1) Who Can Lease?

Anyone can lease as long as the equipment is being used for a business purpose. We provide leases to smaller "mom and pop" shops, as well as larger businesses.

2) What Can Be Leased?

We lease all types of manufacturing equipment- including, but not limited to, woodworking, plastics, metal, and recycling, both new and used. Our minimum transaction size is $2,000 and there is no maximum! You can lease 100% of the equipment cost, along with freight, installation and training charges.

3) What Financial or Credit Information is Necessary?

For leases under $150,000, usually a standard lease application is sufficient. Sometimes we have additional questions- if we do, we'll call and let you know. For leases over $150,000, we need an application in addition to your current financials.

4) Why Should I Consider Leasing?

In short, because leasing saves you money!! Here is how:

• PRESERVES CAPITAL- Leasing allows you to keep your shop up-to-date with the latest machinery technology while preserving your bank lines and other sources available to meet short-term needs, such as inventory or increased receivables. By keeping your money actively invested in your business, you help to ensure your business will continue to grow.

• BETTER TAX DEDUCTION- Your lease payments may be deductible as an operating expense. So you pay for your equipment out of current, untaxed income instead of already taxed profits. Additional tax benefits may also apply. Please consult with your tax advisor to verify eligibility.

• LITTLE OR NO MONEY DOWN- You can lease 100% of the equipment cost, including freight, installation and training. Usually all you pay up-front is the first and last months payment.
 
Has your question been answered?
If not, contact us and we will be glad to help you out!