“Audio Equipment Leasing And Video Equipment Leasing Options

Audio and video equipment lease financing can be arranged through a number of different leasing companies in Canada and the U.S.

For leasing amounts between $2,000 and $50,000, financing can typically be arranged in 24 hours or less once an equipment leasing application has been submitted to the appropriate leasing sources.

Larger requested amounts may take a day or so longer to get approved due to fact that leasing companies may want to see more financial information to support the deal and also may require more than one level of credit review internally.

But for smaller amounts, the financing process is primarily based on strength of credit, so if the company and/or guarantors have solid credit in place, amounts under $50,000 can be approved without much additional information.

Audio and video equipment would primarily fall into computer hardware and software leasing or a related category in terms of the leasing company’s interest in the financing scenario and the manner in which they assess their credit risk.

Similar to other forms of hardware and software based products, there is not a whole lot of security value in the assets to the lender or leasing company, so the strength of any financing approval is going to be from the financial and credit profile of the borrower or lessee.

That being said, technology related assets are a growing financing area due to the fact that technology is always changing which means that whatever you purchase or finance today will need to likely be replaced in the near future, providing a further financing opportunity to the leasing company.

And from a borrower’s point of view, getting lease financing approved for audio and/or video equipment will also build your credit acquiring capacity with leasing companies, providing you with easier access to capital in the future, at potentially better rates and terms.

Audio And Video Equipment Leasing Options

From a lease financing point of view, you can get an operating or capital lease into place for your capital requirements.

Operating leases allow you to give back the assets at the end of the lease term to the lessor without having to pay anything further.

This typically also provides for a lease term of no more than three years to cover off the lender’s resale risk of used assets in the future.

For longer equipment leasing terms, you would have to acquire a capital lease where ownership of the audio and/or video equipment would be transferred over to you at the end of the lease term of a nominal fee.

With a capital lease, the term of financing could potentially fall in the 48 to 66 month range.

If you are in need of audio visual commercial financing and want to better understand you equipment leasing options, I suggest that you give us a call so we can quickly assess your requirements and provide a run down of the different financing solutions that are available to you in the market place.

“Computer Server Lease Financing For Hardware, Software, And
Installation Costs”

Computer server leasing or lease financing can be arranged for different types of computer server set ups, provided that the equipment is being provided by a reputable vendor.

The vendor is important in that the equipment leasing company will be the owner of the asset during the term of the lease and will want to know that the vendor not only provides a good product, but will stand behind it and provide post sale service if required.

The financing company will want to know what the break down in the acquisition cost is among hardware, software, and installation as some lenders or leasing companies will have limits to the amount of non hardware that can be included in the financing amount.

Typically this will not be a problem and all costs will likely be eligible to be considered for computer equipment leasing.

For a capital lease, the available financing period will run between three and five years.

If you want to secure an operating lease for budgetary, accounting, cash flow, and/or taxation reasons, then the maximum leasing term is likely only going to be three years due to the risk to the lender of having to take back computer equipment at the end of the lease term.

Computer Server Leasing Can Be
Arranged Quickly

In many cases, it takes longer for the customer and vendor to agree and finalize the scope and pricing than it takes to get financing approved and in place.

If you are looking to secure server financing under $100,000, the deal can potentially be approved and funded in a couple of days,

For larger deals, the time lines are going to vary from five to ten days depending on the size of the deal and the amount of financial and credit review that will be required by the leasing company.

That being said, any business financing process that can be completed in 10 business days from time of application to funding would be considered fast.

Even though the actual computer server serves as a form of security to the leasing company, this type of financing is primarily made on the strength of the company time in business, cash flow, credit, and the covenants provided by the business and its primary owners if required.

Computer Lease Financing Becoming More Common Place

It wasn’t all that long ago that computer lease financing was not widely available to most small and medium sized businesses and if it was, the down payment required would be significant, rates higher than average, and lease terms short.

That’s changed in recent years, especially in the small ticket leasing world for financing requests under $100,000.

A computer hardware and software leasing request for hardware and/or software can now receive lease financing up to 100% of the purchase price of the assets with longer lease terms and better rates available.

Even used computer equipment can be leased in some situations, although the leasing term is going to be shorter to reflect the remaining useful life of the asset.

As a cash flow management tool, computer lease financing is definitely an option to be considered when acquiring any computer related assets over $1,500.

Why Has Computer Lease Financing Become More Popular Among Leasing Companies?

Leasing companies have grown to realize that computer hardware, software, telephone systems, etc., are essential equipment that must be retained at all costs for the business to function.

Therefore the risk of default is rather low which makes for a good lending or leasing risk despite the fact that the assets themselves do not add much security value to the leasing company.

The other key motivator for leasing companies is the simple fact that all companies required computers and all companies will need to upgrade their computer related assets over time.

So this is a way to attract long term customers that are going to potentially require financing over and over again and may also have other equipment leasing needs that can be met by a leasing company.

Because of the low potential resale value of computer assets, the credit decision for lease financing is primarily based on business  and personal credit ratings as well as established business cash flow.

For instance, it will be much easier for company that’s been in business for at least two years to get computer lease financing than a company that is just starting up.

If you are in the need for additional computer equipment and want to explore your computer lease financing options, we suggest that you give us a call so we can quickly go over your requirements and provide computer lease financing options that will meet your needs.

Does Your Business Need to Lease Computer Hardware?

Computer hardware leasing is being provided by more and more leasing companies seeking to further diversify their portfolios as well as take advantage of the significant repeat business that can more from computer hardware purchases over time.

Computer hardware is a steadily growing segment of the equipment leasing market as more and more businesses become more and more dependent on computer related technology.

While more and more of the smaller leasing companies will entertain computer hardware financing requests in the small ticket range of under $50,000, the larger purchases are more limited to the leasing companies that have a significant focus in financing computer hardware and software requirements.

For the larger deals that can range from hundreds of thousands of dollars to well into the millions, the strength of the financing is based on the established cash flow of the company and the ability of the leasing company or group to be able to resell different types of systems into the open market.

The more customized the computer hardware requirements, the more the financing will be dependent on a good balance sheet of a well established company supported by strong business credit and accumulated retained earnings.

Each computer hardware leasing program will also different options for repayment plans ranging from a capital lease which acts similar to an equipment loan to an operating lease which can have a number of different repayment and end of lease buy out options.

Get Computer Hardware  Leasing That Meets Your Business Needs

For smaller businesses that may require more than the $25,000 to $50,000 amounts many of the leasing companies will be prepared to consider, another option to financing is to spread the financing request over a number of leasing companies to collectively fall within the allowable limits.

As long as the company is strong enough to support the overall level of debt, this can be an excellent way for the leasing companies to reduce risk and for the business owner to access the capital they require.

Regardless of your computer hardware financing requirements, we suggest that you give us a call so we can quickly assess your situation and provide relevant equipment leasing options for your immediate consideration

Call 289 816 0075 and Speak Directly To An Equipment Leasing Specialist

Or Click Here To Send Us An Email

Does Your Business Need to Lease Software?

Software Leasing is available from a number of our equipment leasing partners.

This is a steadily growing segment of the equipment leasing market place as software tends to be a lower ticket item with lots of potential for repeat business.

As a result, there are a number of leasing companies that have done more than stuck their toe in the water and are putting out a significant portion of their available funds into software.

Like most types of computer software Leasing, there are different lender categories for software financing as well.  For instance, the smaller ticket amounts will have a high end value of $100,000 with many equipment leasing companies capping their exposure on deals under $50,000.

The for larger software requests in the hundreds of thousands of dollars, there are a select group of companies that focus on this segment of the market as well.

Get Software Leasing That Meets Your Business Needs

To quickly zero in on the best software leasing options available to your and your business, the best approach would be to work with an equipment leasing specialist that places this type of financing on a regular basis.

Not only will you be working with relevant sources of lease financing sooner than later, but you’re also going to increase your chances of securing better rates and terms in the process.

If you’re just starting the process of acquiring software that you know will need to be financed, I suggest that you give us a call so we can get your application in for a pre-approval.  That way you’ll know exactly what you have to work with and the related repayment terms that go with the software lease so you can customize your purchasing process accordingly.

If you’ve got a deal lined up an need software leasing right away, we can help you get a financing application together in a matter of hours and have an approval in as little as a days time, depending on the size and complexity of the deal.

We also encourage you to give us a call if you have any questions about equipment leasing and we’ll do our best to make sure you get the information you’re looking for.

Call 289 816 0075 and Speak Directly To An Equipment Leasing Specialist

Or Click Here To Send Us An Email