Financial Services
This form of capital can be used in two different ways:
The right mortgage finance company can work wonders for a business. Any company that relies on a mortgage to conduct business understands how important, and frustrating, a mortgage can be. At Nufi, our experts specialize in a variety of financial services, one of them advising on mortgage financing. As businesses begin to incur more expenditures and find themselves struggling to pay costs, a mortgage finance company may be something to look into. Nufi works hand-in-hand with our fellow businesses to ensure that paying a mortgage for their places of business is always manageable.
A little More Information
Loan
Taking out a loan means you intend to purchase equipment with that loan. Typically, the equipment secures the loan, and it will be collected as collateral if a business can no longer pay the loan. These loans can be useful for business owners that require a piece of equipment long-term but can’t afford to make the purchase outright.
Lease
Leasing equipment for your business is a popular option if your business needs to trade out equipment frequently or doesn’t have the necessary capital to pay the down payment required for a loan. A lease is also more likely to cover additional soft costs associated with shipping and installing the equipment.
Rather than borrowing money to purchase the equipment, a business will normally pay a fee to borrow the equipment. The leasing company will typically maintain ownership of the equipment but let your business use it. Leasing options often vary, but a Nufi specialist can help you determine which leasing option will best serve your unique needs.
Taking out a loan means you intend to purchase equipment with that loan. Typically, the equipment secures the loan, and it will be collected as collateral if a business can no longer pay the loan. These loans can be useful for business owners that require a piece of equipment long-term but can’t afford to make the purchase outright.
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