TECHNOLOGY AND EQUIPMENT FINANCE

Need to buy, upgrade, or replace your equipment?

Our lease and subscription-based technology and equipment financing allows business owners to acquire new equipment with no money down and for a low tax-deductible monthly payment!

Financing everywhere you do business

Partners

We give ISOs, resellers, and technology providers a subscription finance tool to offer Point of Sale equipment and other technology with no upfront cost at a low monthly payments to business owners.

Merchants

We empower businesses with the financial tools they need and offer subscription-based solutions that give them the ability to upgrade, replace, or acquire new technology on a low monthly payment plan.

Get Swoop Financing

How does a technology finance agreement work?

At some point in your business, you'll need financing for software & hardware technology. Whether for upgrades, improvements, or replacing various pieces of technology to keep your business running smoothly, a technology lease or subscription can offer working capital to make the difference between succeeding or struggling. Access to funds will give you the security of being prepared for any technology purchase or update when you need it most.

How can I use a technology finance agreement?

Rather than spending money from your revenues to pay for high-ticket items, software subscriptions & hardware financing leases can be used to cover the daily costs of running your business. Technology finance agreements are diverse and can cover your business needs, from construction to restaurant software & hardware technology and everything in between. Additional ways you can use a technology finance agreements include:

Apply for funding now!

The Process

Swoop Finance's subscription-based financing technology makes your software and hardware solutions more affordable. Lead with the low monthly payment and turn prospects into loyal clients.

Benefits of a technology lease or subscription?

Easy Financing Options & Quick Approval – Applying through an online lender typically has a faster application process than traditional bank lending. A quicker application process and approval as it is less risky for the lender because the technology has the collateral built right in.
Preserve Working Capital & Cash Flow – Typically, with a low or even no down payment, you can use your working capital for other needs.
Increased Revenue & Net Value – Preserves your cash assets and increases net value and revenue.
Tax Benefits – Operating expenses can typically be used as a tax deduction. Monthly payments for technology loans may qualify as a tax deduction.
Flexible Payment Options – Many technology financing options offer monthly payments and quarterly, bi-annual, and annual repayment terms – Work with your lender to determine what is best for your business needs.
Long-term Business Investment – Purchasing technology with a loan instead of leasing them helps you invest in your business long-term because you own the technology.

How can I finance my technology?

When trying to get a loan through financing companies, a bank, or a credit union, you may find the time it takes to apply for the loan, the application process, and the wait for a credit approval challenging while you try to meet your short-term needs. Most small business owners need working capital on the spot to purchase, repair, or update technology.

One way to speed up the process is to consider applying online for software & hardware technology financing lease or subscription with a lender like Swoop Financing. Swoop Financing looks at real-time business data to provide you with credit approval for your technology finance agreement on the spot. That means you can have the additional working capital and funding you need to purchase or replace the technology you need faster.