Equipment Leasing
Your business can experience the many benefits of leasing-- it is affordable, cost effective and saves you valuable time and effort.
Top Ten Reasons Why Leasing Makes Dollars (and Good Business Cents) for You!
- Affordable, fixed monthly payments
- 100% financing, lease-to-purchase plans
- $1 buyout at the end of the lease term
- Simplifies capital budgeting
- Improves cash flow management
- Keep your cash! Pay monthly, as your new system performs a service for you
- It's easy to add-on equipment and system upgrades with our "Master Lease"
- It's easy to apply - submit a one page application form
- It's convenient - you never have to leave your office!
- Potential tax benefits (consult your tax advisor)
LAST RESORT PROGRAM
Our Last Resort Program will work with clients of ALL INDUSTRIES that have already been declined by A, B or C-Credit leasing programs. This program allows the lessee the following possibilities:
Lease terms for up to 62 months with purchase option at end of lease of 10% or FMV
Security deposits-if large-to be paid partially by pledging additional collateral in the form of free and clear equipment. All transactions will have a minimum of 5% as security deposit, owner operators 20% as security deposit and carriers 10% security deposit.
Co-signer: A co-signer is allowed in cases where the lessee's FICO score does not fit the minimum FICO score of 560 required by this program. Co-signer does not have to be involved in the business. Co-signer should be willing to present two years of tax returns and a personal financial statement.
This program requires a minimum of 16% of the equipment lease as up-front payments and in the worst case scenario a maximum of 35% of the equipment lease amount as up-front payments. Some of these up-front payments are in the form of a security deposit which will be returned at end of lease.