by entering how much you expect to spend.
Financing For Used Equipment
Purchasing used equipment rather than new can potentially save you thousands of dollars, but there is a problem. I can be difficult to secure financing, especially with less than perfect credit. Luckily, we may be able to help you secure the loan that you need online. Take a look at the advantages of online lending and then see how to get your offer.
Get Paid In Cash
First, your online loan will be a cash loan. If you are approved and you accept your financing, you will have cash deposited directly into your bank account. That makes you a cash buyer with the ability to shop for your equipment wherever you like.
Bad Credit Is Not An Obstacle
Another benefit is that bad credit may not be a problem. With dozens of lenders in the loan network, your chances of getting a yes are increased. Many of these lenders even specialize in bad credit financing, so your equipment is closer than you think.
Buy Your Equipment Quickly
Speed is one more benefit of online lending. Once you accept an offer, your lender will deposit money directly into your bank account. This can happen as soon as the next business day.
Getting Your Offer
Obviously, there are many benefits to going the online route, but just how do you get your loan offer. It could not be easier.
Step1: Fill In Your Quote Form
First, head up to the top of this page and fill in the quote form. Start with the amount you expect to spend on used equipment and then enter some information about yourself. A valid checking account number will also be necessary, because that is where your lender will send your money.
Step 2: Get Your Financing Offer
Next, submit your form and get your offer. If approved for a loan, one lender from the group will make you a cash offer. The details of the offer will be available to you on the lender website. Loan details are between you and your lender, we do not have your financial information.
Step 3: Make The Right Choice
Once you have had time to review your loan offer, you can decide whether or not to accept it. Do so and you can have funds in your bank as soon as the next business day.
Buying Used Equipment
The first thing to consider when purchasing used equipment is how long it will last and how well-made it is. If you are purchasing something that will be used for an extended period of time, you want to make sure that the quality is high and that it won’t break down easily.
The second thing to consider when buying used machinery for sale, whether if you’re getting a good deal on the price or not, depends on your budget and needs. If money isn’t an issue then go ahead and buy the best-quality equipment you can. If you’re on a tight budget, then consider buying less expensive equipment that will last for a few years.
Finally, you need to consider the source of the used equipment. You will get a better deal going directly to the original owner, but it is a riskier proposition. Used equipment dealers will often have a better inventory and may offer some sort of warranty.
