreneurial
startups and small businesses that are struggling
to get established, grow, or just stay in business.
The characteristic innovation, agility and hard
work of these businesses are precisely what the
U.S. economy needs to get moving again; however, their nature
of being newer, less capitalized or less established creates a catch22 that impedes their ability to secure the credit they need. That's
why it has never been more important for startups and small
businesses to understand their options for financing the equipment
needed to operate and grow their businesses.
Acquiring equipment through leasing and other financing
methods is more flexible and customizable to meet unique
business needs than most funding options. This makes equipment
finance a perfect fit for startups and small businesses, both of
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OUTDOOR POWER EQUIPMENT
www.outdoorpowerequipment.com