Financing for San Diego Businesses
Having the necessary equipment and technology to maintain business growth and success can be an incredible challenge for any small business in San Diego. Balboa Capital knows, as you do, that purchasing business equipment requires a big cash outlay. And your working capital is needed to pay your employees, purchase inventory and take care of other business expenses. Buying equipment and technology outright can use up your working capital and make it difficult to keep your business afloat. That’s where Balboa Capital’s equipment financing solutions can help, as we’ve done for many businesses in San Diego.
Save Money, Get Tax Breaks and More
The equipment leasing plans available with Balboa Capital can help preserve your working capital and keep your credit lines open. Leasing allows you to acquire the business equipment you need without a huge upfront cash payment. Doing the latter can be risky for any San Diego company. Sluggish sales or a sudden drop in the economy can really hurt your company and leave you holding numerous assets but no cash. Equipment leasing is an excellent alternative option to paying 100% cash. Not only is equipment leasing more affordable, it also presents your business with some tax advantages with Section 179. Submit an online equipment lease application today to get started.