Shrink Wrap Machine Financing
Simple application. Simple process.
Simple application. Simple process.
The go-to process for packaging edible and non-edible products is shrink wrapping. A specialized machine heats a temperature-sensitive film to be stretched around a product. When the film cools, it closes down and tightly seals the product in place. The film creates a seal that protects products from air, moisture, and humidity. If your business needs a shrink wrap machine and you want to avoid using your capital on a one-time cash purchase, you have come to the right place. Balboa Capital is a top-rated business lender that offers shrink wrap machine financing with predictable monthly payments.
When you finance a shrink wrapper, your business’s cash position and line of credit can remain free for other expenses and growth opportunities. Meanwhile, you will use the machine to help run and grow your business.
These are some of our minimum lending requirements, and meeting them does not constitute approval.
Should you apply for equipment financing, additional lending criteria will determine if you qualify.
You will be glad to know that Balboa Capital offers funding to finance all types of shrink wrap machines. These include L bar sealers, side seal wrappers, tunnel units, and combo/bundle systems. So, whether you want to replace an outdated machine with a newer model or get a bigger, more robust machine that can handle more volume, we are ready to help. To get started, submit a simple application that asks for basic information about you and your business.
We will review your information and contact you with a credit decision during our regular hours. If you get approved and want to proceed, your Balboa Capital account manager will help facilitate the next steps. Finally, the machine you finance might qualify for the Section 179 tax deduction. This IRS tax code lets businesses deduct all or part of eligible equipment purchased or financed and put into place before December 31. Not all types of equipment qualify for Section 179, so it is recommended that you discuss this with your accountant or tax professional.
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