About Leasing
Leasing has become the preferred method of acquiring equipment among businesses. Currently, 35% of all equipment is leased. Leasing offers real advantages including better value, more convenience and greater control.
Better Value
Make better use of your money
Conventional bank loans usually require more money upfront than leasing and often have restrictive covenants.
Conventional debt financing may require a 10-20% down payment.
Leasing generally requires only one or two payments upfront, which are applied to your future payments.
Finance 100% of your costs
In most cases, the full amount of the equipment, as well as the service, shipping, installation costs and maintenance can be included in the lease. This spreads the cost out evenly over the term of the lease freeing up your money to work harder for you.
Realize significant tax savings
Monthly payments on operating leases are typically viewed as operating expenses offering significant tax benefits. You should always consult with your financial advisor to determine the most tax-beneficial lease for your company.
More Convenient
Speedy and easy
With eLease, most applications receive bids within two business days. This means that you can acquire equipment now, so your business can focus on increasing revenues.
You can tailor a solution that meets your requirements
Leasing is flexible so that you can tailor the length and amount of your payments to meet your business’ needs.
“step-up” leases allow you to start with low payments that increase over time so you can concentrate on using the equipment to generate revenue.
“skip” leases restrict payments to given months of the year so you can plan ahead to cover the slow times.
“deferred payment” leases allow a significant grace period before your first payment is due.
“master” leases offer a more convenient way to add more equipment to your existing lease.
Greater Control
Avoid the risk of your equipment becoming obsolete
With ownership you run the risk that new technology will render your equipment obsolete within a few years, leaving you with equipment that no longer meets your needs and that is difficult to sell. Leasing allows you to replace or upgrade equipment to keep your business competitive.
Improve your cash flow forecasting
The fixed nature of a lease obligation eliminates uncertainty about the future cost of the equipment. Your lease payments facilitate more accurate forecasting and planning.
No ownership dilution
Leasing allows you to increase the cash flow of your company without bringing in investors to finance capital expenditures.
If you have any questions:
Please Contact Us: 212 – 776-3045
What can be Leased!
· Agricultural Equipment
· Air Compressors
· Airplane/Aircraft
· AV Equipment
· Auto Lifts
· ATMs
· AV Equipment
· Cash Registers
· Computers
· Construction Equipment
· Dental Equipment
· Film/Photo Equipment
· Fitness Equipment
· Fleet Vehicles
· Fork Lifts
· Heavy Equipment
· Home Health Care
· Janitorial Cleaning
· Lab Equipment
· Landscaping
· Laser Equipment
· Laundry/Dry Cleaning
· Marine Equipment
· Manufacturing Equipment
· Medical Equipment
· Microfiche Printers
· Mining Equipment
· Office Equipment
· Networking Equip.
· Nursery Equipment
· Parts Cleaners
· Portable Buildings
· Pressure Washers
· Printing/Publication
· Recovery Equipment
Restaurant Equipment
· Salon/Spa Equipment
· Scales
· Scanning Equipment
· Semi Trucks & Trailers
· Servers
· Service Vehicles
· Software
· Tents/Awnings
· Trailers
· Ultrasound Equipment
Questions Please Call Us: 212-776-3045
Product features & benefits
Owner Occupied Commercial Real Estate (51% or more)
· Nationwide loans up to $5MM for 7a, up to $15MM (total) for 504
· Project costs can include purchases, renovations, equipment, relocation expenses,
closing costs & justified working capital up to 125% LTV
· Ground up construction to permanent financing (up to $5MM) if there is historic
cash flow (80% owner occupancy required)
· As little as $10,000 down on multi purpose properties with strong credits
· Expansion guidelines (that can be supported) allow for prior year cash flow as low
as 0.75 times
· Rates – can fix at 5.99% (on stronger deals) with five year resets over a 25 year term
· Refinances – will allow a 25 year amortization for refinance projects
· Restaurants – for an existing operator looking to purchase, refinance, renovate or
expand his building, up to 100% LTV with historic cash flow
· Commercial Condos & Coops – we typically can finance them
· Fees – 50 bp’s to 100 bp’s based on pricing
Non real estate
· Medical (medical doctors, dentists, vets, ophthalmologists & pharmacists)
o practice acquisitions (borrowers can be fresh out of med school), 10 year terms
with as little as $10,000 down
o additional locations – must be supported by cash flow of primary location. No
first time start ups.
o Fees – 50 to 100 bp’s
· Medical loans with commercial real estate –
o For real estate loans that include a practice acquisition, expansion or
renovations of an existing practice, the build out of an additional practice or a
refinance…
o We do not blend terms – loan term will be 25 years (if 51% or more of loan
proceeds go towards the real estate)
· Franchise – for specific brands (such as Dunkin’ Donuts), borrower must be an
existing franchisee currently operating 1 to 5 units
o business acquisitions (re-sales), 10 year terms with as little as $10,000 down
o reimaging and/or refinance, 10 year terms
o additional locations – must be supported by cash flow of primary location. No
first time start ups.
o Fees – 50 to 100 bp’s
· Franchise loans with commercial real estate –
o For real estate loans that include an existing store acquisition (re-sales),
expansion or reimaging of an existing store, the build out of an additional store
or a refinance…
o We do not blend terms – loan term will be 25 years (if 51% or more of loan
proceeds go towards the real estate)