For most equipment manufacturing businesses and resellers, the financing side of equipment purchasing doesn’t offer monetary value to the company. Because these services are outsourced, many of those vendors have decided that the most efficient option is to let other companies handle financing, and instead focus their efforts on the manufacturing processes that they do best.

But Centra’s vendor financing programs offer unique benefits that manufacturing businesses won’t want to overlook. By turning their business into a referral engine that directs new customers to Centra when they’re in need of financing, those vendors can create a potentially lucrative new revenue stream without increasing their operating costs.

Here’s how we use our financing services to support the profit margins of the manufacturing vendors who choose to work with us.

Startups know the importance of maintaining lean operations and keeping costs low. Even when you have cash reserves to cover startup costs, it often makes more sense to line up financing for essential equipment and services, while keeping that cash on-hand to put toward other business needs.

As you seek out equipment to launch your startup operations, equipment financing offers a convenient solution to both of these challenges. The right terms and conditions can help you acquire equipment faster and launch your operations without draining your cash reserves. 

If you’re unfamiliar with equipment financing, here’s what you need to know.

When equipment is essential to your business operations, you need financing options that offer quick, affordable access to this equipment. 

In many cases, though, businesses in need of specialized equipment struggle to get the service or financing terms they need from banks or other traditional lenders. A specialized equipment financing partner can offer better terms and conditions for financing equipment and supporting your company’s long-term success. 

If you’re currently researching your financing options, here are five things you should be looking for.