Tag Archives: better than bank

What is Better for Equipment Financing – Fixed Rates or Adjustable Rates?

We get asked this question all the time – “Are fixed rates better than adjustable rates for equipment financing?” And the short answer is an emphatic YES. Fixed rates are always superior for equipment financing and leasing.  The reasons are many, but the big one is stability. Knowing what your monthly payment is going to be for the… Read More »

Reason #9 why an equipment financing company is better than a bank – RATE ADJUSTMENT

Boy, we’re almost there. We’re all the way to number nine in our “ten reasons why an equipment financing company is better than a bank” series. And reason nine is a pretty simple one – an equipment financing company offers fixed term rates. The bank would prefer an adjustable rate. To illustrate this, let’s pretend I’m an equipment… Read More »

Reason #7 why an equipment financing company is better than a bank – No Hidden Charges

Let’s move forward with our series on why an equipment financing company is better than a bank. Today’s reason is one we all know too well – hidden charges. To put this simply, the bank will typically have a bevy of hidden charges, where an equipment financing company will have none. Here’s what you can expect with the… Read More »