Six Reasons To Finance A Waste Oil Furnace Purchase
As you know, converting to a waste oil furnace offers significant cost savings over time. But as with any worthwhile investment, not all businesses are capable of managing the upfront costs to take advantage of the impressive ROI and long-term benefits.
That’s precisely why we have partnered with leading financial institutions to offer financing options to Clean Energy Heating Systems customers. We want every business to have a way to reap the rewards of waste oil heating.
Why finance the purchase of a waste oil furnace?
It makes the purchase more affordable.
By financing a waste oil furnace, you can avoid making a big outlay of cash all at once that might cause you to feel strapped. You might more easily absorb the cost of the equipment, installation, and delivery by choosing to make lease payments over a period of time.
It frees up cash for other investments.
By financing your waste oil furnace purchase, you’ll have more funds to invest into other aspects of your business, where they might generate more significant returns.
It conserves cash for the unexpected.
Surprises happen! But with more readily available money left in your bank account, you can maintain a financial cushion to accommodate any unanticipated business expenses that arise.
It simplifies budgeting.
Incorporating lease payments into your financial forecasting efforts is simple. With fixed amounts due on a consistent basis, you always know what to expect.
It might result in some tax benefits.
Monthly lease payments are tax deductible, thereby reducing your tax liability throughout the fiscal year.
It might help you improve your credit rating.
Credit bureaus typically react favorably when you finance a purchase and consistently demonstrate your sense of responsibility by making payments on time. That means your credit score might improve as a result of financing a waste oil furnace.
If you want to learn more about the flexible terms and low monthly payments available when buying a Clean Energy Heating Systems waste oil furnace, simply complete the form on the Financing page of our website. We’ll respond promptly to answer your questions and help you apply!