Equipment Finance and Lease

Equipment Finance & Lease Details*

Why lease?

"Eight out of ten companies lease some or all of their equipment."
[source: Equipment Leasing & Finance Association]

Companies whose equipment needs range from a few thousand dollars in equipment to multimillion dollar projects may find leasing to be an excellent method of acquiring equipment.

Advantages of Leasing

  • Improves cash flow and preserves working capital
  • Provides 100% financing (no money down at lease signing)
  • Convenient low-cost, fixed-rate financing to lock in payments
  • Tax advantages**
  • Progress payments can be included in the lease

Types of Leases

  • True Lease
  • Capital Lease
  • TRAC Lease

Other Lease Payment Options

  • Lease Line of Credit: We provide a line of credit to finance your equipment as needed
  • Progress payments: We work with equipment vendor(s) on progress payments that may be required
  • Step-up and step-down payments: For seasonal businesses, structure your payments to be lower during slower business months
  • Deferred payments: Structure your lease to delay the first payment for a short period, allowing you time to generate receivables

Let's Talk

 

* Subject to credit approval.
** Ultrimal Investment does not offer tax accounting advice. We recommend consulting your tax or accounting professional.