FINANCING, LEASE PURCHASE & COMMERCIAL BUSINESS LOANS
24-60 Months Personal & Commercial (OAC)
- Generate Revenue As You Pay – Financing affords you the option of getting new equipment now and paying for it in small manageable payments. You can start earning more money with your equipment as you pay over time!
- Monthly Payments – We offer monthly payments that range from 24 to 60 months and ensure that you receive the best mechanic tool financing for your business.
- Financial Reporting Advantages – We can structure your lease so that it meets FASB requirements for “off balance sheet” accounting, and can help create a lower debt to equity ratio.
- It’s 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 cost!*
- Keep Lines of Credit Open – Keep potential lines of credit open for financial emergencies and use leasing to help build up your business credit history.
- 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 arrangements.
*Some restrictions may apply and laws to vary from state to state.