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Window Cleaning Equipment FinancingFinancing allows you to purchase the equipment you need with flexible and secure options! |
The Short Term Solution
Paypal Credit is an interest-free solution to pay for your equipment. You have an initial agreed upon term to pay off your debt. If you pay off your debt or balance in its entirety before the end of the term it is an interest-free purchase. This method is ideal for the window cleaning industry because busy season yields maximum profit and cash flow. Create a payment plan that works for you as long as you can off the full balance in 6 months!
Cost of equipment: $1,200
Amount of Loan: $ 1,200
Interest Rate: N/A
Term: 6 months
Monthly Payments: Up to you!
Interest-Free Paypal Credit
Easy Payments with PayPal Credit lets you get what you want, when you want it, and budget your payments as you go. Let’s say you have a water fed pole you would like to purchase that costs $1,200. The best time to pay is when it’s right for you and maximum cash flow is present. So, when you check out with PayPal and choose PayPal Credit, you can take advantage of their special financing offer: No Interest if paid in full in 6 months on purchases of $99 or more.
*You must have a Paypal account for this type of financing. Clear here to sign up!
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The Long Term Solution
Equipment financing or leasing allows a third party to use their private funds to finance your purchase. They assume all the risk in hopes for a higher level of return on their investment. Although you will have to pay more to finance the equipment, you will be able to spread out the cost over an extended period of time which is ideal for many situations and business owners. Enjoy the flexibility of lower monthly payments over a greater span of time.
Cost of equipment: $1,200
Amount of Loan: $ 1,800
Interest Rate: 12%
Term: 1 year (12 months)
Monthly Payments: $159.93
Traditional Equipment Financing/Leasing
Let’s say you have a water fed pole you would like to purchase that costs $1,200. The financing company offers to loan you the cash to purchase it but will charge you interest to do so. You pay more but are given the flexibility of a longer time to pay it off. As well, the lender has requested you pay back the loan in 1 year (or 12 months). With a fixed interest rate, this means that this $1,200 piece of equipment will actually cost you $1,800 ($600 in financing fees). The monthly payments would be $159.93.
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Learn MoreLearn more about how financing can benefit your window cleaning businesses. |
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