To put it simply, a pre-approval is an informal financing plan that allows you to budget and plan ahead for new equipment. If you know you’ll need new equipment in the next two months or so, but don’t have a specific piece picked out, then a pre-approval would be the perfect place to start. By applying for a pre-approval, you can find out the terms of a potential financing plan without any commitment. Pre-approvals also allow you to see details of a potential payment plan that a simple quote wouldn’t offer. From lease length to interest rate, you’ll get it all with a pre-approval. Not only does it allow you to be 100% sure you can get financing, but also allows you to know exactly what your budget is before you start shopping.
Check out our Perks of Pre-Approval White Paper by clicking the image or link below to learn more.