Equipment Financing
Equipment Financing
Welcome to Desi Lending, where we provide customised solutions in Equipment Financing that can help in your business’s expansion. Whether you require new equipments/machines/technology or vehicles, our financing solutions assured you provide the capital you need to invest in essential equipment without draining your cash flow.
What is Equipment Financing?
Equipment Financing allows you to borrow money specifically to purchase equipment for your business. The particular equipment is used as security for the funds granted in this type of a loan, thus making it a popular and safe method to secure capital. By choosing Desi Lending you are eligible to have 100% of the equipment’s cost for business success.
How Equipment Financing Works
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Identify Equipment Needs: Find out the type of equipment needed in your business.
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Apply for Financing: You should submit an application to Desi Lending and fill the details with the equipment and your business.
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Get Approved: Our team reviews your application and usually, a decision will be made within a couple of days.
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Purchase Equipment: Once approved, you can purchase the equipment immediately.
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Repay the Loan: Pay back the money in instalments in the agreed period.
Key Features
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Flexible Terms: Choose repayment terms that fit your budget and business cycle.
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Competitive Rates: Take advantage of very low interest rates and this makes your expenses to be less.
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Fast Approval: Get quick decisions and access to funds, allowing you to act fast on business opportunities.
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Full Financing: Fund up to 100% of the equipment’s cost which retains your working capital.
Benefits of Equipment Financing
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Preserve Cash Flow: Maintain liquidity by spreading the cost of equipment over time.
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Stay Competitive: Update your equipment and other technology in use to make your business functional and capable in the current market.
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Tax Benefits: Where possible, make sure that you take any possible tax deductions that may be attached to the equipment financing.
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Improve Efficiency: Upgrade to more efficient equipment, reducing operational costs and increasing productivity.
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Flexible Repayment: Tailor repayment plans to match your revenue streams.
Common Uses for Equipment Financing
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Machinery: Acquire large equipment needed in production or preferably for construction.
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Vehicles: Finance company’s vehicle for transport and delivery.
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Technology: Acquire better computers, efficient software and better infrastructure related to IT sector.
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Medical Equipment: Leverage on equipment that are specific to medical practices for health care facilities.
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Office Equipment: Provide your office with basic equipment and office supplies as well as office furniture.
How to Apply
How to Apply for an Desi Lending?
Speaking of applying for Equipment Financing, it is quite easy to do with Desi Lending. Follow these steps
Assess Your Needs
Determine the equipment that will be required and its price.
Prepare Documentation
Prepare all possible documents, Financial reports of business, Quotes of equipment.
Submit Your Application
Start an Application online on our website and fill in all the necessary details and attach the necessary documents.
Get Approved
Documents will be considered by our team, and usually, our decision will be made within several days.
Purchase Equipment
Once approved, you can proceed with purchasing the equipment and start using it immediately.
We are Trusted and Loved by Our Customers
Our customers trust our lending firm for our steadfast services to providing financial solutions, exceptional service and delivering on promises with transparency and honesty.
Why Choose Desi Lending?
Here at Desi Lending we offer you business financing solutions that are tailored to enhance efficiency for your business. Here’s why you should choose us:
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Expert Advice: Consult our competent team of finance who will be happy to guide you in the right direction.
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Flexible Options: Access financing solutions that align with your business goals and budget.
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Quick Processing: Enjoy a smooth and efficient application process with fast approvals.
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Customer Focus: Our focus is dedicated to enhance your success by means of prime service and support provisions.
Frequently Asked Questions
Equipment Financing is a kind of loan that is used to purchase essential equipment for the business. The equipment being used as security to the loan.
Approval times may differ, however for Desi Lending the decisions are usually made within the period of a few days after the end of the client’s submission of the completed application accompanied with necessary documents.
Yes, Desi Lending offers financing options for both new and used equipment, provided it meets our lending criteria.
It is important to note that you can finance any type of equipment; it can be machinery, vehicles, technologies, medical equipment, as well as office furniture.
Repayment terms are affordable and streamlined to your business’s cash flow. Terms typically range from 1 to 7 years, depending on the type of equipment and your needs.