Why You Should Finance Your Power Equipment Purchase
Landscaping and outdoor projects require robust and versatile tools to power through work. Where traditional equipment takes a lot of time to accomplish any given task, power equipment can do the same work in less time and more safely and efficiently. However, the latest power tools are big-ticket investments, and you will need to spend a hefty amount of money to buy them. If you are shopping for power equipment on a tight budget, you will want to consider getting your machinery financed.
Holder and Sons Equipment is your local equipment dealer, and we know how you can buy the machinery you need for your work without breaking the bank. Keep reading this guide, where our experts have highlighted a few benefits of financing your purchase. If you have more questions, our experts can address them.
Get the Equipment Sooner
As stated earlier, power machinery, especially the more specialized models, can be expensive. This means that you might need to save up for a long time to buy the tools you need for your work.
Opting for a finance plan can help speed up this process. All you will need to arrange is a down payment of 10-20% of the total cost of your machinery. You can pay the remaining amount in monthly installments with interest.
Explore More Options
If you have someone backing your purchase, you can make bolder and better decisions. This means that you can explore a wider variety of machines instead of only the affordable models. You can look up brands and models you didn’t consider earlier due to price constraints, and you can peruse bigger and more specialized models rather than get stuck with outdated tools.
Choose Higher Quality Tools
Another perk of opting for a financing plan is the flexibility to choose higher quality and better equipment. You can check out the latest machines with cutting-edge technology and features, and you can also consider getting more specialized tools for your projects. This way, you can buy the perfect machinery for your work and boost productivity on your project.
Maintain Cash Flow
More importantly, equipment financing allows you to hold on to your cash or working capital. You can skip the hassle of emptying your wallet into one purchase and have the money with you to spend on other business items that need your attention.
You can use the money you saved to pay off the remaining installments or buy aftermarket accessories to make your equipment safer and more reliable. You can also get more tools for your work to accomplish your chores quickly and efficiently.
We hope you find this guide handy when choosing a financing option to buy power equipment for your work. If you have more questions or need help selecting a financing plan, contact Holder and Sons Equipment. Our friendly experts can address your concerns and help you purchase your preferred power equipment quickly. Our dealership is in Durham, NC, and we proudly serve Raleigh and Greensboro.
