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New Business Leasing ProgramsNew business leasing programs were non existent until recently. If you were a new business or a business with less than a two year track record no leasing company would talk to you. Fortunately, several progressive funding sources have introduced new business leasing programs aimed at the new business owner. New business leasing programs can be a very useful way to finance the equipment needed to start or grow your new business. Please email new business leasing programs questions. New business leasing programs will finance up to 100% of the cost of your equipment allowing you to preserve precious cash and personal lines of credit. New business leasing programs can be a useful solution to the universal problems of cash management when starting a new business. New business leasing programs are available with terms up to 60 months and will allow you to lease equipment valued from $5,000 up to $30,000. One of my funding sources will allow low documentation leasing programs to $20,000. A simple one page leasing application is all that is required for that program. These new business leasing programs help you preserve cash by financing 100% of the cost of your equipment. Compare that to the typical bank loan that may require up to a 30% down payment and you can see that business equipment leasing can be a viable alternative to bank or other types of financing. Equipment leasing end of term options can be either a $1.00 or fair market value buyout. Common underwriting guidelines for new business leasing programs include:
As you can see, these programs are designed to give you financial flexibility from your start up phase up to your first two years. Complete my simple one page lease application and I will give you a free no obligation quote with the lowest monthly payment I can find from 200 funding sources within 24 hours. There is no credit report run for the no obligation quote and please note that your payment may vary slightly based on your credit quality when credit is checked but it is a firm quote in all other respects. If you are buying an asset, you always want to review all of your payment options and this free, no obligation service will give you that ability.
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