Does Your Business Need To lease Finance New or Used Dry Cleaning Equipment?
Dry Cleaning equipment leasing can be arranged for such dry cleaning assets as steamers, spotting board, ironing equipment, dry cleaning machine, vacuum unit, pressing machine, and tension pressing equipment.
If you’re trying to lease finance an asset that is not listed above, please give us a call and we’ll find out right away if what you’re looking for will quality for leasing through our leasing network.
Dry cleaning leasing for new equipment can be arranged at or near 100% of the cost of acquisition of the asset and when delivery and installation are also part of the purchase price, these costs may also be included in a lease financing arrangement.
For used dry cleaning equipment, the leasing options are likely going to include more money down at time of purchase, potentially higher implicit interest rates, and shorter repayment periods.
Depending on the age and condition of the used dry cleaning equipment, the repayment term can vary from 24 months to 60 months.
Get Dry Cleaning Equipment Leasing That Meets Your Business Needs
The best leasing deals will always be available to established companies with well established and predictable cash flow. Newer businesses will require considerable cash investments in the assets being leased in order to get financing in place.
Depending on the specific dry cleaning assets being leased, there can be a number of end of term payment options to choose from that can be tailored to your cash flow and taxation requirements.
A capital lease will provide a nominal buyout fee at the end of equipment leasing term where the amount will be predetermined at the start of the lease.
With an operating lease structure, there will be an optional buyout amount that can vary considerably in size, depending on how much of the initial cost of the asset was deferred until after the lease term.
Regardless of your situation or requirements, your best first step is to give us a call so we can quickly go over your situation and provide relevant equipment leasing options for your immediate consideration.
We’ll make sure you get all your questions answered as soon as possible and provide leasing quotes as required.