If you are in the construction business, most likely you’ll need to buy new equipment to keep up with growth, as well as purchasing equipment to upkeep and/or add to an existing fleet of construction equipment. Most businesses are not in the position to pay cash, and still have large operating funds left over. Now more than ever equipment lease financing offers huge tax advantages, bonus depreciation and flexibility for companies purchasing new and used equipment.
After you research and decide what equipment you need and whether you want the equipment new or used, now you need to decide if you will use a bank or equipment finance company. With the tightening on lending restrictions for banks, it proves to be more and more difficult to obtain financing on equipment. So what options do you have? Mazuma Capital has the flexibility to meet your needs when structuring leasing options for new or used construction equipment.
Even if you aren’t looking to purchase immediately, finding a reputable equipment finance company, such as Mazuma Capital for your equipment financing is a good idea. Leasing is a great option that allows you to hold onto your available cash in case of a business emergency. Many people immediately think of their local bank branch when looking for a loan. Local banks can be a good place to begin, but a company that specializes in equipment financing will have more knowledge on equipment finance, and is a great option for more flexibility to meet your financial goals.
At Mazuma Capital we are committed to delivering superior service and competitive products at the lowest possible cost. We work with companies of all sizes across all industries to craft flexible, custom leasing solutions. From short economic useful life equipment such as telephony and computer systems to vital revenue generating equipment such as heavy machinery and medical equipment.
Please contact us today for additional information 801-816-0800 info@mazumacapital.com. Visit us 24/7 at http://mazumacapital.com/
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Expanding or establishing a construction business is an difficult experience.In determining the best direction you'll have to decide on the type of equipment to buy, and more importantly what method to make the payment for it. Are you capable to pay in cash or will financing for construction equipment be required? Would it be better to purchase new equipment or would an old or used piece of equipment be better.
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