How Does Equipment Financing Impact Your Business?
How does equipment financing impact your business? We posed this question to 18 business leaders and compiled real-world examples and insights that unveil the strategic advantages and pitfalls of equipment financing. Discover how savvy financing decisions have propelled these companies across various industries to new heights of success.
- Financing LiftMaster Openers Boosted Sales 15%
- Financing Trucks Enabled Construction Expansion
- Financing Carnival Rides Increased Event Bookings
- Financing Machinery Boosted Production Efficiency
- Financing Cleaning Equipment Increased Repeat Bookings
- Financing Key Programming Machines Attracted Customers
- Financing Warehouse Equipment Improved Cash Flow
- Financing Sound System Expanded Music Business
- Financing Drones Accelerated Roofing Inspections
- Financing Printer Elevated Photography Business
- Leasing Tools Protected Business from Depreciation
- Financing Tools Boosted Roofing Efficiency
- Financing Machinery Improved Production Workflow
- Financing Mower Increased Lawn Care Efficiency
- Financing Vehicles Protected Business from Inflation
- Leasing Hydro Jetter Increased Job Efficiency
- Financing Diagnostic Tools Improved Service Speed
Financing LiftMaster Openers Boosted Sales 15%
In my 20+ years in the garage door industry, financing equipment has been a game-changer for us. A few years back, we invested in cutting-edge LiftMaster garage door openers, opting for models with built-in Wi-Fi and advanced security features. This decision allowed us to offer something novel to our customers and, as a direct result, increased our sales by over 15% in the following year.
Additionally, financing enabled us to maintain a robust inventory, ensuring that our technicians—Jake among them—could respond to emergency repairs and installations with efficiency and speed. This has earned us a reputation for prompt service and contributed to our collection of over 1500 5-star reviews. The ability to finance equipment not only improved our operational flexibility but also improved customer satisfaction, which is vital in our competitive industry.
Investing in high-quality equipment also reduced the frequency of call-backs due to equipment failure, cutting our warranty service costs by roughly 10%. This efficiency trickled down to our bottom line, demonstrating the significant impact of strategic financing solutions.
Preston Hiller
Business Owner, Gecko Garage Door Repair Service
Financing Trucks Enabled Construction Expansion
I have been in the finance industry for quite some time now and have seen firsthand how equipment financing has positively impacted business operations. One specific example that comes to mind is when I worked with a small construction company looking to expand their fleet of trucks.
They needed additional trucks to keep up with increasing demand, but purchasing them outright was not an option due to budget constraints. That’s where equipment financing came into play. By securing a loan specifically for the purchase of new trucks, they were able to acquire the necessary vehicles without putting a strain on their cash flow.
As a result, the company was able to take on more projects and increase their revenue significantly. The new trucks also allowed them to complete projects more efficiently, increasing their overall productivity. This not only benefited the company’s bottom line but also improved their reputation and credibility in the industry.
Patrick McDermott
Executive Vice President, Max Cash
Financing Carnival Rides Increased Event Bookings
It’s allowed us to grow at a pace that would’ve been tough to achieve otherwise. By using financing to invest in new, high-quality equipment, we’ve expanded our service offerings and kept our clients coming back for more. For example, just last year, we used equipment financing to purchase a new set of carnival rides that were bigger and more reliable than anything we had before. Not only did it give us an edge in offering something unique at events, but it also helped us stand out in a competitive market.
The impact was immediate. We saw increased bookings for more significant events, like festivals and corporate gatherings. Having that high-end equipment available also allowed us to attract a broader range of clients, including some of the big names in Texas like the Dallas Cowboys and Taste of Dallas. It also boosted our reputation for delivering top-notch experiences—something we take great pride in.
Financing allows us to invest in the best gear without draining our cash flow, so we can continue growing while maintaining the quality of service our clients expect. It’s made a massive difference in our operations and how we approach future growth. We can keep raising the bar, and that’s been key to our success.
Joe Horan
Owner & CEO, Jumper Bee
Financing Machinery Boosted Production Efficiency
Equipment financing has had a significant positive impact on my business operations by allowing us to acquire essential equipment without depleting our cash flow. One specific example is when we needed to upgrade our production machinery to meet growing demand. Instead of paying the full cost upfront, we used financing to spread the payments over time, which allowed us to maintain cash flow for other operational needs.
This enabled us to increase production efficiency and meet deadlines more effectively, ultimately boosting customer satisfaction and helping us secure larger orders. The flexibility of equipment financing has been crucial for our growth, as it allows us to invest in necessary tools while keeping the business running smoothly. My advice to others is to explore financing options for equipment to avoid the strain of large upfront costs and free up resources for other priorities.
Nikita Sherbina
Co-Founder & CEO, AIScreen
Financing Cleaning Equipment Increased Repeat Bookings
In my experience, equipment financing has been pivotal in our transition from a small-scale operation to a larger, more efficient business. One area where we’ve seen significant impact is in the procurement of high-quality cleaning equipment. This investment allowed us to maintain the pristine condition of our properties consistently, which improved customer satisfaction and increased repeat bookings.
For instance, obtaining advanced cleaning equipment through financing meant we could streamline the turnaround process between guest stays. This efficiency not only saved time but also reduced labor costs and improved our overall service quality. As a result, we saw a noticeable uptick in our customer ratings and referrals, which directly contributed to a 15% increase in bookings.
By securing financing for such equipment, we were able to maintain our cash flow while also enhancing our operational capacity. This balance enabled us to focus on growth and customer experience, ensuring our properties meet the expectations of travelers and professionals seeking high-quality accommodations.
Sean Swain
Company Owner, Detroit Furnished Rentals LLC
Financing Key Programming Machines Attracted Customers
Through equipment financing, we have been able to upgrade our tools and technology without the burden of large upfront costs. Locksmithing has evolved far beyond traditional lock-and-key work. More businesses and homeowners are turning to high-tech security solutions like smart locks, biometric access, and cloud-based security systems. Without financing, keeping up with these advancements would have been a financial strain, leaving us stuck with outdated equipment that limits the services we can offer.
This was important when we needed to invest in new key programming machines for modern vehicles. Automotive security changes rapidly, and manufacturers introduce new encryption methods to prevent theft. The machines we had worked fine for older models, but newer cars required more advanced technology. Instead of putting down a large sum of cash, we financed the latest key programming equipment. This allowed us to service a wider range of vehicles, attract more customers, and stay ahead of competitors who were still relying on outdated tools.
Without financing, we would have been forced to either delay these upgrades or take on unnecessary financial risks. Having the flexibility to invest in better equipment as needed has kept us competitive and allowed us to grow without being tied to tools that quickly become obsolete.
Eli Itzhaki
CEO & Founder, Keyzoo
Financing Warehouse Equipment Improved Cash Flow
Equipment financing has allowed my business to keep our credit lines open for other expenses, which has made managing cash flow much easier. Paying for equipment upfront would have tied up a large portion of our capital, but spreading out the cost over time has kept funds available for inventory, marketing, and unexpected expenses. This flexibility has helped us stay prepared, especially during busy seasons when cash flow needs to be more fluid.
When we needed to upgrade our warehouse equipment to keep up with demand, we knew purchasing everything upfront would have drained a significant portion of our working capital, limiting our ability to invest in stock for upcoming sales periods. By financing the equipment instead, we kept our credit lines open and had the cash available to stock up on high-demand products ahead of time. That decision allowed us to handle increased orders without delays, keeping customers happy and maximizing revenue during peak periods.
Matt Little
Owner & Managing Director, Festoon House
Financing Sound System Expanded Music Business
Equipment financing has been a game-changer for my music entertainment business, especially when it comes to staying competitive without draining cash reserves.
A standout example was when we financed a state-of-the-art sound system a couple of years ago. The upfront cost of $60,000 would have been a major hit to our working capital, but through financing, we broke it into manageable monthly payments over three years. This allowed us to preserve cash for other priorities like marketing and staffing while still upgrading our equipment.
The right tools don’t just amplify the sound—they amplify your opportunities. That’s exactly what this financing decision did for us. With the new system, we were able to book larger venues and attract higher-profile clients who valued top-notch audio quality. It wasn’t just an upgrade; it opened doors to bigger gigs and boosted our reputation in the industry.
What made the experience even better were the tax benefits. Thanks to Section 179 of the U.S. tax code, we were able to deduct the full purchase price of the equipment in that tax year. This saved us thousands of dollars and provided a financial cushion during a period of rapid growth.
The flexibility of equipment financing has also been key. Instead of tying up cash in depreciating assets, we’ve been able to reinvest in areas that drive revenue. It’s like hitting the right note at the right time—it keeps everything in harmony. That’s how I see financing: not just as a way to acquire equipment but as a strategic tool for growth and stability.
If you’re running a business and considering financing, it’s worth exploring. It’s not just about spreading out costs—it’s about giving yourself room to grow while staying financially sound.
Sally Johnson
Owner, Green Light Booking, LLC
Financing Drones Accelerated Roofing Inspections
Drones and AI completely changed how roofing inspections worked, and financing them made it possible without a massive upfront cost. Before, a full roof assessment took hours of manual work, requiring a crew to climb, inspect, and document everything by hand. Now, a single drone scan completes the job in minutes, flagging problem areas automatically. The team moves faster, and reports go out the same day instead of lagging behind by a week.
One of the biggest time savers happened after a massive hailstorm hit a commercial district. Property managers needed inspections done ASAP, but traditional methods would have taken weeks to get through them all. With the financed drones, over 30 buildings were scanned in a single day, locking in contracts for repairs before competitors even got their crews on-site.
Nathan Mathews
CEO and Founder, Roofer
Financing Printer Elevated Photography Business
Equipment financing has been pivotal in scaling our operations. It allowed us to invest in state-of-the-art printing technology without compromising our cash flow, which was crucial during our expansion phase. One specific instance that stands out is when we secured financing for a high-resolution fabric printer.
At the time, owning such advanced equipment seemed like a distant goal, but financing bridged the gap, enabling us to deliver unparalleled quality that exceeded industry standards. This strategic move elevated our product offerings and set us apart from competitors, allowing us to build trust and loyalty with professionals who demand excellence. The decision to leverage financing wasn’t just about acquiring equipment but empowering innovation and reinforcing our commitment to redefining the photography industry.
David Zhang
CEO, Kate Backdrops
Leasing Tools Protected Business from Depreciation
Equipment financing has helped protect our business from the risks of depreciation, especially when it comes to high-cost tools and machinery that lose value over time. Tying up capital in equipment that starts losing worth the moment it is purchased can limit flexibility, but leasing allows us to keep operations running smoothly without worrying about resale value or outdated technology. This has improved how we manage resources and plan for future growth.
The impact this has had was on the specialized cutting and installation tools we use for sliding door repairs. These tools are essential for precision work, but newer models with better efficiency and safety features are released regularly. Owning them outright would mean committing to equipment that might not be up to industry standards a few years down the line. Leasing has given us the freedom to upgrade when needed, so our team is always working with the best tools without the financial burden of selling old equipment at a loss.
Gal Cohen
Business Development Leader & Field Area Manager, JDM Sliding Doors
Financing Tools Boosted Roofing Efficiency
In the roofing industry, financing equipment has been a game-changer for us. By investing in advanced roofing technologies, such as pneumatic nail guns and motorized cutting tools, we’ve increased our team’s efficiency significantly. This not only reduced the time required for installations by approximately 20%, but also improved our precision, resulting in fewer post-installation repairs.
One particular instance comes to mind when we took on a large commercial roofing project. Access to top-quality equipment meant we could complete the project two weeks ahead of schedule, saving on labor and overhead costs which could then be passed on as savings to our clients, enhancing client satisfaction and trust. This effective use of financing has allowed us to maintain high standards of craftsmanship while remaining competitive in the market.
Another benefit has been in maintenance and repair services. With specialized equipment, we can diagnose and fix issues more rapidly, reducing downtime for businesses and reinforcing our reputation for reliability. Equipment financing has empowered us to maintain strong client relationships by consistently delivering exceptional and timely service.
Nicholas Sanson
President, A-TEX Roofing & Remodeling
Financing Machinery Improved Production Workflow
Bringing in new production equipment through financing shifted the entire workflow overnight. Older fabric tensioning machines were holding things back, with delays adding up across every project. The new system doubled output without increasing staff hours, which meant faster delivery times and fewer late nights troubleshooting mechanical failures. Instead of tapping into reserves, stretching payments over time kept the budget balanced without slowing progress.
A major international contract put the new system to the test. Delivering on schedule would have been impossible with the previous setup, but the upgraded machinery kept everything running ahead of plan. Shipping weeks early led to follow-up orders almost immediately, proving that faster turnaround times open doors that outdated equipment would have slammed shut.
Barbara Robinson
Marketing Manager, Weather Solve
Financing Mower Increased Lawn Care Efficiency
Equipment financing has been a game changer, allowing me to invest in high-quality tools that improve efficiency and deliver superior results for my clients. One specific example is when I financed a top-of-the-line riding mower, which drastically reduced the time needed for large-scale lawn maintenance. Before this, maintaining expansive properties required multiple team members and extensive hours, often leading to increased labor costs and slower turnaround times.
With my years of experience in the industry, I knew exactly what specifications to look for in a mower, including power, maneuverability, and precision cutting. My horticultural certification also played a key role in selecting a model that would not just cut grass but would enhance lawn health by ensuring even distribution of clippings for natural fertilization. This investment allowed us to take on larger commercial contracts and high-end residential properties, increasing both revenue and client satisfaction.
Beyond just the financial benefits, this equipment upgrade reinforced the professionalism and reliability of my business. Clients immediately noticed the difference in speed and quality, and word-of-mouth referrals increased because of our ability to provide top-tier lawn care with precision and consistency. My deep knowledge of turf management meant I could train my team to use the mower effectively while maintaining proper cutting heights to prevent lawn stress.
This was a direct result of my hands-on experience and formal training, ensuring that the investment was not just about having better tools but using them strategically to improve results. Equipment financing did not just provide access to better machinery, it enabled smarter business decisions that have fueled long-term growth and client trust.
Andrew Osborne
Owner, Ozzie Mowing & Gardening
Financing Vehicles Protected Business from Inflation
Equipment financing has helped my company stay ahead of rising costs by locking in fixed rates before inflation could drive up expenses. Running an electrical business means constantly investing in tools, vehicles, and high-quality equipment to keep up with demand. If I had to buy everything upfront, I would have been hit hard by fluctuating prices and unexpected cost hikes. Instead, financing allowed me to secure essential equipment at predictable rates, protecting my business from inflation-related increases.
This was very important when I needed to upgrade multiple service vehicles. The cost of new vans was climbing every few months due to supply chain disruptions and rising material costs. Waiting any longer would have meant paying thousands more per vehicle. Because we financed the purchase with a fixed rate, I was able to lock in pricing before the changes took effect. This decision kept my cash flow stable and prevented me from absorbing higher costs down the line. It also meant I could keep taking on more tasks without worrying about whether I’d be able to buy new vehicles when they became necessary.
Daniel Vasilevski
Director & Owner, Bright Force Electrical
Leasing Hydro Jetter Increased Job Efficiency
There was a time when every blocked drain job required hauling out outdated gear that worked at half the speed it should. Signing up for a lease on a high-powered hydro jetter cut job times nearly in half, meaning more appointments each day without burning out the team. Instead of scrambling to cover upfront costs, payments spread over a couple of years made expansion a lot less stressful.
One of the biggest wins came during a flood-heavy season when emergency callouts hit an all-time high. With the new equipment, clearing stormwater blockages took hours instead of full workdays, letting the crew move from one site to the next with zero downtime. That translated to happier customers and a solid boost in revenue, proving that the right investment at the right time changes everything.
Caleb John
Director, Exceed Plumbing
Financing Diagnostic Tools Improved Service Speed
Upgrading to high-efficiency testing and diagnostic tools without a massive upfront cost has made a big difference in how we operate. Instead of stretching cash flow to buy equipment outright, financing spreads the cost, which means we can keep investing in other areas like staff training and project expansion.
We secured financing for thermal imaging cameras and power quality analyzers. Before that, we relied on older methods that took longer and didn’t provide the same level of accuracy. Once we got the new gear, we reduced troubleshooting time on complex electrical faults by almost half. That meant faster service, fewer return visits, and happier clients.
Adam Bushell
Director, AB Electrical & Communications