Equipment Lease Financing may be the best way to grow your business. Not only does it provide many tax advantages, but for companies which use equipment that becomes outdated quickly, it allows you to only pay for what you use. And can be a much more cost effective way to obtain the equipment necessary to increase your revenues. For example IT equipment lease financing offers you the opportunity to purchase the equipment at the end of the lease at fair market value, or turn it in and replace it with the newest hardware and software available, with no further obligation.
Types of Leases We Offer
- Application only $15,000 to $250,000
- Middle market financing up to $500,000
- Large ticket over $500,000
Fast Approvals. Up to 84 months to repay, with excellent rates.
Sale & Lease Back
Many companies need working capital for expansion and do not want to use their bank lines for working capital. We have a program that enables you to use the equity in your existing equipment to provide your company with working capital. We buy your equipment and lease it back to you and when all the payments are made you own the equipment again.
If you have just started your business, and need working capital, we can help you grow by financing the equipment you need to be successful. Conserve your precious capital by acquiring any necessary equipment through Business Equipment Leasing, and pay as you go.
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. If you have equity in your equipment, we can structure your financial needs to help you rebuild your company.
Medical Equipment Leases
We offer very competitive equipment financing to medical providers of all types. Physicians, Dentists, Veterinarians as well as other disciplines. We have several programs customized for the medical community and cater to the needs of medical professionals of all specialties.
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
- 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 discuss your specific needs.
- 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 a 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 to lease 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
For most Applications, the approval process is based on a simple, one page application. Simply download and complete the application and either sign, scan and email it back to us, or fax it back to us at the toll free fax number. 1-321-233-9936, including information on the business entity, the equipment being purchased, the cost, and information on the vendor.