Why Should You Work With an Equipment Leasing Broker?

When entrepreneurs need financing to help secure a piece of equipment, an Equipment Leasing Broker can be a valuable teammate in their professional network.

An Equipment Leasing Broker is a mediator between you, the equipment seller, and the lender, so that you get the best financing deal possible. An Equipment Leasing Broker uses their expertise to compare, source and process the best deals for your unique situation, no matter what line of business you’re in.

Here are a few reasons why your business should work with an Equipment Leasing Broker:

1. Access to a Network of Lenders
Equipment Leasing Brokers have access to a wide network of lenders and financing providers, which means they can find financing offers that best suit your business needs. Brokers offer alternative lending options when companies are experiencing growth; if you’ve reached a maximum credit exposure with one lender, they have access to more options. The benefit to you is that you do not have to re-introduce yourself or learn the new lender’s requirements. The equipment leasing broker takes care of that for you.

2. Expertise in Financing
Equipment Leasing Brokers have a deep knowledge of the equipment financing market and can help businesses navigate the different financing options available. Experienced brokers are capable of presenting their clients’ situation in the best light possible and negotiating the best structure. The stability of working with the same broker for many years (sometimes throughout the life of your business) will develop a deep understanding of your business and your business needs.

3. Time and Money Savings
Equipment Leasing Brokers can help businesses save time and money by providing an alternative solution with less paperwork. A broker manages each stage of your financing request; we guide you through the application process, explain the terms and conditions of your financing offer, organize all of the required documentation, process funding direct to the seller and provide ongoing support throughout the term of your lease.

4. Personalized Service
Equipment Leasing Brokers offer a personalized service to suit your business and your availability. Having access to contact a broker throughout a wide range of times is critical to effectively working together to ensure you get the outcome you are looking for, without all the stress of doing it yourself. An Equipment Leasing Broker is a trustworthy and honest teammate, and should be upfront with what they can and can’t do for you and your business.

Get the best deal for your business with a trusted Equipment Leasing Broker. Connect with me today!