Equipment Leasing
This category includes:

  1. Standard bread and butter leases. Terms are two to five years. The customer has the right to purchase the equipment at the end of the lease. Purchase options are generally $1.00 or 10% of the invoice amount.
  2. Technology Leasing. In most cases this type lease is 36 months with a Fair Market Value at the end of the lease. It is designed so companies can maintain current technology.
  3. Other types and structures are available to meet your needs.

Working Capital / Asset Based Lending
Because the banks have tightened their credit window more businesses are using this type of financing to obtain the funds they need to operate. We like the following types of collateral:

  1. Hard assets. A hard asset is one that when you kick it your foot hurts. Yellow iron including dozers, construction equipment, and similar equipment.
  2. Rolling stock or titled vehicles.
  3. Real Estate. Commercial or residential is acceptable.
  4. Any asset that we can get a valuation on using appraisals or auctions.

Factoring or Accounts Receivable Financing:
Use your receivables to generate instant cash. Then pay it back when the receivables are paid. Factoring can be used to overcome short term cash flow shortages.

Municipal and Government Financing.
See the advantages below:


Advantages for the Government

  • Lease/Purchase financing is designed to complement, not replace, bond financing. Leases afford government agencies the opportunity to acquire equipment during the current fiscal year instead of their having to wait until the next budgetary cycle. In addition, leases offer the following advantages to the government.
  • 100% financing to include delivery and installation costs.
  • Terms available up to ten years, sometimes longer (depending on the collateral).
  • Tax-exempt interest. Lease payments include principal and an interest portion. The IRS has determined that interest paid in this manner is exempt from federal and state income tax. This means the government can take advantage of lower interest costs.
  • No debt created. Lease payments are subject to annual appropriations, which means that the obligation is not subject to statutory debt limitations. Since no debt is created, municipal leases do not require voter approval.