Does Your Business Need to Lease New Or Used Laser Hair Removal Equipment?
Laser hair removal machine leasing is becoming more readily available through our leasing partners here in Canada and the U.S.
It wasn’t all that long ago that laser hair removal machines were a pretty tough sell with commercial equipment lease financing companies due to the relatively short time on the market and the lack of a well developed and predictable resale market.
But as the demand for this type of service has grown, so has the need for supplying these types of machines. And when you’re focused on acquiring well known brand names and brand models, there is also a good chance of getting used laser hair removal equipment financed as well.
Lease financing is going to be somewhat cheaper for new equipment compared to used in most cases with longer repayment periods provided for new equipment as well. That being said, if you can get a good price on a used piece of laser hair removal equipment, a small additional financing cost can be offset by a great purchase price.
Get Laser Hair Removal Equipment Leasing That Meets Your Business Needs
Because many of the applicants for these types of assets are small shop owners, some that are either starting a business based on this service, or are relatively new in business, its important to make sure that you provide a good solid cash flow projection of your operating costs and projected revenues when applying for lease financing, especially if the laser hair removal unit is going to cost more than $50,000.
For amounts under $50,000, you may be able to rely more heavily on just your personal credit and guarantee to get the deal done, but the more information you can provide to show the strength of your ability to repay the equipment leasing facility the better.
Lease financing is also possible for assets acquired through a private sale either before the initial purchase is completed or after the fact. The key with buying from a private vendor is to make sure the asset is in good working order and that the leasing company will get a clean title to work with where all past financing registrations are removed.
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