FAQ

A company or business that will be using the equipment for business or commercial use.

With loans, you exhaust your available credit line.
With leasing your credit line remains untouched, plus you can usually expense the payments!

First and last lease payments typically are required upfront, but they are applied to your total lease payments.
Documentation and filing fees also apply to process your application.

· Age of business
· Personal credit history
· Prior bankruptcy
· Pay history: On time, delayed, or late

Yes! Please call us to qualify and restructure.

Yes! In most cases, we can include the cost for freight, installation, and required software.

No, but you have options!
· Upgrade the equipment and restructure the Lease.
· Prepayment without penalties, if not excluded.

It is required that the Leased equipment be insured as part of your General Liability and Property Insurance. Simply instruct your own insurance agent to send a Certificate of Insurance to us.

Sales Tax is charged separately and added to your monthly Lease Payment each month.

Section 179 is an attractive Tax Deduction for small and medium businesses. It is also very easy to understand and utilize. Essentially, Section 179 of the IRS tax code allows businesses to deduct the full purchase price of qualifying equipment and/or software purchased or financed during the tax year. That means that if you buy or lease a piece of qualifying equipment, you can deduct the FULL PURCHASE PRICE from your gross income. It is an incentive created by the U.S. government to encourage businesses to buy equipment and invest in themselves.
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