The following are a few examples of our Leasing service in action
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Fence Distributer
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required a piece of material handling equipment but their bank could not
accommodate them because their credit line was at its maximum.
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Solution: An equipment lease was arranged at a favorable fixed
rate for a five year period with no down payment and a buy out at the end
of $1.00. This enabled the client to utilize their bank line for other purposes.
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Transportation Service Company
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required to payoff bank balance and did not attract other lenders interested
in pursuing this credit.
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Solution: An equipment lease was arranged for Sixty months
at a fixed rate, utilizing "used" manufacturing equipment as collateral and
a buy out at end of term of $1.00.
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Health Care Distributor
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required financing of equipment to offer its clients where there was no other
source of available cash.
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Solution: A leasing line of credit was established over a thirty
six month period which allowed the client to purchase the equipment with
low monthly payments. As the client purchased additional inventory and the
line is paid down, new purchases can then be added to the line, up to the
predetermined credit limit.
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Jewelry Manufacturer
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required several small pieces of equipment but had a seasonal cash flow with
no outside sources of capital. All company assets tied up in inventory and
accounts receivable.
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Solution: A lease was established for five years, with all
pieces of equipment rolled into one lease, at a fixed rate. The lease was
set up with skipped payments in the off season and slightly higher payments
in the peak periods.
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Start up Physician
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required financing to setup the office and purchase the required medical,
office and computer equipment.
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Solution: A leasing line of credit with a predetermined credit
limit so that all pieces of equipment could be purchased and payments could
be paid over a five years, with a moratorium for the first six months.
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leasing