Types of Leases We Offer
- Application only to $75,000. No financial statements necessary.
- Middle market financing up to $500,000
- Large ticket over $500,000
Approvals for application only in 24 hours. Middle market and large ticket
usually take 3-5 days. Up to 84 months to repay with excellent rates.
These programs are for companies established for two years or more.
Sale & Lease Back
Companies need working capital for expansion and do not want to
use their bank lines for working capital. We have a program where we
can use the equity in your existing equipment to give your company the
working capital it needs. We buy your equipment and lease it back to you
and when all the payments are made you own the equipment again.
Startup Program
Most financial institutions will not finance companies that are just going
into business. If your company has just started in business, or is in
business for a short time usually less than two years, we can help you
grow by financing the equipment you need to be successful.
B, C and D Credits
In these tough economic times many businesses have suffered
financially. Additionally, the owners of these companies have seriously
damaged their personal credit. We have developed a “second chance”
program to help these companies. We can structure your financial needs
to help you rebuild your company.
Government and Municipal Leasing
We can provide lease financing to any government or municipal entity
with guaranteed approval. The rate is determined by the rating of the
municipality or government agency. A partial list of who we finance is
listed below:- Federal Government Agencies
- Armed Services
- State Agencies
- Public Schools
- Police Department
- Fire Houses
- Libraries
The above list is only an example of what we can finance. We can
finance any state or federally controlled entity.
Please contact us so one of our finance specialists can contact you to
discuss your specific needs and how we can arrange the financing your
company requires.
Why Lease?
Leasing is the right choice!
Leasing is one of the fastest growing ways of acquiring equipment in
business today. Recent surveys found that 80% of U.S. businesses, from
Fortune 500 to the local family business, lease some portion of their
equipment. A growing business often faces the dilemma of limited cash
flow and the need to add equipment. Leasing can put the equipment to
work for you with real cash flow advantages and without major capital
investment. We can lease virtually any type of equipment, including
software and installation.
Low monthly payments
The monthly lease payment will usually be lower than the payment
required by other methods of financing.
No need to tie up capital
Keep your business’ cash for future needs, unexpected expenses or
working capital when revenues are low.
You can always lease equipment – you can’t lease money!
Most types of financing require down payments of up to 25%, whereas
leasing covers 100% of the cost of the equipment. Most leases require
only one or two payments in advance. Get immediate use of the
equipment with minimal up-front cost.
Preserve existing lines of credit
Leasing has no impact on your bank credit lines. Protect your borrowing
power for other business needs or opportunities.
Eliminate obsolescence
Technology is changing at a rapid fire pace. What meets your business’
needs today may be obsolete three years from now. Leasing allows you
the flexibility to maintain a competitive edge by giving you today’s best
technology then allowing you to upgrade when the equipment has
outlived its advantage.
Fixed payments through the term of the lease
Unlike bank lines of credit that usually have variable rates, lease
payments are fixed no matter what happens in the market. By choosing
leasing you won’t be a victim of skyrocketing interest rates. Remember
the 80’s when rates rose from 9% to over 20% in one year? That can’t
happen with leasing.
Significant tax and accounting advantages
Leasing eliminates the need for complicated depreciation schedules
since lease payments are generally line item expenses on your P&L
statement. And since lease payments can usually be treated as a pre-tax
business expense you may even reduce your taxes. Paying cash for
equipment automatically adds 30-40% to the cost when you realize that
cash = profits and taxes are paid on profits. Leasing is the right choice! It
minimizes demands on cash flow, eliminates obsolescence, keeps your
bank lines open, saves on taxes and shelters you from the market.
Click here for more information.
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