Equipment Leasing Financing

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Equipment leasing & finance firms - funding types

Leasing the equipment you need rather than purchasing:

  • Gives you the equipment, software, and furniture your business needs
  • Does not tie up your cash, receivables, credit cards, or bank lines
  • Reduces the amount of cash you need and can be expensed for taxes
"Very Impressive. Your service opened the
doors for us to get the money we needed."
Allan Morrell - US Publishing, Inc.

 

Capital Type Capital Type Definition
Leasing Contract for a fixed period of time in exchange for payments, usually in the form of rent for equipment. Typically lower credit requirements.
Municipal Leasing A lease transaction with any government agency (i.e. Federal, State, County, City etc.).
Sale and Leaseback Sale of an asset for cash, with a contract to lease the asset back from the funding source purchasing the asset. Sales tax an issue here.
Financing Making of a loan using the equipment as collateral. Good operating history, credit rating, debt ratios are the keys.

 

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Use IRA/401k to Finance Your Business

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