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"Working Capital $olutions that make $ense" |
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Revised: 02/07/2010
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Equipment Leasing and Equipment Financing
Equipment leasing and equipment financing programs help cash flow and make superior equipment available to you and/or your customers. Whether you’re selling or buying capital equipment financing, keep the following in mind:
What equipment leasing does…
· Minimizes out-of-pocket costs and typically creates an immediate positive cash flow. · Simplifies budgeting because you establish a limited and fixed payment. · Locks rates and eliminates concern over variable interest rates. · Creates a direct tax deduction versus loan payments that is proportionally depreciated. · Keeps credit and bank lines available for working capital application. · Structures payment for seasonality or start-up needs. · Provides rapid returns on assets versus long payback periods. · Hedges against equipment obsolescence.
What equipment leasing doesn’t do… · Create covenants as do many loan agreements. · Require down payments or large deposits (typically).
Ernie, after we were promised financing (and all we got were promises!) you helped us acquire equipment that saved us $4,000 a month – over eight times the amount of the monthly payment – in time to meet our contract obligations. Not only were the savings important, but you protected our reputation for meeting our commitments on time!
In addition to relieving our receivables back-ups, your leasing programs actually helped us close more sales. Ernie, we both know that I was hesitant to work with you because other companies made promises to us and never delivered, such as the company that left us and our customer hanging with an $80,000 piece of equipment that they had approved the buyer for financing – and then retracted the proposal after we had built and delivered the piece. Thankfully you did everything you said – and then some!
Put a proven track record to work for you today by calling Ernie @ 1-877-813-2923. |
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