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John Deere/Great Dane have 0% for 24 mos. Also, they have one where you only pay 1% of the total financed the first year, so a $7,000 mower would only be about $70.00 a month. The second year it goes to 3%. I think it's a 9.9 apr. Pretty sweet deal if you're worried about overhead vs. income for the first couple of years.
I don't think that's true for everybody. If you're in your first 5 years of business you get your biggest tax breaks. Not only can you write off a percentage of the purchase price of the mower, but you can also write off depreciation. The best way to find out what would benifit you the most is to talk with a good CPA. Then make your decision of whether or not to finance. Another point to remember is that a lot of finance companies won't give you credit if you haven't filed taxes for a minimum of 2 years. That disqualifies you automatically if it's your first or second year as a business owner.
Just an opinion and a lifestyle, I will not have payments ever again.
Read your contract word for word and note what you are actually paying for on the bottom line. Also hope that during the time frame of payments that nothing reduces or eliminates your income. I will also bet that you can get at least 10% or more off your purchase if you pay cash.
Do what you want but it's not for me.
The borrower is slaved to the lender.