Also known as operating leases or tax leases, 100% of the payment is expensed on the balance sheet. At end of term, you have the option of purchasing the equipment or returning the equipment.
TERM LOANS:
Also known as capital leases or conditional sales, you take full depreciation benefits just as you would with a cash purchase.
Our programs have FIXED RATES and FIXED PAYMENTS. You'll know exactly what you will pay over the life of the transaction.
TERMS: 2 - 5 years for equipment costing $20,000 to $99,999 2 - 7 years for equipment costing over $100,000
PAYMENT OPTIONS:
We have very flexible re-payments which we will structure around your collected cash. You can choose from Monthly, Monthly Skip where you only pay in the months when you are generating income, Quarterly, Semi-Annual, Annual or Harvest plans where payments are made after you go to market and get paid.
We'll tailor a re-payment program that fits your unique business.
EXAMPLES OF EQUIPMENT:
AGRICULTURAL - Tractors, harvesters, combines, packing/processing equipment, irrigation systems, metal buildings and more.
CONSTRUCTION - Trucks, trailers, graders, excavators, loaders, generators, forklifts, cranes and more.
GENERAL - Medical/dental equipment, printing equipment, computers, phone systems, POS systems, ski lifts, restaurant equipment and more.