Equipment Leasing
Leasing offers many businesses a cost-effective way to expand quickly or to fulfill relatively short-term contracts without the necessity of a hard credit pull. Leasing is not just for high-tech industries that need only part of a large server farm. Construction contractors, long-haul trucking operators and last mile logistics firms each can benefit from equipment leasing.
Land Moving Equipment
Backhoes, excavators, bulldozers and dump trucks are the foundation of any grading and construction business. From roadwork to residential subdivisions, companies can access the equipment they need based on the contracts they have won. By reducing capital expense, contractors can treat contracts as a business within a business, accessing what they need when they need it.
Construction Equipment
Cranes, lifts and loading equipment allow construction contractors to work efficiently and safely on a construction site. Finance equipment based on the job, or over a number of years, based on common use.
Long Haul Trucking
Businesses can lease cabs and trailers. Match demand with leasing terms that make costs consistent and easy to manage payments. Our team matches your company with lessors and terms that serve your businesses goals and objectives.
Last Mile Delivery
The speed of delivery is largely determined based on how goods are handled and distributed from receiving to the delivery site. With fleet leasing for box trucks and vans, we help you scale your delivery services to follow demand.
Equipment Leasing Highlights
Lease the equipment you need to increase production and meet business goals.
Highlights
– Lease options keep assets off books
– Expensing equipment reduces taxable income
– Increase production while limiting up-front costs
– Lease-to-own options available
Benefits
– No down payment
– Low monthly payments
– Upgrade or renew at the end of the lease
– Take maintenance and repairs off your budget
Challenges
– Lessor can choose not to renew the lease
– Maintenance may not be completed on your schedule
– Evaluating actual total cost can be challenging
Alternatives
If Equipment Leasing isn’t what you need right now, try:
– SBA Loans
– Factoring
– Lines of credit
Take the next step toward financial access.
Our Firm
Learn more about our approach to financing small and medium sized businesses.
Get In Touch
Not sure about your next step? Talk with a financing expert today.