In this economic state many Americans are concerned about their ability to maintain a good credit score. If you are in the market for equipment for your business you may be concerned about taking out a loan because of the impact it may have on your credit score and your ability to take a loan out for another purpose.
That is where Five Point Capital can help. Equipment leasing through us will not affect your personal credit. Banking products such as Loans and Bank lines add debt service to your personal credit which eventually makes it more difficult for you to acquire additional money from them when you need it because your credit score goes down.
No matter how good your credit is when you get a bank loan it will affect your credit score because you now have debt and the potential for more debt. Many people who have used banks to secure equipment for their businesses are now in a state of panic because they no longer of a bank loan to fall back on. Banks are tightening their lending standards and having a great credit score is a must to secure a loan.
Do not try to finance equipment through a bank, when leasing with Five Point capital it stays under the credit radar and ensures that your equipment need will not affect you future borrowing.
