Equipment Leasing | Advantages of Leasing | Types of Leases | Lease vs. Bank Loan | Equipment Lease Application | Equipment Leasing FAQ | Industries |

Equipment lease vs. bank loan: What's the difference? Here at Renewable Global Energy, we've got the answers and information you need. As you are probably well aware, the small business loan application process with your bank is very involved and requires a lot of information about your personal and business credit. Banks will ask to see your tax returns, business financial statements and personal financial statements. In addition, getting a small business loan approved by a bank can take up to several weeks or longer. It's also difficult to get approval for your bank loan. Equipment lease vs. bank loan... what's the clear winner? It all depends on your individual needs and financial situation.

What's the Best Choice for Your Company?

A lack of working capital or business credit can prevent you from getting your small business loan approved. That's where equipment leasing can help. An equipment lease is a viable option for businesses of all shapes and sizes. It enables you to get common office equipment and highly specialized equipment and technology for a monthly payment that doesn't break the bank. And you'll be glad to know that financing is much easier than getting a small business loan, particularly with a top equipment leasing company.

We have an easy one-page application that takes just minutes to complete. Credit approvals are provided in as little as one business day, and the ability for same-day funding is available, if qualified. We hope this equipment lease vs. bank loan comparison sheds some light on the differences of each. And if you would like to move forward with an equipment lease, just submit your online application.


*Please Note: Renewable Global Energy/MBE Services Inc does not guarantee that Lease Applications made through this website will be approved. All applications are screened and only those who qualify may be approved. By applying for a Lease through this website, you understand and agree that Renewable Global Energy and/or MBE Services Inc reserves the right to assign the Lease to a third-party reputable Leasing Company and also has the right to share the information that you provide in the Lease Application to such Third-Parties.