The Equipment Leasing and Finance Association (ELFA) has launched a website dedicated to equipment financing. The site, www.EquipmentFinanceAdvantage.org, is designed to help businesses benefit from equipment leasing and financing.
Users will find comprehensive information to assist in the equipment financing process, ELFA said, including the benefits of equipment leasing and finance, types of financing options available, key information to know before signing a financing agreement and how to find an equipment financing company.
The site also includes:
- Top 10 Questions to Ask: Learn specifically the information you should have before entering an equipment financing agreement
- Equipment Finance 101: Review the types of financing, a lease vs. loan comparison, a glossary of terms and more.
- Success Stories: See real-world examples of companies using equipment finance for strategic advantage.
- Find a Provider: Connect with a member of the Equipment Leasing and Finance Association who can help your company lease or finance equipment. ELFA members adhere to high standards and fair business practices.
In addition, a series of short videos feature experts sharing insights on a range of topics, from maximizing cash flow to staying ahead of the curve to end-of-lease factors to consider.
“Equipment leasing and financing play a significant role in helping all types and sizes of businesses acquire the equipment they need, in all types of business conditions,” said William G. Sutton, ELFA president & CEO. “As a $628 billion industry, the equipment leasing and finance sector not only contributes to businesses’ success, but to U.S. economic growth, manufacturing and jobs. We are excited to offer the new Equipment Finance Advantage website to help equip business for success.”