We will fund the equipment you need outside of an independent or factory dealer.
How would this help your business?
Refinancing your business assets, like equipment or fleet vehicles, is a critical practice for many organizations. Refinancing is an effective way of negotiating your current financial terms and sorting out ways to make your payments work for your business. This can mean beefing up your monthly premiums to reduce borrowing time, or increasing the term of your borrowing to result in lower monthly payments, effectively increasing your available working capital.
Equipment Finance is a powerful means for enhancing purchasing power that is used by many businesses as a tool to acquire equipment and expand operations. There are are number of ways to finance new equipment, and as your business grows, substantial capital will be required. Financing a large equipment purchase helps you to alleviate the strains on existing capital and improve organizational cash flow.
Businesses and organizations can increase their market share in a variety of ways – namely through innovation, demonstrating flexibility, and strengthening relationships with their customers. Enabling your business to benefit from an increased percentage of overall market share puts you at a competitive advantage within your industry.
When Paolo Piovesan was looking to expand his equipment transport business, he turned to Travelers to help him make this happen.
"I was looking to tackle another segment of the industry under a new corporation. I wanted an affordable payment but more importantly a down payment that wouldn’t drain my start up cash. Travelers offered all of the above with incredible speed and ease.”