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100% Financing
- Acquire new equipment with little or no money up front.
- Better align costs with productivity by including freight, prep,
and sales tax in the lease agreement.
Lower Periodic Payments
- Payments are typically lower than loan financing.
- Flexible payment schedules, including skip and step payments, can be designed to match the client's cash flow needs.
Flexibility and Simplicity
- Flexible end of term options: return, renew or purchase.
- Simple documentation and one page credit application.
Off-Balance Sheet Financing
- In many cases, businesses may acquire needed equipment without adding an asset and a corresponding liability to the balance sheet.
Tax Advantages
- Many lease structures provide the opportunity to deduct lease payments pre-tax as an operating expense.
Eliminate Obsolete Equipment
- Equipment can usually be returned without penalty at the end of the lease, allowing for newer, more efficient equipment to replace the returned equipment.
- Leasing allows for a planned replacement cycle by timing lease expiration with the equipment's optimal service life.
Limited Purpose Equipment
- For clients who need equipment to perform a contract of limited duration, the lease term can match the anticipated term of the job contract. At the conclusion of the lease term, the lessee would have the option of returning the equipment, extending the lease, or purchasing the equipment. If the job contract were extended, the lease could be renewed for a period consistent with the job contract extension.
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Fast response and credit answers. Typically, a credit decision is made within four hours. View our financing options.
Dealers who would like to submit a retail credit application or review the status of a submitted application, please login. For more information, please contact us or call 800-642-9387.
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