LOAN PROGRAMS

EQUIPMENT LEASING LOANS

 

Leasing is the Answer 
While it is appealing to purchase and own your own equipment, leasing can free up significant capital for small business owners to expand or tend to other financial needs.  In industries that change rapidly, leasing can keep your equipment from being obsolete, enabling you to stay current with new technology.  In addition, you can transfer the cost of equipment maintenance to the leasing company, reduce your tax by deducting leasing costs as a business expense, and eliminate the hassle of removing outdated equipment. 

Sales & Leasing
If your company has just started business or needs to reserve capital for expansion and does not want to use up the cash on hand to buy equipment, we can help with a loan program to purchase the equipment and lease it back to you.  When you have completed all the payments, you own the equipment out right.

Advantages of Leasing:

•    Fixed payments through the term of the lease, no rate increase.
•    Low up front cost
•    Low monthly payments
•    No need to tie up capital, preserving business cash for future needs.
•    Eliminate obsolescence
•    Significant tax and accounting advantage

 

For more information on obtaining Equipment Leasing Loans or any questions regarding our business funding process, feel free to Contact Us.