Equipment Leasing

Improve your bottom line with flexible and affordable equipment leasing programs.

If there’s one thing a business can’t do without, it’s the right equipment. Having state-of-the-art equipment allows for maximum efficiency and can increase sales. Rather than drain your working capital or a business line of credit, consider equipment leasing as an alternative method of small business financing.

Benefits of Equipment Leasing

Whether you need furniture, computers, software, printers or other tools of the trade, equipment leasing provides the perfect opportunity to get up to $2 million worth of equipment without breaking the bank. By leasing equipment, you’ll preserve your credit and you won’t need to put any collateral on the line. Plus, it’s easy to upgrade equipment when the lease expires.

Equipment leasing usually offers two- to five-year terms with fixed payments. Interest rates range between 8.5 percent – 20 percent, based on business industry, the borrower’s credit history and equipment type.

Other benefits of equipment leasing include:

  • Approvals in 48 hours
  • Low deposits — typically only the first and last payments are needed in advance
  • Deferred payments for 90 days
  • Potential tax advantages

How to Qualify:

To get started with equipment leasing, you’ll need:

  • 620+ credit score for start-ups
  • 550+ credit score for existing businesses
  • Less than 50 percent credit utilization

Why Guidant?

Guidant provides affordable equipment leasing programs that give you access to the equipment you need while saving money. Our experienced consultants can guide you through this small business financing option and form a flexible repayment program with fixed rates that meets your budget.