Equipment Leasing, Lease Equipment

Utilizing equipment leases to finance the acquisition of new equipment for your business not only makes sound financial sense, it is quick and easy. We specialize in customizing equipment leasing programs for each individual business situation. Your lease request is matched with the lender that offers the best program for your situation. With hundreds of lenders in our network, we are able to get you the best deal at the best terms on the market.

We will help you fund your equipment purchases starting at $5,000 up to acquisitions of up to $5,000,000. In fact, equipment leases under $75,000-$100,000 may be able to be processed with a simple one page application. For the busy business executive, equipment leasing offers a quick and easy way to get new equipment installed. We can get you approved for your equipment lease in 1-2 business days, many times even the same business day!

Advantages of Leasing

	100% Financing. Most leases are for the full purchase price of the equipment. Unlike loans, leasing requires no down payment is at the time of purchase. Business can also build in "soft" costs such as training, shipping, installation, and more.
	Conserve your working capital. By leasing your business capital will not be tied up in equipment. Those funds can be diverted for other uses such as marketing, cash flow needs, or whatever your company needs to thrive.
	Improve operations by eliminating obsolete equipment. Leasing also allows you to update equipment regularly. By constantly reducing or eliminating outdated equipment you business will be able to stay on the cutting edge, increase product quality, and increase your speed to market.
	Great tax benefits. Leasing provides an array of tax benefits. Lease payments may be fully deductible unlike loan payments.
	Advantageous balance sheet treatment. Depending on how your lease is structured, lease payments show up on your balance sheet as a business expense and not a liability. This will lighten the debt load of the company compared to a company that owns equipment which will cause the company to show a stronger net worth position on paper. As mentioned, lease payment can be 100% tax deductible.
	Flexible lease options make it easy to budget for new equipment. Lease programs can be tailored to fit you situational needs. For example, if your business is seasonal, lease payment schedules can be customized to what fit your cash flow history. Will there be a “ramp up” period where your business won’t see immediate cash flow increases from the equipment? Deferred payment programs are available and may make the equipment acquisition more attractive.
	Nearly any type of equipment can be leased. So no matter what industry your in, chances are leasing will be a financing option for you.
	It’s a SIMPLE & FAST process to get your lease funded. Getting approved for a lease and getting the transaction funded is a less strenuous process than obtaining a bank loan. In fact, if your equipment purchase is $75,000 or under we only need a simple one page application to get you funded. Some industries will even allow for one page applications of up to $150,000. No hassle tracking down financial statements and paperwork.

Types of Leases

Purchase Lease

A purchase lease allows you to buy the equipment at the end of the lease agreement. The most common form of purchase lease is to attach a nominal value at the end of the lease. For example, a lease may have a $1 or $100 buyout. This means once the leaser pays the stated amount at the end of the lease agreement, they acquire ownership of the equipment. The buyout may also be stated as percentage of the purchase price. Ten percent buyouts are often used in lease agreements.

Operating Lease

An operating lease may also be referred to as fair market value buyout. In this case the business will have the option to purchase the equipment for the fair market value. This will help reduce the payment, but will typically be more expensive to retain ownership at the end of the lease.

Leasing Programs

Start-Up Leasing

While more difficult to obtain, leasing can be provided for new businesses. Start-Up business will typically need to have a strong business plan and a good personal credit history.

Deferred Payment Plan

In some cases, businesses may choose to defer the initial payments of the lease. This program is popular in cases where the equipment will be used for some time before the business realizes additional revenue from it. Payments can be deferred for 2-6 months.

Seasonal Lease Payments

This payment plan was created for businesses that may have seasonal cash flow issues. During times of strong cash flow payments can be set to be higher than times of low cash flow.

Step Up and Step Down Plans

Payment plans can be structured to increase or "step-up" over the term of the lease. This allows for the business to grow into the payments. On the flip side, payments can be structures to decrease or "step-downs" over the term of the lease.

Industries Served

As mentioned before, businesses can purchase nearly any asset that a business will need. Below is a small example of industries and equipment served by leasing

Industry	Examples
Agricultural	Tractors, Harvesting Equipment, Pumps, Implements, etc.
Construction	Bulldozers, Concrete Equipment, Trenchers, Backhoes, Scaffolding, etc.
Medical	Medical, Chiropractic, Physical Therapy, Dental, Optical, X-Ray, MRI, Laboratory Equipment, Computers, Software, Furniture, etc.
Technology/Computers	Computers, Networks, Software, Storage Drives, Digital Imaging, Printers, etc.
Office	Computers, Networks, Filing Systems, Furniture, Software, Security Equipment, etc.
Factories and Machining	CNC, Milling, Drills, Die Cutting, Lathes, Stamping, Lasers, Grinding, Injection Molding, Punches, Robotics, etc.
Commercial Vehicles	OTR Trucks, Trailers, Dump Trucks, Tow Trucks, Two-Way Radios, etc.
Restaurants	Bakery Equipment, Restaurant Seating, Freezers, Ranges, Ovens, Beverage Equipment, etc.