Five reasons why leasing is a better alternative to bank loans:

Convenience and Ease.
With leasing, we can approve the customer for up to $150,000 with only an application. In most cases, banks will require customers to submit corporate tax returns for three consecutive years. It is a fact that up to 90% of small businesses would not qualify for a bank loan because they fail to show profits. Leasing is quick and easy. Most customers will have an answer within 24 hours.

Less Risk.
With leasing, the only collateral pledged is the leased equipment. A major asset (personal residence, building, business, etc.) is not pledged as collateral–just the equipment. Note: Banks do lien major assets for business loans.

Smaller Down Payment. Leasing does not require a large down payment, which is normally a requirement for bank loans. Note: Bank loans may require up to a 40% down payment.

Flexibility.
Leasing affords you more flexible options at the end of the lease. The equipment can be purchased at a pre-set price, fair market value or returned.

Tax Advantages. Leasing offers the ability to write off your lease payments. Depending on your lease option, you may be able to subtract your lease payment as an expense. A bank loan does not offer this feature.

Florida Office

815 Birdie View Pt.
Sanibel, FL 33957

(239) 395–0634

New Jersey Office
Building One
1259 Route 46
Parsippany, NJ 07054

(877) 983–4400