Financing Amount/ Equipment Types
Equipment Financing & Leasing Programs
Each customer has a unique profile and financial need. For that reason we offer many financing and leasing programs to fit almost every situation. We can structure the following programs:
Equipment Loan: An equipment loan is used to purchase business equipment that is secured by the asset itself. The customer repays the amount borrowed with interest over a specific period of time. The term of a loan can be anywhere from 24 to 60 months.
Terminal Rental Adjustment Clause (TRAC): This lease is designed to finance a customer’s qualified truck or trailer. It offers the lessee a stated residual value at the end of the term. At lease end, the customer can pay off the residual value and take ownership of the asset.
Fair Market Value (FMV): This lease allows our customers to obtain the equipment they need to run their businesses for a designated number of months. At the end of the lease term, our customer may purchase the equipment for its fair market value, or, depending on his credit status, continue to lease the asset or return it and upgrade to a new unit.
$1 Buyout Lease: This lease allows our customer to purchase the equipment for one dollar ($1) at the conclusion of the lease agreement. The monthly payment is typically higher than with some other types of leases like an FMV since the buyout is only a dollar. Customers interested in keeping the equipment at the end of the term may prefer the dollar buyout option.
Do you already own equipment?
Unlock significant capital for your company using the equipment that you already own. We can structured working capital loans using the assets of your company.
The assets must have an active, proven secondary market and a Liquidation Value of at least $20,000 per asset. Potential collateral includes could be: