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.
Empowering Merchants
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.
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.
Replace Technology
Update your existing software & hardware technology with newer models
Repair Technology
Fix technology that has been damaged without depleting your cash reserves
Purchase New
Acquire brand new technology to expand your business capabilities
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 & Quick Approval
Faster application process than traditional bank lending with quicker approval as the technology serves as built-in collateral.
Preserve Working Capital
With low or no down payment, you can use your working capital for other business needs.
Increased Revenue & Value
Preserves your cash assets while increasing net value and revenue for your business.
More Benefits of Technology Financing
Tax Benefits
Monthly payments for technology loans may qualify as tax-deductible operating expenses.
Flexible Payment Options
Choose from monthly, quarterly, bi-annual, and annual repayment terms based on your business needs.
Long-term Investment
Purchasing technology with a loan instead of leasing helps you invest in your business long-term as you own the assets.
How can I finance my technology?
When trying to get a loan through traditional channels like banks or credit unions, you may find the application process and wait time challenging while trying to meet your immediate business 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 with a lender like Swoop Financing.
Get Approved Faster with Rhyno Financing
Rhyno 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.