Navigating the world of equipment financing can feel like a maze, especially with the financial twists and turns over the last several years. From a global pandemic to inflation spikes, it’s been quite the rollercoaster for business owners to try and navigate. So, what does all this mean for businesses looking to grow? Let’s dive in and break down the nitty-gritty of the current financing scene and what it holds for the future, including understanding the timing and purpose of taking out a business loan. How are Equipment Financing Rates Determined? Equipment financing rates are influenced by the lender’s…