Best Equipment Financing Companies for Your Franchise Needs
Cashflow It® is the leader in the equipment financing field, providing quick, easy and simple financing options for busy franchisees.
Starting out your franchise or expanding your business, is a busy and often stressful time, but gathering commercial equipment doesn’t have to be.
Cashflow It® offers a quick and simple application process that can normally have you approved within 24 hours. We also have our 24 hour call centre staffed by our friendly customer service representatives, making the entire process convenient and hassle-free.
If you require funding for one piece of equipment or an entire store fit-out for your gym, pharmacy, restaurant or other franchise business, we can help.
What Equipment Financing Companies Do
Equipment financing companies such as Cashflow It® provide funding options to help new and expanding businesses obtain the equipment they need, without having to outlay a substantial portion of their working capital to purchase the equipment outright.
We provide solutions which include renting, leasing or business loans to fund your new or used commercial equipment.
Contract terms range from 12 months to 5 years and with Cashflow It®, in most cases no personal security is needed. This is an off balance sheet form of funding which is popular with new franchise business owners and those expanding to a second or more locations.
Reviewing Your Financing Options
If you need finance for your commercial equipment there are 2 options available, equity finance or debt finance.
Equity finance is sourced internally within the business. This type of funding is not always feasible, in which case debt finance is your best option. Debt financing is funding provided from an external source such as a bank, credit union or finance company.
If you’re a franchise business owner, whether you’re just starting out or expanding, you probably won’t want to give up shares in your business to investors so obtaining funding from a dedicated equipment financing company such as Cashflow It® is your best option. This option allows you to retain your capital to use towards the promotion and expansion of your business, while minimising your asset risk.
It also saves you from having to surrender shares in your business to investors to obtain funding.
Funding your commercial kitchen equipment through us, for example, allows you to spend your valuable capital on the running and promotion of your business. This may mean the difference between commercial success and failure, perhaps even helping you expand sooner than you thought possible.
While there are other equipment financing companies out there, only Cashflow It® can offer you the following benefits:
- Excellent service. Our customer service representatives are friendly and experienced. We’re available when you need us, 24 hours a day, 7 days a week.
- Simple and convenient application process. The application is completed online and we usually have you approved within 24 hours. Our contracts are simple and easy to understand.
- Solutions and terms to suit your needs from rental, leasing and business loan options. Terms range from 12 months to 5 years.