Financing your equipment purchases allows you to preserve cash for other strategic uses while still upgrading or expanding your operational tools. Our Equipment Financing options cover up to 100% of your equipment costs, enabling you to acquire, upgrade, or lease new machinery necessary for your business's growth. This method spreads the expense over the lifespan of the equipment, making it easier to manage financially.
With tailored repayment plans that match your business's cash flow, Equipment Financing is an ideal solution for maintaining liquidity while investing in critical business assets. Beyond the financial flexibility, this financing option can also offer potential tax advantages, such as deductions under Section 179, reducing the overall cost of acquiring new equipment.
Finance up to 100% of equipment costs
Preserve capital and maintain cash flow
Possible tax benefits under Section 179
Immediate use of the equipment
Flexible repayment terms to match cash flow
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FAQS
Yes, we does not charge any penalty for paying off your business financing early. In fact, many customers who pay off early qualify for Early Payment Discount. If you would like to find out your early payoff amount, you can request it from us at any time and we are happy to let you know what your payoff balance is.
To Qualify, your business should have the following:
• Minimum of 6 months in business
• Minimum of $50,000 in monthly revenue
Purple Peach goes through great lengths to make sure your information is safe and secure. Here is how:
• 128-bit secure sockets layer (SSL) Technology
• To access your account, you must use a browser that supports 128-bit encryption. This is one of the best commercial methods available.
No.
I have more questions, can you help?
Yes, you can contact us and one of our dedicated experts will assist you with any questions you have.
The funds can be used for any business purpose. It is up to you to decide how you want to use it. These are some of the most common ways that customers have used their loans:
• Increased Cash Flow
• Marketing
• Everyday Business Expenses
• Payroll
• Purchase Inventory
• Hire Additional Employees
• Equipment Upgrades
• Renovations/Refurbishments
• New Locations
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