3D Printing Equipment Financing

For businesses in the manufacturing and design industry, securing adequate financing for your 3D printing equipment can be a crucial step toward success. BNC Finance, a reliable name in business financing solutions, is here to help make this process simpler for you. This guide will explain how to secure 3D printing equipment financing with BNC Finance, outline the types of 3D printers you can finance, and discuss alternative financing solutions. 

Table of contents

Obtaining 3D Printing Equipment Financing with BNC Finance 

Securing 3D printing equipment financing with BNC Finance involves a straightforward, step-by-step process: 

  1. Application

    The process begins with completing an online BNC Finance website application. This application requires basic business information, a description, and/or a quote for the 3D printing equipment you wish to finance. In some cases, additional documentation may be needed. 

  2. Review and Approval

    After you submit your online application, BNC Finance will review it. If you meet the necessary qualifications, your financing is typically approved within a few business days.

  3. Funding

    Once your financing is approved, the necessary documentation is executed, and a verbal verification is completed. The funding is then released directly to the vendor or equipment dealer from whom the 3D printing equipment is being purchased. 

Apply for 3D Printing Equipment Financing

Types of 3D Printing Equipment That Can Be Financed 

BNC Finance provides financing for a wide range of 3D printing equipment, catering to the diverse needs of businesses in the manufacturing and design industry. Here are some types of 3D printers that can be financed: 

  1. Fused Deposition Modeling (FDM) Printers: These printers are popular for their ease of use and affordability, making them ideal for prototyping and educational purposes. 
  1. Stereolithography (SLA) Printers: Known for their high accuracy and finish quality, SLA printers are often used for creating detailed prototypes and complex models. 
  1. Selective Laser Sintering (SLS) Printers: These printers use a laser to fuse powder material layer by layer, creating durable and complex geometric objects. 
  1. Direct Metal Laser Sintering (DMLS) Printers: Direct Metal Laser Sintering (DMLS) printers utilize a laser to fuse metal powder together, enabling the creation of high-quality metal parts. These printers operate by spreading a fine layer of metal powder onto a build platform. The laser selectively melts and solidifies the powder according to a 3D computer-aided design (CAD) model, building the part layer by layer. This additive manufacturing process allows for the production of intricate geometries and complex structures. DMLS printers are widely employed in industries such as aerospace, automotive, and medical, where precise and durable metal components are essential. 

Alternatives to 3D Printing Equipment Financing 

While 3D printing equipment financing is a popular choice for many businesses, other solutions exist. BNC Finance also offers alternatives that may better suit your business needs: 

  1. Line of Credit: A business line of credit provides flexible access to funds up to a set limit. You only pay interest on the funds you use, making it a cost-effective option if you need a continuous source of funds for various operational expenses, including equipment maintenance and upgrades. 
  1. Working Capital Term Loans: These loans offer a lump sum you pay back over a set term. They’re typically used for larger, one-time expenses. A working capital term loan could be a sensible choice if you’re planning to invest in advanced 3D printing equipment or expand your business operations. 

In conclusion, 3D printing equipment financing with BNC Finance opens up numerous opportunities for businesses in the manufacturing and design industry. By understanding the financing process, recognizing the types of printers that can be financed, and considering the alternatives, you can make the most informed decision.

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