Financing

• More Info
  
  
• Application
  

         Coming Soon: Online Application

Benefits of Financing

• Convenience – Do you want to spend your time chasing down financials, reports on the business and principals, and tax returns for the last several years? Do you enjoy filling out tedious application packages for a bank when you should be running your business?  Of Course Not! So don’t get caught in the rat race -Choose leasing. Your simple one-page lease application is usually the only document needed to get the lease process rolling.  This takes the bureaucracy out of financing equipment for businesses with a very quick turn-around period. Applications can be approved within 24 hours!
• Flexibility - Do you have slow months or unexpected cash flow problems? Leasing is very flexible. Leasing provides you with greater structuring flexibility such as number of months (term), differing purchase options, and flexible payment plans (no payments, deferred payments, seasonal payments, low payments). It’s that clear and easy.
• Save cash flow and working capital - Did you ever spend cash and later realize, "Wow, I could have used that cash for something else (i.e. unforeseen expenses, payroll, and advertising)"? Leasing provides you with another source of funding your new equipment outside of spending your hard earned cash.
• Tax benefits - Do you want to take advantage of tax benefits? Leasing may offer you tax benefits you didn’t realize. Tax benefits that allow you to deduct monthly payments from taxable income. Monthly payments on operating leases are typically viewed as operating expenses and can offer significant tax benefits. Generally, leases with shorter terms as 36 months may save you big money in the long run. 
  
  When equipment is purchased with cash or a bank loan the customer must depreciate the asset over its economic life. Whereas, deducting the entire payment reduces taxes and may be more advantageous than depreciation when the lease is shorter than the depreciable life of the equipment. * You should always consult with your CPA to determine the most tax beneficial lease for your company.
• Fast, easy approvals - What does this mean? Fast and easy as in a simple 1-page application, this is all it takes for you to get approved within 24 hours! Typically requests for up to $50,000 and some cases $250,000, can be approved with only a 1 page application. How’s that for fast? On a good day you’ll be lucky to get through the bank lines in 24 hours. Let alone, filling out the bank’s tedious application packages that request that you chase down financial statements, reports on the principals, and tax returns for the last seven years. 
  
  Besides, wouldn’t you rather spend your valuable time running your successful business? Leasing provides you a quick turn around period which equates to convenience and more time for you to spend on running your business. Alleviate personal debt and free up personal credit. Leasing keeps your capital sources and personal lines of credit open and available to you in case they’re needed for short-term requirements. You never know when the budget is going to put a squeeze on your spending.  So why not keep your other avenues open? Leasing usually provides a non-conflicting source of credit, thereby increasing the customers’ borrowing base. When structured properly, the ‘lease debt’ will not be listed as a liability on your financial statements (off-balance sheet financing). This may allow you to preserve your borrowing availability with your bank and other creditors. You win with a better debt-to-equity and earnings-to-fixed asset ratio. 
• 100% Financing - With a lease you can be comfortable in the fact that you can finance 100% of the equipment. Traditional lenders and banks will normally offer 70-80% financing leaving you with a problem. Where are you going to come up with the other 20-30% to put down? 
  
  Leasing provides you with minimal up-front cost and the flexibility to tailor a plan that meets your business needs. If saving your cash flow is important to you and if you’re going to finance your commercial equipment doesn’t it make sense to get 100% of it done?