Lease Financing
Lease financing or equipment leasing is a way to acquire the things your business needs to operate. Lease Financing enables you to pay for purchases in monthly installments rather than using your cash reserves or accessing your bank lines of credit.
Advantages of Lease Financing
• Preserves Cash Flow
Lease Financing can lower out of pocket expenses and free up cash for other valuable uses.
• Tax Benefits
Your business may be able to expense 100% of the monthly lease payment to help reduce your tax obligations, depending on the structure of the lease.
• Expanded Credit Availability
If structured properly lease debt does not have to be shown as a direct liability on your financial statements and consequently will allow you to preserve your borrowing availability with your bank and other creditors.
• Flexibility of Structure
Financing may be structured to accommodate a business’ unique cash flow requirements. Some examples are:
1.Terms – Ranging from 24 months to 84 months.
2.Deferred Payments – This program provides the Customer with an initial period at the beginning of the Contract, usually the first three to six months, requiring only token monthly payments.
3.Seasonal Payments – This program provides payments that are tailored to the seasonal cycles of some businesses.
4.Step Up Payments – This program provides a structure with payments starting at a low amount and periodically increasing throughout the term.
• Simplified Credit Process
Our credit application is easy to complete and we can provide up to $150k in an APPLICATION ONLY PROGRAM.
This program features a “no financial statements required” application for companies that pass the criteria. Sample terms and rates are available on request.
TYPES OF EQUIPMENT WE PROVIDE LEASING FOR INCLUDE:
• Agricultural Equipment • Audio/visual Equipment • Auto Repair Equipment • Communications Equipment • Computer Systems • Construction Equipment • Durable Medical Equipment • Fitness Equipment • Home Health Equipment • Manufacturing Equipment • Machine Tools |
• Material Handling Equipment • Laboratory Equipment • Medical Equipment • Motor Vehicles • Office Equipment • Printing Equipment • Restaurant Equipment • Woodworking Equipment • And More... |
There are a variety of ways leasing agreements are structured, including “Lease to Own” or “deferred payment “plans. Different businesses have different requirements and we look to accommodate your needs.
Contact us to see how we can help you get what your business needs.
Back to top
