{"id":1677,"date":"2023-03-12T15:11:11","date_gmt":"2023-03-12T19:11:11","guid":{"rendered":"https:\/\/adiacapital.com\/?p=1677"},"modified":"2023-03-17T14:57:31","modified_gmt":"2023-03-17T18:57:31","slug":"warehousing-equipment-financing-deals-rates","status":"publish","type":"post","link":"https:\/\/adiacapital.com\/financing-equipment\/warehousing-equipment-financing-deals-rates\/","title":{"rendered":"Warehousing Equipment Financing Deals & Rates"},"content":{"rendered":"\t\t
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Warehouse equipment financing can be a real problem solver for a growing business.\u00a0\u00a0
Because the when you’re increasing inventory and trying to reduce labor costs you need to make meaningful changes in 2 areas:\u00a0<\/p>

  1. The way your warehouse is organized. That means new pallet racks, drive-in racks and mezzanines<\/li>
  2. Equipment you use to pick, pull orders and rack incoming inventory.\u00a0<\/li><\/ol>


    And equipment financing or leasing can make those upgrades cost effective and quickly accomplished.\u00a0<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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    Kinds of equipment financing available <\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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    Most people use the terms financing and leasing interchangeably. And while they do both describe ways to purchase equipment on a payment plan, there are some fundamental differences too.\u00a0<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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    Leasing warehouse racking and equipment <\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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    Fundamentally, when you use an equipment leasing service you’re paying for its use over a period of time.\u00a0<\/p>

    When you lease a forklift, for example, you might make payments for 36 to 72 months and not own the vehicle at the end of the term. So in one sense you’re never really contributing toward ownership of the forklift.\u00a0<\/p>

    At the end of the lease you often have either the option OR the obligation to purchase it for the remaining value.\u00a0\u00a0
    One big advantage to leasing is that the monthly payment is typically much lower than a financed purchase.\u00a0<\/p>

    Companies choose equipment leasing programs for your warehousing equipment upgrades because of lower payments, or if you expect technological advances to make the next model more attractive.<\/p>

    There are different types of leases available, but all share these basic terms.\u00a0<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t

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    Financing warehouse equipment <\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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    Financing is a more commonly chosen <\/span>option<\/span> for SMEs or bigger businesses for the following reasons:<\/span><\/span>\u00a0<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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