Leasing and financing offers many advantages over other types of payments, including saving cash as well as having 100% financing unlike a bank loan that will usually require a 20%+ down payment. There may also be tax benefits that will save you money. Leasing and financing allows most businesses the opportunity to acquire revenue generating equipment and match its cash inflows and outflows, essentially letting the equipment pay for itself while still generating a positive cash flow for the business.

For transactions up to $250,000, only a one page application is required.  For transactions over $250,000, two-years of company financials and current interims often satisfy our credit review.

For most transactions up to $250,000, you will receive a credit decision within one business hour, dependent upon the accuracy of the information provided.

Typically, the first & last month’s payments and a minimal processing fee are sufficient to start a lease or financing option.

All new and pre-owned equipment, software, installation charges, delivery charges, tooling and training can be included in your lease or financing.  Peripheral equipment can also be included (i.e. dust collection systems).

Leasing or financing can provide a more rapid write-off because the lease term is often shorter than the depreciable life of the equipment, and the monthly payments are often 100% tax deductible as a pre-tax business expense. Consult your tax advisor for specific information. For the most up-to-date information, go to www.irs.gov.

Section 179 of the IRS tax code currently allows businesses to deduct the full purchase price of qualifying equipment and/or software purchased or financed during the tax year. It’s an incentive created by the U.S. government to encourage businesses to buy equipment and invest in themselves.