Golf Equipment Financing
Golf Equipment Financing for new and used golf carts and golf course maintenance equipment is provided by most financing companies that have equipment lending or leasing programs.
Golf equipment is considered a very strong asset to finance because of the strong resale market for used assets and the long asset life for most asset types, especially golf carts.
Here’s a list of the more common golf related assets that get financed by Canadian based lending and leasing companies.
- Golf Cart
- Golf Utility Vehicle
- Electric Golf Cart
- Gas Golf Cart
- Aerator
- Leaf Blower
- Bunker Rake
- Trencher
- Sweeper
- Top Dresser
- Rotary Mower
- Push Mower
- Zero Turn Mower
- Greens Mower
- Fairway Mower
- Rough Mower
- Trim Mower
- Golf Range Equipment
- Beverage Cart
- Weed Eater
- Sprayer
- Brush Chipper
- Loader
- Dump Trailer
- Tree Spade
- Chipper
- Golf Utility Vehicle
Keep in mind that this is not an exhaustive list and that any golf related item you may be looking to finance that is not listed may still qualify for financing with the programs we work with.
Because of the lower credit risk certain lenders place on golfing equipment, the related financing rates for equipment loans and leases are some of the lowest available in the market for any type of equipment financing.
As a result, you can get great rates on both new and used golf equipment. Most lender or lease approvals also provide financing amounts at or near 100% of the purchase price, further saving on your cash flow.
If you’ve just started the process for acquiring some additional golf equipment, then I would strongly suggest that you give us a call and get pre-approved for financing first.
Once you know how much money you have available to spend, you can more quickly zero in on the most relevant options, and negotiate as aggressively as you like, knowing that the funding is available for your use. If a vendor accepts your offer to purchase or bid, all that’s required to complete the financing process in most cases is an invoice from the vendor outlining what you’re looking to acquire and the terms of sale.
Multiple items can also be put under one lease, or separate leases if you prefer. There is also the ability to finance a cash sale after the fact through either a loan refinancing program or a sale and leaseback transaction through an equipment leasing company. This will get the cash used to purchase the asset or assets back in your hands for use in other areas of your business or just to increase your available cash reserve.
No matter what your situation or specific needs relating to golf equipment financing, we suggest that you give us a call so that we can quickly assess your situation and provide the best available options.