Equipment Financing / Leasing:

JMS Global Enterprises understands that having the right equipment is essential for businesses to operate smoothly and efficiently. However, purchasing new equipment can be a significant investment and a strain on cash flow. This is where equipment financing or leasing comes in as an excellent financing option for businesses in need of new equipment.

Equipment financing or leasing is a type of secured loan that allows businesses to acquire the necessary equipment for their operations without having to pay the full cost upfront. Instead, the lender provides the funds to purchase or lease the equipment, and the borrower makes monthly payments over a set period.

One of the significant advantages of equipment financing or leasing is that the equipment itself serves as collateral for the loan. This means that the lender has a lien on the title of the equipment, much like a new automobile. As a result, equipment financing or leasing is generally more secure than an unsecured loan. This makes it easier for businesses with lower credit scores to obtain financing since the lender can recoup their losses by repossessing the equipment if the borrower defaults.

JMS Global Enterprises offers equipment financing or leasing with loan amounts of up to $5,000,000, making it possible for businesses of all sizes to obtain the equipment they need. The loan term can range from 12 to 72 months, depending on the type of equipment being financed or leased. Monthly payment frequencies make it easier for businesses to budget and plan their finances accordingly.

To be eligible for equipment financing or leasing, businesses typically need a credit score above 625 or a co-signer. JMS Global Enterprises understands that some startups or newer businesses may not have established credit yet. In such cases, JMS Global Enterprises offers starter loans that can help them build their credit history.

By offering a variety of financing options, including equipment financing or leasing, JMS Global Enterprises is committed to helping businesses obtain the funds they need to grow and thrive. Contact JMS Global Enterprises today to learn more about equipment financing or leasing options that may be right for your business.