Here’s How I’m Paying for a New Laptop for My Small Business Without Racking Up Debt

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Don’t go into debt when buying a new computer for your small business. See one way to make a costly business purchase without going into debt. [[{“value”:”

A quality laptop can last many years — but there will come a time when it will need to be replaced. I purchased my previous laptop in 2015 and used it regularly for nine years. While it still functions, it started showing more signs of wear. Since I’m a self-employed writer, this year felt like a good time to invest in a newer device for my business needs.

I decided to buy a new model to get more done without tech-related slowdowns. But buying tech, such as a desktop computer or laptop, isn’t cheap. I’m also a long-time Apple fan, so I knew the model I wanted would cost a lot of money. Find out how I made this business purchase more affordable without draining my business bank account or going into debt.

I funded my purchase using a 0% APR credit card

I do my best to keep extra cash in the bank for emergencies, but I found another way to fund my laptop purchase. The last thing I wanted to deal with was credit card debt, so I avoided using my existing business credit card. Instead, I applied for a new credit card to finance my purchase.

Several business credit cards have 0% APR promotional offers. With a 0% APR credit card, you can avoid interest charges for a set time as long as you pay off your debt before the promotional period ends. But keep in mind that if you don’t pay the balance off before the no-interest period ends, you’ll be charged interest.

Some 0% APR offers are for purchases, while others are for balance transfers. I got a credit card with a 0% APR offer on purchases and then charged my credit card when buying my new laptop. This afforded me more time to pay it off without incurring credit card interest charges.

I make monthly payments on the card as I chip away at the debt, and I fully intend to pay the entire purchase off before the promotional period ends so I don’t pay interest fees. Because of this, I won’t have to worry about credit card debt or have to dig into my savings.

If you need to buy new tech for your small business or have other business purchases you plan to make, you should explore this payment solution. Check out our list of the best small business credit cards to learn more about each card’s features.

Another way I saved money on this purchase

In addition to thinking about the best way to finance this purchase to stay out of debt, I also looked for other ways to maximize my savings. I waited to buy my laptop during a big electronics sale. I was able to get a $500 discount by timing my purchase. I also earned rewards because the credit card I used to pay for it was a rewards credit card.

Look for ways to save money and earn rewards without racking up debt

Do you need to buy new technology for your company? Comparing prices and shopping around for the best deals could offer significant savings. Every dollar you save adds up and can be a win for your business.

Earning credit card rewards is yet another way to maximize your savings when you pay for expenses. Using one of the best cash back business credit cards can help you earn cash back rewards when paying for essential items for your small business.

Alert: highest cash back card we’ve seen now has 0% intro APR until nearly 2026

This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!

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The Ascent does not cover all offers on the market. Editorial content from The Ascent is separate from The Motley Fool editorial content and is created by a different analyst team.Natasha Gabrielle has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple. The Motley Fool has a disclosure policy.

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