Does Your Business Need To lease Finance New or Used Church Equipment?

Church equipment leasing is a viable source of equipment financing for all different types of religious groups and non profit organizations in this user category.

Both new and used church equipment can be financed via leasing and loan facilities for a wide variety of different asset types.

While not all leasing companies will be able to provide commercial equipment leasing offers to non profit organizations, there are a number of funding sources that have a focus on these types of assets.

With used church equipment, the financing options can also be strong as the nature of use tends to have the assets kept in very good condition with the various asset types designed for a long useful life.  And because church failures are rare, there tends to be a strong resale market for these types of assets, securing the value as security.

The equipment leasing option is also a good way for a church organization to conserve on its capital to better manage cash flow through the year with lease financing programs on new equipment at or near 100% financing of the acquisition cost.

Get Church Equipment Leasing That Meets Your Business Needs

Multiple items can also be financed through a single lease or multiple leases depending on the bookkeeping and reporting requirements of the lessee organization.  For larger financing requirements, the funding may have to be split among leasing companies depending on the financial strength of the borrowing or leasing organization.

If you’re just starting the acquisition process you may want to consider applying for financing first to get a pre approval in place so you can continue on with the buying process knowing exactly what you have been approved for and the repayment terms.

Even if you’ve already purchased church equipment for cash, we can still try to finance the assets through a sale and lease back process to try and return most of the funds paid to the organization’s cash flow.

Regardless of where you are in the buying or financing process, I suggest that you give us a call so we can quickly assess your requirements, get all your questions answered as fast as possible, and provide you with relevant equipment leasing options for your consideration.

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

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Does Your Business Need to Lease New Or Used Laser Hair Removal Equipment?

Laser hair removal machine leasing is becoming more readily available through our leasing partners here in Canada and the U.S.

It wasn’t all that long ago that laser hair removal machines were a pretty tough sell with commercial equipment lease financing companies due to the relatively short time on the market and the lack of a well developed and predictable resale market.

But as the demand for this type of service has grown, so has the need for supplying these types of machines.  And when you’re focused on acquiring well known brand names and brand models, there is also a good chance of getting used laser hair removal equipment financed as well.

Lease financing is going to be somewhat cheaper for new equipment compared to used in most cases with longer repayment periods provided for new equipment as well.  That being said, if you can get a good price on a used piece of laser hair removal equipment, a small additional financing cost can be offset by a great purchase price.

Get Laser Hair Removal Equipment Leasing That Meets Your Business Needs

Because many of the applicants for these types of assets are small shop owners, some that are either starting a business based on this service, or are relatively new in business, its important to make sure that you provide a good solid cash flow projection of your operating costs and projected revenues when applying for lease financing, especially if the laser hair removal unit is going to cost more than $50,000.

For amounts under $50,000, you may be able to rely more heavily on just your personal credit and guarantee to get the deal done, but the more information you can provide to show the strength of your ability to repay the equipment leasing facility the better.

Lease financing is also possible for assets acquired through a private sale either before the initial purchase is completed or after the fact.  The key with buying from a private vendor is to make sure the asset is in good working order and that the leasing company will get a clean title to work with where all past financing registrations are removed.

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

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Does Your Business Need to Lease New Or Drilling Rig Equipment?

Drilling Rig Equipment Leasing for new and used Drilling Rig setups can be financed through our strategic leasing sources both in Canada and the U.S.

There are many different types of drilling rigs on the market that can be leased. Larger rigging equipment will see the lending group significantly reduced because of the capital required.

Business leasing programs for used drilling rig equipment will depend on the condition of the asset, the estimated remaining useful life, and the strength of the resale market.

Drilling equipment that is owned outright can also be refinanced through a sale and lease back transaction whereby the leasing company purchases the equipment from you and provides a lease back in return.

Typically, the lease amount is capped at 50% to 60% of the forced liquidation value.  Many of the companies that provide this type of working capital financing will need solid proof that the company is in a strong position to repay the equipment lease financing according to the outlined repayment terms of an approved lease.

Get New or Used Drilling Rig Equipment Leasing That Meets Your Business Needs

For new or used drilling equipment acquisitions, one of the first steps to take is to apply for an equipment leasing pre-approval so that you can get the financing process sorted out prior to starting to shop for equipment or starting to place bids or offers.

If you have some equipment lined up and need to get equipment financing put into place quickly, give us a call and we’ll help you get a solid application together and get it in front of relevant lenders so that you’ve got some solid equipment leasing options to consider

Even if you’re recently purchases drilling equipment for cash, we can still help you get the assets financed after the fact as long as the process takes place within 6 months of the original transaction.  Once completed, you can return the cash tied up back into your cash flow for future business applications.

Regardless of the stage your at in the equipment purchasing or financing process, give us a call so we can quickly assess your requirements and provide you with equipment financing options for your consideration.

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

Or Click Here To Send Us An Email

Does Your Business Need to Lease New Or Used Photography Equipment?

Photography Equipment leasing for cameras, lighting equipment, photo processing equipment, and so on is available through our lease partners.

Here are a few things to keep in mind for this type of asset.

First, the individual item or items should have a minimum value of $1,500 per item to be considered by a commercial equipment lease financing program.  Amounts smaller than this will not likely quality as they  don’t provide much security value to the leasing company.

Second, for start up businesses, as long as the requested amount is under $25,000, the applicant has good credit, a business plan showing how the lease will be repaid, a registered business name, and up to 30% available as a down payment, there is a good chance that lease financing can be arranged.

Third, the equipment should be purchased from a licensed vendor, in the country in which your business is located.  Unless the purchase is for an amount over $50,000, its unlikely a leasing company will want to go through the administration process required for a cross border transaction on a small amount of equipment financing.

Fourth, used photography equipment can be lease financed, but this will likely only work for higher value pieces of equipment with strong manufacturing brands that have a significant remaining useful life.  Refurbished equipment can also be considered for financing provided once again that the brand and remaining useful life is strong.

Get Photography Equipment Leasing That Meets Your Business Needs

If you have a photography equipment leasing need, we suggest that you give us a call so we can go through your requirements with you.  If it looks like you could qualify for financing, based on your financing profile and the asset or assets you want to acquire, we will send you an application form with a list of supporting documentation that would be required for review by one of our leasing partners.

For amounts under $25,000, some lease approvals can be obtained in less than one day from the time the application is submitted.  For more involved requests, the process can take 2 to 5 business days.

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

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Does Your Business Need to Lease New Or Used Spin Bikes?

Spin bike leasing for stationary fitness bikes such as spin bikes, upright exercise bikes, and recumbent bikes is available from a number of our equipment leasing partners in both Canada and the U.S.

Whether your business needs to lease finance one spin bike or several, equipment lease financing can be arranged on both new and used assets.

If you’re also looking to acquire other types of exercise bikes or other forms of exercise equipment, equipment leasing can also be arranged where the different types of equipment are all in one lease or separate leases.

One advantage of this type of asset is that the capital requirement can be broken down into a number of different leases to allow for maximum borrowing or leasing power.  While many leasing company will provide commercial equip. leasing for this type of asset, they will also have limits to the amount of funding they can provide to any one company.  So if the capital requirement is over $25,000 as an example, it may make more sense to get partial approvals at multiple leasing companies versus trying to get all the lease financing in one place.

Lease financing works very similar to getting a regular loan.  For an equipment lease, the only real difference in the process is that once you have picked out the assets you want and negotiated a purchase price and purchase terms, the lease company will buy the assets directly from the vendor and provide a lease back to you for their use.  At the end of the lease term, you can have the ability if you choose to purchase the assets outright from the leasing company for a defined cash amount.

Get Spin Bike Leasing That Meets Your Business Needs

If you’ve got some spin bikes lined up and now need to capital to complete the purchase, give us a call so we can quickly process your lease financing application and get a lease approval in place as fast as possible.

As we mentioned earlier, used equipment can also be financed through a lease.  Just remember that used assets will typically require a larger down payment, come with similar to slightly higher rates, and potentially shorter repayment terms depending on the age, condition, and expected remaining useful life of the asset.

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

Or Click Here To Send Us An Email