Equipment Leasing
When you need a new piece of business equipment or vehicle, but don’t have the cash on hand to pay for it, equipment leasing could be the solution. We can help you get any type of equipment, from machinery to software, to trucks and trailers and more. Plus, we have programs for all credit levels.
How Equipment Leasing Works
We assess the strengths and weaknesses of your application and walk you through which type of lease program is best. We submit the application and can typically get an approval within 24-48 hours. Funding times can vary between a couple of days and a few weeks, depending on the type and age of equipment.
Benefits of Equipment Leasing
- An equipment lease/lease buy back transaction can be executed and funded in less time than tranditional financing alternatives
- Turn unencumbered equipment into working capital
- Refinance old equipment for more favorable terms and monthly payments
- Decision can be based on the asset/equipment when credit or financials are less than perfect
- Upgrade equipment as technology changes