“Car Lift Leasing For New And Used Lifts And Hoists”

Car lift leasing is available on a wide variety and styles of lifts and hoists, both new and used.

For equipment leasing requests under $50,000, the application process typically requires an application form, vendor invoice that outlines the assets to be acquired and the terms of sale, and proof of business registration.

The approval process for smaller requests is typically completed in 24 to 48 hours with funding to follow immediately after.

For larger commercial equipment leasing requests, the leasing company will also require the last completed annual financial statements for the business and an interim financial statement for the current year.

If the business is a start up, then there will have to be a strong guarantor provided who must possess good credit, strong net worth, and an annual cash flow to service debt in the event of lease default.

Companies that are three or more years in business and have good cash flow from operations will be able to secure optimal rates and terms for leasing companies that finance car lifts and hoists.

In terms of credit score, “A” credit will typically require the applicant(s) to have credit scores of 650 or higher.

Lower credit scores can push the deal down into “B” and “C” lending categories.

Car Lift Leasing Facilities Can Include
Multiple Assets

If you are looking at acquiring several car lifts for your business, it is certainly possible to have multiple assets financed through the same leasing agreement.

That being said, it is also possible to have individual assets set up on their own individual lease as well.

For instance, in cases where there are multiple locations, it may be preferred that each location maintain their own balance sheet and operating account, so having equipment leases for location specific equipment is certainly something that can be arranged.

Multiple leases can be also be useful to get the amount of financing that you require.

Leasing companies at times will cap the amount of funding they want to provide a business, but they are not apposed to the business having more total funding than what they are prepared to provide, so it can make sense to split up your car lift leasing requirements among more than one leasing company to maximize the amount of financing and save on cash.

To determine what the best approach is for car lift or car hoist leasing for your business, please give us a call and speak to one of our equipment leasing specialist.

Call 1 800 559 8845 and Speak Directly To An Equipment Leasing Specialist

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“Compaction Equipment Leasing For New And Used Assets”

Compaction equipment leasing is a form of financing where the asset is acquired by the leasing company and then provided to the borrower or lessee for use during the term of the lease.

The lease can be in the form of an operating lease or a capital lease.

An operating lease has at least 10% of the acquisition cost outstanding at the end of the lease term with the lessee having no more than an option to purchase.  A true operating lease is also an operating expense to the business and not always recorded on the balance sheet other than a foot note.

A capital lease is similar to a loan from accounting and taxation purposes in that you can expense the interest paid and deprecate the asset similar to if you owned it.

At the end of a capital lease, the lessee or borrower must purchase the asset for a nominal amount, usually less than $20, to transfer ownership from the leasing company to the business.

We can arrange both operating and capital leases for new and used compaction equipment.

The financing is provided by leasing companies in our network that have a focus on construction equipment leasing.

A Compaction equipment lease can be arranged in as little as one day for financing amounts under $100,000 and up to 5 business days for larger amounts.

Compaction Equipment Leasing Rates And Terms Will Depend On Financial And Credit Profile.

For most “A” and “B” credit applications for compaction equipment, the borrower or lessee will need to be in business for three or more years.

Most small business leases require a guarantor and for better rates and terms, the guarantor’s personal credit will need to be 650 or greater.

Depending on the size of the equipment lease financing request, the business may need to provide accountant prepared financial statements and potentially tax returns to support historical cash flow and future debt service capabilities.

Regardless of financial and credit profile, we have “A”, “B”, and “C” credit options that can be considered in most cases.

Our goal is to get you working with the most relevant leasing companies as quickly as possible so you can get the capital in place that is required to meet your business needs.

Call 1 800 559 8845 and Speak Directly To An Equipment Leasing Specialist

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“Boring Mill Leasing For New And Used Equipment”

Boring mill leasing is available through several of our equipment leasing sources.

The process for securing manufacturing equipment leasing for this type of asset starts with an initial assessment of your financing requirements.

This is typically done over the phone and does not require a credit check or for you to provide any documentation.

Based on the information you provide and the requirements you outline to us, we will provide an initial estimate or quote for boring mill lease financing rates and terms.

If you want to proceed with any options we have outlined, the next step would be to complete a formal application which will include the completion of a two page application form, a copy of the vendor’s invoice/estimate/quote describing exactly what you want to acquire and the terms of sale, a copy of the front page of your articles of incorporation or business registration to show that you have an established business, and other supporting information that may be required depending on the specific financing request.

Once we complete an application package, it typically takes 24 to 48 hours to get an approval back from most lenders.  For larger deals, the process can take few additional days if more than one level of lender or leasing company review is required.

Once approved, the deal can typically be funded within 48 hours, provided all documentation is in order.

Boring Mill Leasing Approvals Will Depend On A Number Of Factors

One of the main leasing criteria is going to be the credit rating of the business and the lease guarantors.

We have the ability to place A, B, C credit scenarios with our lending sources.

While not a hard rule, most A & B credit lenders will require a credit score of at least 650.

The longer your company has been in business, the stronger your boring mill lease financing options will be.

As mentioned earlier, financing options are available on both new and used boring mills.

The key to financing used equipment is the actual age of the asset and the estimated remaining useful life.  Because boring mills typically have a long operating life span, it may be possible to finance mills that are 10 years old or older, depending on their condition and remaining useful life.

If you require boring mill leasing for either a new or used unit, I suggest that you give a call so we can quickly conduct our free initial assessment and provide you with relevant lease financing options for your consideration.

Call 1 800 559 8845 and Speak Directly To An Equipment Leasing Specialist

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“Bulldozer Leasing Available On Both New And Used Units”

One of the great things about bulldozer lease financing options is that there can be a lot of them available to you.

This is largely due to the long useful life associated with this type of asset.

Equipment leasing companies for the most part are very comfortable with the security value provided by bulldozer and the supply of financing available at any one time is going to be directly proportional to the strength of the resale market.

Put another way, when the economy is going well, most heavy equipment will be at work and there will likely be more demand than supply for used assets.

Conversely when the economy goes through a down swing, there tends to be more heavy equipment assets up for sale which pushes down the price and in turn offers a lower level of security to a leasing company that may have to resell the asset.

But when the resale market is solid, this drives the sale of both new and used equipment and provides a solid exit strategy for an equipment leasing company, creating more financing interest in bulldozers and related equipment.

Because the construction industry can be very capital intensive, its important to get as much leverage as possible from the construction equipment financing market to conserve your cash for operations.

This is why bulldozer lease financing can be so valuable as in many cases the financing being arranged is at or near 100% of the acquisition cost of the asset.

Bulldozer Leasing Can Be Arranged For Small And Large Amounts

And there is no real minimum or maximum amount that can be financed as well with some transactions being under $50,000 and others well over $100,000.

The key to maximum leverage is the strength of the company’s credit profile and cash flow.

When credit and cash flow are strong, lease financing companies are less concerned about debt to equity ratios on the balance sheet and focus in on the quality of the asset being taken as security.

The leverage on used assets will not typically be as high as they are for new, but in many cases leverage in the 80% to 90% range in possible.  And equipment age in some cases can exceed 10 years allowing for assets to also be refinanced at times.

Regardless of your bulldozer equipment leasing need, I suggest that you give us a call so we can complete an assessment of your requirements and review different equipment leasing options with you.

Call 1 800 559 8845 and Speak Directly To An Equipment Leasing Specialist

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“Municipal Equipment Leasing Options For All Asset Types”

Municipal equipment leasing is available for all operating divisions of municipal government including but not limited to hospital, fire and rescue, schools, public works, public health and safety, waste management, and public administration.

As a municipal customer, you can be afforded some of the best equipment leasing rates out on the market today.

Most leasing companies consider municipalities as preferred borrowers or lessees and as a result provide excellent rates and terms for your financing requirement.

Leasing terms offered for municipal equipment leasing are some of the longest anywhere on the market and the payment options can be structured to meet just about any cash flow requirement you may have.

For small one off acquisitions under $75,000, the approval process can be accomplished in less than one day at times with funding to follow soon after.

Larger requests will take a bit longer as there will be more information required in the application package and the leasing company may have multiple levels of review depending on the amount requested.

Municipal lease financing requirements can also be accommodated in amounts under $100,000 and amounts far in excess of several million dollars as well.

Municipal Equipment Leasing Can Attract Very Competitive Financing Options.

Because we work with a large number of equipment financing and leasing companies, we have the ability to get your financing requirements in front of the right people and push towards getting you the best rates and terms in the market place.

The key to getting the best deal is providing us with some lead time to put together an effective application package and then to send it out to targeted lenders.

The more time a competitive offering has to work with, the more likely we will be able to arrange deeper lender or leasing company discounts in order to win the business.

Regardless of your municipal equipment leasing requirement, I suggest that you give us a call so we can complete an assessment of your needs and review different equipment leasing options with you and your team.

Call 1 800 559 8845 and Speak Directly To An Equipment Leasing Specialist

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“Round Baler Leasing For New And Used Models”

Round baler leasing options are available through a number of our equipment leasing sources.

Equipment leasing can be a preferred for of farm equipment financing due to the potential high level of leverage that can be secured, lease structure flexibility, and payment flexibility.

With respect to leverage, round baler leasing from an agricultural equipment leasing source can be at or near 100% of the asset cost with only first and last payments required for strong credit applications.

Compared to bank equipment loan options which are more in the range of 75% financing of the asset amount, equipment leasing can provide considerably more leverage which helps you avoid draining your available cash reserves.

Lease structure is also an important consideration as a lease can be set up as either an operating or capital lease.

A capital lease functions very much like a loan in terms of payments and tax destructibility with a nominal purchase price at the end of the lease term.

With an operating lease, the asset does not have to be acquired at the end of the lease term while there can still be options in place for a purchase.

Operating leases are also considered operating costs.  So if you have a short lease term, you can effectively right off the asset faster for accounting and tax purposes than you could if you were purchasing the asset with a loan or capital lease.

From a payment point of view, agricultural businesses that require round baler lease financing may require seasonal payments to match up with their cash flow cycle.  This can also be accomplished with an equipment leasing facility.

Round Baler Lease Financing For Both New And Used Models

Round Baler financing can be arranged on both new and used balers.

The key with used balers is the condition of the unit and estimated remaining useful life.  Typically the asset needs to have considerable remaining useful life above and beyond the projected lease term.

Used equipment can require larger down payments than new, but for assets in good condition that are less than 5 years old, the leverage that can be secured can still be as high as 90% of the asset purchase price.

There can be several round baler lease financing options available for either new or used units.  To find out which ones are the best fit for your requirements, I suggest that you give us a call so we can go through your situation with you and review different financing scenarios.

Call 1 800 559 8845 and Speak Directly To An Equipment Leasing Specialist

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“Asphalt Equipment Leasing For New And Used Equipment”

Asphalt equipment leasing is available for both new and used asphalt equipment.

There are many benefits to using construction equipment leasing programs for this type of asset including seasonal payment plans.

In most parts of the country, asphalt work is seasonal and so is the cash flow from the work performed.

With an equipment leasing option, we can work to get your payments structured to meet your cash flow whether that be monthly, quarterly, or semi annual payments, or a payment schedule that is further customized to fit your cash flow.

New asphalt equipment can be acquired for little to no money down and used equipment, while typically requiring more of a down payment, can still be arranged for up to 90% of the acquisition cost.

The key to used asphalt equipment financing is the condition of the asset and the remaining useful life.  Because most of this equipment is manufactured for a long use period, its also possible to finance assets that are more than 10 years old, provided they are in good enough condition.

For most applications under $100,000, a financing approval can be secured within 24 to 48 hours once a fully completed application is submitted.

For larger purchase amounts, the process can take a few days longer as more financial information may be required for review.

Asphalt Equipment Lease Financing  Provides Great Leverage For Construction Companies

Because road construction can be a very asset intensive type of service, its important to have proper financing in place to make your equity go the furthest.

This is where equipment leasing can play a major role in not only helping you acquire the assets you need today, but also to allow for you to plan out a realistic asset replacement schedule over time.

And the stronger the business’s cash flow and credit, the more leverage that can be provided through asphalt equipment leasing programs.

For most new equipment, a strong financial profile can secure at or near 100% financing, and in cases where there is a substantial delivery and/or set up cost for the asset after acquisition, these costs can also potentially be added into a lease, providing more than 100% of the asset cost in the form of financing.

Turnaround time on requests are very fast and if there are any issues that come up during the application, delivery, or post funding process, we are always ready to provide assistance.

Call 1 800 559 8845 and Speak Directly To An Equipment Leasing Specialist

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“Ironworker Equipment Leasing Available For Both
New And Used Units”

Ironworker equipment leasing can be obtained from a number of our manufacturing equipment leasing and metal fabrication lease financing sources.

Because of the considerable amount of useful life that can be attributed to an Ironworker, its not only possible to lease finance the purchase of a new or used asset, but its also possible to refinance this type of equipment, even more than once.

This is due to both the strength of the resale market for Ironworkers as well as the amount of time over which they can hold their value.

While most assets over 10 years old can be difficult to lease finance through an equipment leasing company, metal fabrication and manufacturing assets like an Ironworker can be financed at 20 years of age and older.

For new equipment, the process for financing can be very quick, especially if the financing amount is under $20,000.  Larger units with higher purchase prices can also have financing arranged in a day or so, but may require slightly more documentation to support the application.

In most cases when an established business of more than two years applies for Ironworker financing on a new unit, the leasing company providing financing will be financing at or near 100% of the purchase price, and if there are delivery and installation costs that need to be added to the lease, the financing amount can actually exceed 100% of the acquisition cost.

Ironworker Lease Financing Can Be Structured For Cash Flow And Tax Purposes.

When considering lease financing for an Ironworker acquisition, the leasing company may provide you with a choice between an operating lease structure and a capital lease.

The capital lease is very similar to an equipment loan in terms of payment structure and accounting.

With an operating lease, you can potentially increase the balloon payment at the end of the lease term in order to reduce cash flow payments during the lease.

Or, if you have the cash flow to pay back the lease faster, you can set up a shorter lease term which will allow you to expense the payments as an operating cost, allowing you to write off the asset faster for tax purposes.

Operating leases also provide you with the option of purchasing or not purchasing the asset at the end of the lease term

If you require Ironworker equipment financing, I suggest that you give us a call so we can go over your requirements with you and discuss the different options available to you in the market.

Call 1 800 559 8845 and Speak Directly To An Equipment Leasing Specialist

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“Salon Equipment Leasing Is Available On A Wide Range Of Salon Assets”

Regardless of the type of health and beauty salon you own or operate, there are likely going to be sale equipment leasing solutions available to you.

Our network of equipment leasing companies cover a wide range of salon assets and financial and credit profiles, potentially providing a number of different options for any given scenario.

And with some salon equipment carrying high price tags, equipment leasing is an excellent way to reduce the amount of cash outlay you require to get a certain piece of equipment, or lot of equipment, into your salon and generating money.

For salons that are less than two years in business, there is going to be a greater reliance on the business owner’s personal net worth and credit due to the fact that these aspects in the business will still be immature and hard to make financing decisions on.

For beauty and health salons that are over two years in business with established cash flow that can be verified through accounting statements, there can be considerable borrowing power available for both new and used salon equipment.

Commercial equipment leasing options are going to be focused in on the market value of the asset and its marketability, as well as the business owners credit and cash flow.

Even with marginal cash flow, financing can still be available at good rates and terms if the assets to be acquired are known to hold their value and have a strong resale market.

Salon Equipment Leasing Can Be Structured To Reduce The Impact On Business Cash Flow.

With salon equipment leasing, you can potentially secure close to 100% financing and in some cases in excess of 100% of the asset acquisition cost when costs like delivery, installation and training are added into the lease financing facility.

This has the direct impact of reducing the drain on your cash flow by only requiring you to put down one or two payments in advance.

Used equipment can require larger down payments, but the amount of leverage that can still be secured is considerable, allowing salons to get profit producing assets in their shops and generating a positive return.

On a monthly debt serving basis, you could look to enter into an operating lease where an end of term balloon payment of 10% or greater could be arranged to further reduce the amount of capital outlay each and every month.

On the other hand, if there is considerable cash on hand, a lease can also be structured to accelerate the write down of an asset, providing potential tax advantages as well.  We would ask you to check with your accountant to assure any potential tax saving strategies via equipment leasing make sense for your business.

For more information on salon equipment leasing options, give us a call and we’ll make sure you get all your questions answered right away.
 

Call 1 800 559 8845 and Speak Directly To An Equipment Leasing Specialist

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“Snow Moving Equipment Leasing Can Be Made Available Quickly “

Snow moving equipment leasing requests tend to come most frequently around the time of the first snow fall when all of a sudden there is a need to either upgrade existing equipment that will not make it through another year, or expand the business into snow removal either for internal purposes or for customers.

When the request for snow moving equipment leasing is coming from an existing business of three or more years in operation and the amount of lease financing is under $75,000, an approval for financing can be obtained in as little as 24 hours providing the credit rating and financial supporting information are sufficient to support the commercial equipment leasing decision.

For existing businesses and even start ups, when the financing amount is no greater than $25,000, a lease financing approval can be secured in an even faster time frame with funding to follow shortly after.

The key to getting snow moving equipment leasing in place quickly is going to start with lining up the equipment through a licensed dealer and getting an equipment quote, estimate, or invoice from them outlining exactly what you want to acquire and terms and conditions of sale.

With a dealer invoice, quote, or estimate and a signed application, an equipment leasing company can make a quick assessment of 1) the equipment you want to acquire, 2) the dealer you want to work with, and 3) you credit rating and financial profile.

New or used equipment can both be financed via an equipment lease.

But deal speed will be the fastest if you are working through a licensed dealer.

A private sale can also be financed, but the leasing process will take longer as the equipment will have to be researched to make sure there are no outstanding liens registered against it and that a clean title can be provided to the leasing company that will be purchasing the asset on your behalf.

Snow Moving Equipment Leasing Can Be Obtained At Very High Leverage.

For businesses with solid credit and financial profiles, snow moving equipment leasing can be obtained for one or two scheduled lease payments in advance allowing you to obtain near 100% financing for the assets you are trying to secure.

With used equipment, there can be more of a down payment required, but in many cases, you can still get 85% of the acquisition cost financed or better.

And because you are not the one purchasing the asset, the equipment leasing company is responsible for the sales tax at the time of purchase, providing an additional short term cash saving to you.

If you are planning ahead, or need snow moving equipment leasing right now, I suggest that you give us a call so we can quickly assess your situation and provide equipment leasing options and quotations for your immediate consideration.

Call 1 800 559 8845 and Speak Directly To An Equipment Leasing Specialist

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