Can you get the equipment that you need for your business?

Do you own your equipment but find your business in a tough spot right now?

Leasing assets, rather than purchasing them, is a form of financing because it avoids the large down payment frequently required for asset purchases and it frees up funds for other business expenditures. However, you should be aware that leasing from conventional lenders may be difficult for startup businesses because traditional lenders require an operating history from prospective lessees. Leasing companies normally require that a business is at least 2 years old.

However, there are some who will lease to start-ups, but at a lower level of financing and higher interest rates, sometimes requiring other security as collateral. We may be able to help your business. Equipment leasing can be an excellent means for businesses to improve their financial position while acquiring the equipment that they need. Dealers in certain equipment, like auto dealers, may have lease options available while many of our funding sources are strictly funding companies, they do not sell equipment. They will buy equipment needed by a business client and lease it to them.

Cash Flow Funding Group has established relationships with a variety of funding sources who specialize in general equipment leasing. Our equipment leasing companies may be the answer to the needs of your business. Call today to discuss it with us.

Benefits of Equipment Leasing

We can assist with a couple of things concerning equipment leasing, depending on the nature of the business.

Equipment Sale/Lease Back Program

This is a special case of equipment leasing. If your business already owns capital equipment but is having difficulties in obtaining additional needed capital for either growth and expansion or survival, this provides the opportunity to obtain financing based on that capital equipment. In this case your business would sell its equipment to the leasing company and immediately leases it back. The equipment does not move or change, the only thing that changes is the financial status of the equipment. It changes from being owned by the business to being leased by the business. The business gets a lump sum of cash for its business needs and then continues to pay off the equipment on a lease agreement.