Equipment Leases Inc. is a Utah based lead broker. Some common financing purchases in these industries include: How to choose an equipment leasing company. making it a particularly good option for businesses with bad credit. The best equipment leasing companies will have experience in your industry and be able to offer guidance through all stages of the funding process. Email: The right option for your business, however, will also vary based on the type of. Top Equipment Leasing Companies in the U.S.A, In this blog post, well have a frank discussion about the, Having a partnership with the wrong equipment leasing company opens your business up a lot of problems, including cash flow problems. We are pleased to offer a wide variety of equipment leasing and finance services and funding offerings to the business community. After your lease is approved, SouthStar will purchase the equipment and have it delivered and installed (if applicable) at a time specified by you. Repayment terms on equipment funding can range anywhere from one to five years or more. The results are based on vendor analysis, competitive rates, and client feedback, we have put together a list of the top Equipment Leasing companies in the industry. Watch out for companies that make red flag promises, such as no credit check equipment financing or guaranteed approval.. You own the equipment. Any one of these can be grounds for you to pass on the leasing company. They work diligently to understand the specific needs and trends of your market and customers. You choose the equipment you want and provide invoices from the vendor, making sure to include all shipping, installation, and setup fees. The age-old question always comes up in board rooms and break rooms, should we fund our equipment needs with cash or borrow? We learned long ago that if we are going to be successful, we had better hit a home run for our equipment leasing customer on the first at-bat with the perfectly structured equipment loan. Dont believe an ad that says "interest rate as low as 4%. Only a few can qualify into that kind of interest rate. In 2008, FinCap, LLC first opened with a mission to help all companies get the funds they needed, even those who didn't fit the mold that most lenders were working with. Small-business equipment leasing and financing has always been an effective means of growing infrastructure. Email:
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