Financing Services:

EQUIPMENT LEASING

Types of Leases Offered

1. Application only to $250,000. No financial statements necessary.

2. Middle market financing up to $500,000

3. Large ticket over $500,000

Approvals for application in only 24 hours. Middle market and large ticket usually take 3-5 days. Up to 84 months to repay with excellent rates. These programs are for companies established for two years or more.

Sale & Lease Back

Many companies need working capital for expansion and do not want to use their bank lines for working capital. We have a program where we can use the equity in your existing equipment to give your company the working capital it needs. Your equipment is purchased and leased back to you. When all the payments are made you own the equipment again.

Startup Program

Most financial institutions will not finance companies that are just going into business. If your company has just started in business, or is in business for a short time usually less than two years, we can help you grow by arranging the equipment financing you need to be successful.

B, C and D Credits

In these tough economic times many businesses have suffered financially. Additionally, the owners of these companies have seriously damaged their personal credit. Our partners have developed a “second chance” program to help these companies. This results in having your financial needs structured to help you rebuild your company.

Government and Municipal Leasing

Through our network of lenders, we can provide lease financing to any government or municipal entity with guaranteed approval. The rate is determined by the rating of the municipality or government agency. A partial list of who can be financed is listed below:

• Federal Government Agencies

• Armed Services

• State Agencies

• Public Schools

• Police Department

• Fire Houses

• Libraries

The above list is only an example of what can financed. Financing can be arranged for any state or federally controlled entity.

Please contact us so one of our finance specialists can discuss your specific needs and how we can arrange the financing your company requires.

Why Lease?

Leasing is the right choice!

Leasing is one of the fastest growing ways of acquiring equipment in business today. Recent surveys found that 80% of U.S. businesses, from Fortune 500 to the local family business, lease some portion of their equipment. A growing business often faces the dilemma of limited cash flow and the need to add equipment. Leasing can put the equipment to work for you with real cash flow advantages and without major capital investment. Virtually any type of equipment, including software and installation can be leased.

Low monthly payments

The monthly lease payment will usually be lower than the payment required by other methods of financing.

No need to tie up capital

Keep your business’ cash for future needs, unexpected expenses or working capital when revenues are low.

You can always lease equipment - you can’t lease money!

Most types of financing require down payments of up to 25%, whereas leasing covers 100% of the cost of the equipment. Most leases require only one or two payments in advance. Get immediate use of the equipment with minimal up-front cost.

Preserve existing lines of credit

Leasing has no impact on your bank credit lines. Protect your borrowing power for other business needs or opportunities.

Eliminate obsolescence

Technology is changing at a rapid fire pace. What meets your business’ needs today may be obsolete three years from now. Leasing allows you the flexibility to maintain a competitive edge by giving you today’s best technology then allowing you to upgrade when the equipment has outlived its advantage.

Fixed payments through the term of the lease

Unlike bank lines of credit that usually have variable rates, lease payments are fixed no matter what happens in the market. By choosing to lease you won’t be a victim of skyrocketing interest rates. Remember the 80’s when rates rose from 9% to over 20% in one year? That can’t happen with leasing.

Significant tax and accounting advantages

Leasing eliminates the need for complicated depreciation schedules since lease payments are generally line item expenses on your P&L statement. And since lease payments can usually be treated as a pre-tax business expense you may even reduce your taxes. Paying cash for equipment automatically adds 30-40% to the cost when you realize that cash = profits and taxes are paid on profits. Leasing is the right choice! It minimizes demands on cash flow, eliminates obsolescence, keeps your bank lines open, saves on taxes and shelters you from the market. Please do not this as tax advice. Always consult your accountant or financial advisor for the best benefits for your company.