Leasing and Financing is one in the same when it comes to equipment, depending on how the lender structures the end of term. With our financing, the leases are always structured with a $1.00 buyout, so the outcome is the same as a direct loan. The the lease is structured as such that you have full ownership after the final payment is made.
Leasing (our finance option) affords you the option of getting new equipment now and paying for it in small manageable payments. You can start earning money with your equipment before your first payment is due!
We offer monthly payments that range from 12 to 60 months and ensure the best fit for your business. We also offer variable payments* upon request that can be matched to seasonal cash flow variations.
IRS tax codes allows your business to deduct the full purchase price for the equipment you finance as you pay for it! You essentially get to deduct 100% of the equipment costs*!
We can structure your lease so that it meets FASB requirements for “off balance sheet” accounting.
Keep potential lines of credit open for financial emergencies and use leasing to help build your business credentials with any bank.
Commerical leases do not include bank liens, restrictive covenants, rate escalator clauses, “call anytime” provisions, compensating balance requirements, or many of the other surprises related to traditional lending.
We do offer financing to businesses based in the USA and Canada. For financing in Canada, the regions that allow financing are: Ontario, British Columbia, Alberta, Manitoba, Saskatchewan, Nova Scotia, New Brunswick, Newfoundland and Labrador and Prince Edward Island.
*Terms & conditions may vary, dependent on your specific situation.