Financing as a Growth Engine for Your NDT Service Company

Cash is your most valuable asset. Financing allows you to keep your cash resources in reserve. Use of equipment generates cash flow that will cover the monthly payment and generate additional revenue. This facilitates growth of your company's capabilities and top line revenue.

With financing, you can depreciate the value of the equipment in the year it is acquired, even though you are financing it over a longer term.

Another option is an operating lease where you can address technology obsolescence but with the following added benefits of a lease:

• Lower monthly payment

• End of term options that allow for future upgrades or replacements (Return, Purchase, Continue to Finance)

Financing and leasing allow you to turn capex equipment into opex to maintain cash flow for payroll, training, and other expenses.