Flexibility that fits.
- New and used equipment
- 100% Financing *
- Keep your credit lines open
- Competitive pricing, terms and structures
- Financing of soft costs, installation and services
Leasing offers advantages that owning does not. Leasing improves financial ratios, increases cash flow and conserves your customer's cash. Section 179 of the IRS tax code allows businesses to deduct the full purchase price of equipment purchased or financed during the tax year. This benefit also applies if you lease equipment under a finance lease structure. This means that if you buy (lease or finance) a piece of equipment, you can deduct the FULL PURCHASE PRICE from your gross income. You can also keep pace with technology by creating lease terms that match the useful life of the equipment.
- Lease Lines of Credit
- Finance and TRAC Leases
- Tax advantages**
- Fleet management expertise
- Reduces risk
- Customized repayment structures
- Preserve your working capital
Consider These Lease Options
Consider the unique needs of your customer's business, how long they plan to use the equipment, and whether the equipment may become obsolete due to new technologies or from regular wear and tear. The business plans for their equipment helps determine the best lease structure (operating of finance lease).
Operating Lease: Your payments are generally lower based on shorter terms and residual values. Once the term of the lease is complete, you either return the equipment, purchase it, or renew the lease at its fair market rental.
Finance Lease: The customer retains ownership of the equipment and owns the depreciation and interest expense. The full equipment cost is paid over the term of the lease, and at the end of the lease term, the customer owns the equipment for a nominal purchase price ($1.00 buyout).
Lease Line of Credit/Guidance Line: A pre-approved guidance facility to provide 100% financing for multiple equipment needs over an extended period of time allows the customer to purchase the equipment needed over a pre specified period of time.
- Transportation and Construction
- Food Service & Hospitality
- Titled Vehicles
- Industrial and Commercial
- Office and Telecom
- Cities, Counties & School Districts