As a small business equipment leasing broker with nearly 200 small
business equipment leasing
funding sources, I have access to many small business equipment leasing programs. If a
small business equipment leasing program exists, I can find a
leasing solution to
meet your specific circumstances and goals. I routinely consult with
small business owners looking for creative financial solutions to meet
the needs of their growing company. I work with my small business clients to
understand the specifics of your company and needs before I
will propose any equipment leasing solution. In small business equipment leasing, one size very
definitely does not fit all. One of the advantages of working
with a small business equipment leasing broker compared to one of the large leasing companies
is that I can fit several small business equipment leasing programs to your needs rather than you
trying to fit into their small business equipment leasing programs.
This list of small business equipment leasing programs, while extensive, does not cover all
small business leasing
programs available to you. If you do not see the small business equipment leasing program
that meets your needs, call my direct line at (888) 648-1714 or email any
small business equipment leasing programs questions.
"A" credit with full financials offer the best payment factors and
can be set up with either a $1.00 or fair market value at the
end of the lease term.
700+ credit scores and 5 years under current ownership.
"B" credit with full financials offer payment factors marginally
higher but only require 2 years in practice and credit scores from 640 to
700.
"C" credit with full financials have payment factors somewhat
higher and allow credit scores down to 600. 2 years is required.
"D" credit or "second chance" products obviously have higher
payment factors but allow scores down to 570 and a prior bankruptcy is
acceptable. $20,000 maximum.
"Low
Documentation Leasing Programs" are also described as application only.
Up to $75,000 with a simple one page application, a credit report, and
verification of 2 years in practice. NO financials!
"Structured Programs". These can be structured to match
payments to your companies cash flow. Common structured programs
include:
"Annual payment lease". Your first payment is in
advance and is not a security deposit. Buy out options are fair market
value, 10% of cost, or $1.00.
"Seasonal Payment Plan". Make your normal payment for 9 months and no
payment for 3. Perfect for seasonal operations.
"90 day deferred" Your first 3 payments are set
at $.0 (since payments are in arrears, the actual deferral is
for 120 days). Useful if the asset needs to be in place making money before
your first payment is due. "A" credit
only.
"60 day deferred". As above but the actual
period deferred is 90 days.
" 7 x $100" A $100 advance security deposit is
required. Your next 6 payments are at $100 with the remaining payments
at a predetermined amount.
"Step Up Program". Offers reduced payments for the first 12 months. Maximize the cost versus benefit ratio during the first
year of use.
"Waive Payment Voucher". Voucher allows you to pay only $25 per month
used. Available up to 3 times per year or 6 times over the full term.
"The 1% Solution". Pay only 1% of the cost as a security
deposit. While other programs offer 100% financing, they
will require up to 3 payments as a security deposit plus documentation fees
which can be significantly more out of pocket. $5,000 to $75,000.
Apply for your