Material Handling: conveyors, lift trucks, warehousing equipment
Office: furniture, copiers, telephone systems
Computers: mainframe, servers, peripherals and software only
Medical: hospital, clinics, dentists, doctors—diagnostic, x-ray, lasers
Commercial: supermarkets, restaurants, shelving, checkout, POS, ATM
Printing: duplication, equipment, presses, laminators
Vehicles: light, medium, heavy duty trucks, trailers, owner/operator
*No age limit on used equipment
More flexible than Lease Agreements, this arrangement gives you full ownership of the equipment from day one without an initial large cash outlay as is with a lease. Yet, can still entitle you to the same tax benefits as a lease.
Some Examples We Offer
Gen'l Small-Ticket: $30,000 - $150,000, no financials, 1-pg application, 3-most recent bank statements
Gen'l Mid-Ticket: $200k - $20M, Public Companies - 1-pg application; Private Companies - full financial disclosure
Medical Equipment: $1,000 - $200k 1-pg application, 3-most recent bank statements. $200k+ full financial disclosure
Seasonal Financing: Up to 90-day deferred payment for seasonal businesses
Start-up Financing: Up to $50,000 with as little as 1-day in business. Additional funding with collateral or structuring.
Equipment Refinancing / Consolidation Programs: Refinance existing equipment, or consolidate old debt with a new equipment purchase. Merging can lower monthly payment and free-up cash flow
Equipment Equity Leaseback: Barrow up to 50% of appraised market value of qualified equipment you own. Typically used for for working capital or to payoff other, higher debt.
Pre-funding Dealer / Distributor Funding: Advance up to 50%-100% of equipment costs to vendor upon credit approval of the distributor. This pre-funding initiates payment to the vendor/distributor to get much needed equipment shipped to the customer.
We offer two options: 1) a Capital Lease where we retain ownership during the lease term, lessee has full use of the equipment and is considered to have the economic characteristics of ownership. It is to be considered a purchase asset for accounting purposes since the asset will be transferred at term. 2) a True Operating Lease allowing the lessor to claim additional tax benefits. Only the right to use the property is transferred not the actual ownership of the property. Thus, does not affect the balance sheet, but does give the lessee the option to purchase the equipment at fair market value at term.