Equipment leasing

 

Equipment leasing is the easiest way to acquire capital equipment. And, leasing through a third party, allows you to add an additional financing source while managing your capital.

 

Even so, many people still question “why lease when I can own?”. Bottom line...its the use of the equipment that produces profits...not it’s ownership. We recommend that you own your appreciating assets (like real estate) and lease your depreciating assets.

 

We offer two easy options to acquire your capital equipment.

 

   

Remember, it’s the use of equipment that
produces profits...not it’s ownership


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Application only (Under $100,000)

Commercial lease (Over $100,000)

 

General information

Terms 24—60 months
No financial statements required
Personal guarantee required
Finance any type of equipment, including software

 


General credit guidelines

2+ years under current ownership
Personal credit history (Min. 690 credit score)
Business credit (Min. 70 D&B Paydex score)

 

 


 

General information

Terms 24—60 months

3 years corporate financial statements

3 years corporate tax returns
(if corporate statements not audited or reviewed)

3 years personal financial statements
(if corporate statements not audited or reviewed)

Personal guarantee (subject to review of corporate financial statements)

 

 

General credit guidelines

3+ years under current ownership

Personal credit history (Min. 690 credit score)

Business credit (Min. D&B — 70 Paydex score)

Satisfactory cash flow to cover proposed lease

Moderate corporate leverage