Equipment Financing

Equipment financing is a type of financing that provides you, as a business owner, with the capital you need to purchase or lease equipment necessary for your operations. This type of financing is often used by businesses to acquire expensive equipment that they may not have the funds to pay for upfront.

At Sunrise savings & Loan, we offer equipment financing solutions that allow you to acquire the equipment that you will need without putting a strain on your cash flow. With equipment financing, you can obtain financing for the entire cost of the equipment and then you can repay the loan over a set period of time.

Equipment financing has several benefits, including the ability to preserve your working capital for other expenses, access to the latest in equipment and technology, and the ability to take advantage of tax benefits associated with your new equipment purchase.