Financing Information
Leasing Helps Small Businesses Grow
Generate Revenue as You Pay
Leasing affords you the option of getting new equipment now and paying for it in small manageable payments. You can start earning money with your equipment before your first payment is due!
Low Monthly Payments
We offer monthly payments that range from 12 to 60 months and ensure the best fit for your business. We also offer Variable Payments* upon request that can be matched to seasonal cash flow variations.
Financial Reporting Advantages
We can structure your lease so that it meets FASB requirements for “off balance sheet” accounting.
100% Tax Deductible
IRS Tax Codes allows your business to deduct the full purchase price for the equipment you finance as you pay for it! You essentially get to deduct 100% of the equipment costs*!
Avoid Bank Restrictions
Leases do not include blanket liens, restrictive covenants, rate escalator clauses, “call anytime” provisions, compensating balance requirements, or many of the other surprises related to traditional lending.
Keep Lines of Credit Open
Keep potential lines of credit open for financial emergencies and use leasing to help build your business credentials with any bank.
| Advantages | Lease | Bank Loan | Cash |
|---|---|---|---|
|
Can I get approved now without extensive financing statements? |
Yes |
No |
Full Payment Required |
|
Can I take advantage of tax benefits and deduct payments? |
Yes |
No |
No |
|
Can I avoid financial reporting? |
Yes |
Shows debt on balance sheet |
Full Payment Required |
|
Can I have no cash outlay or down payment? |
Yes |
Banks require a down payment |
No |
|
Can I defer payments until the equipment is installed correctly? |
Yes |
No |
No |
|
Can I match monthly payments to current cash flow requirements? |
Yes |
No |
No |
|
Do I have ownership options at the end of the term? |
Yes |
Ownership only |
Ownership only |
|
Can I get approved with a low credit score? |
Yes |
Yes |
Yes |
|
Can I get approved with a bankruptcy? |
Yes |
No |
No |
|
Can I get my startup approved for financing? |
Yes |
No |
No |
Fast. Flexible. Financing
We would like you to have a convenient way to acquire our products. This is why we teamed up with a specialized commercial lender, Ascentium Capital.
