Why choose our equipment lease financing program
When it comes to equipment leasing, we have partnered with a direct lender which allows
more flexibility in approval decisions. Our business equipment leases do not require financial
statements and can go up to $250,000 (and many times more) using just a one page application.
Business owners can utilize the equity in the equipment as collateral.
In our current economic landscape bank loans are more difficult and time
consuming to obtain. Our lender has streamlined the lease approval
process making things easy on you when needing any type of equipment leasing
options.
According to the US Small Business Administration, 80% of
businesses lease a portion of their equipment. Ease of credit approval, speed
and the tax benefits are the main reasons companies choose equipment leasing and
financing. Equipment leasing also affords business owners the ability to
grow their businesses without significant out of pocket expenses.
See the equipment lease example and benefits below.
Sample $75,000 Equipment Lease
Lease Amount
$75,000
Term (months)
60
Payment
$1,556
Tax Write Off
(assuming 35% tax bracket)
$544
Net After Tax Lease Payment
$1,012
Total Cost of Ownership Over Lease Life
$60,720
Benefits of Leasing include:
Cash Flow – By making monthly
payments, businesses can pay for the equipment with the improved cash flow
generated from their new technology. Leasing affords a variety of options
to match payment terms to business flow of cash, whether cash flow is
project-based, seasonal, related to expansion, etc.
Obsolescence Protection –
Leasing allows you to match payment plans to the equipment’s expected useful
life. Leasing provides flexibility at the end of the term to allow you to
either take ownership of the equipment or walk away and acquire new
technology.
Tax Treatments and Benefits –
You may be able to write off 100% of your lease payments from your corporate
income because the IRS generally does not consider an operating lease to be a
purchase. Please consult your accountant for the exact application for
your business.
100% Financing – Leasing
typically does not require a large down payment and you can finance up to 100%
of the equipment cost. In many cases service, supplies, installation,
warranty and other soft costs can be included in the lease. This gives you
more money to invest in other revenue-generating activities and makes it easier
to afford multiple products or just save it for times when you need cash
most.
Speed –
In most cases, we can approve businesses up to $250,000 in equipment lease financing
with a one page credit application. Approval can usually be secured in less than
24 hours.
Preserve Cash and Bank Lines –
Preserve cash and bank lines by using equipment leasing as an alternative form
of financing specifically for capital equipment. Use this financing option
to maximize liquidity and access to capital by preserving cash and bank lines
for other business needs.
Strengthen Company Credit –
Most of our Financing lines are tied to the business and will not be reflected
as leverage on your personal credit report. As an alternate result, our
financing lines will build-up and strengthen your business credit as we report
the positive pay history you establish.
more flexibility in approval decisions. Our business equipment leases do not require financial
statements and can go up to $250,000 (and many times more) using just a one page application.
Business owners can utilize the equity in the equipment as collateral.
In our current economic landscape bank loans are more difficult and time
consuming to obtain. Our lender has streamlined the lease approval
process making things easy on you when needing any type of equipment leasing
options.
According to the US Small Business Administration, 80% of
businesses lease a portion of their equipment. Ease of credit approval, speed
and the tax benefits are the main reasons companies choose equipment leasing and
financing. Equipment leasing also affords business owners the ability to
grow their businesses without significant out of pocket expenses.
See the equipment lease example and benefits below.
Sample $75,000 Equipment Lease
Lease Amount
$75,000
Term (months)
60
Payment
$1,556
Tax Write Off
(assuming 35% tax bracket)
$544
Net After Tax Lease Payment
$1,012
Total Cost of Ownership Over Lease Life
$60,720
Benefits of Leasing include:
Cash Flow – By making monthly
payments, businesses can pay for the equipment with the improved cash flow
generated from their new technology. Leasing affords a variety of options
to match payment terms to business flow of cash, whether cash flow is
project-based, seasonal, related to expansion, etc.
Obsolescence Protection –
Leasing allows you to match payment plans to the equipment’s expected useful
life. Leasing provides flexibility at the end of the term to allow you to
either take ownership of the equipment or walk away and acquire new
technology.
Tax Treatments and Benefits –
You may be able to write off 100% of your lease payments from your corporate
income because the IRS generally does not consider an operating lease to be a
purchase. Please consult your accountant for the exact application for
your business.
100% Financing – Leasing
typically does not require a large down payment and you can finance up to 100%
of the equipment cost. In many cases service, supplies, installation,
warranty and other soft costs can be included in the lease. This gives you
more money to invest in other revenue-generating activities and makes it easier
to afford multiple products or just save it for times when you need cash
most.
Speed –
In most cases, we can approve businesses up to $250,000 in equipment lease financing
with a one page credit application. Approval can usually be secured in less than
24 hours.
Preserve Cash and Bank Lines –
Preserve cash and bank lines by using equipment leasing as an alternative form
of financing specifically for capital equipment. Use this financing option
to maximize liquidity and access to capital by preserving cash and bank lines
for other business needs.
Strengthen Company Credit –
Most of our Financing lines are tied to the business and will not be reflected
as leverage on your personal credit report. As an alternate result, our
financing lines will build-up and strengthen your business credit as we report
the positive pay history you establish.