Extra Cash From Your Hobby

For businesses dealing with equipment, micro-ticket leasing can provide significant advantages to the enterprise. Because it reduces the demand on a business’s cash flow, it need not invest in high-tech equipment that may quickly become obsolescent. In addition, it leaves their bank credit options 소액결제현금화 open. This is the reason leasing is one of the fastest growing methods of financing equipment in the market today. Therefore, it is no surprise, that about 80% of all US businesses today acquire a portion of their equipment on lease. Leasing is an option not only for small family businesses; even Fortune 500 companies use it.

With micro-ticket leasing, a business is not required to pay upfront for the equipment it is leasing. This keeps the business’s working capital free for use for other business uses, such as maintaining critical inventory levels. Waiting time for the required equipment is almost zero, as the processing time required is very low. Moreover, any startup or fairly new business, with no or little credit or business history, may be eligible for a micro-ticket lease. Even for businesses that have exhausted their business credit line with the banks, micro-ticket leasing may provide an avenue for continuing the business.

So, how does micro-ticket leasing really work? This leasing is available for any hardware or equipment costing between $1,000 and $10,000. If the total sale is less than $100K, the purchaser may not need to show any financial information while submitting the application. Unlike standard bank loans, purchasers with business history of less than two years are readily approved. Approval is usually obtained within one or two working days, with the purchaser receiving a term sheet that can be reviewed and, then, accepted or declined. The major benefit being, micro-ticket leasing companies can say yes, even when banks might have refused the transaction.