Equipment Leasing

Equipment Leasing and Equipment Financing

Equipment leasing and equipment financing programs help cash flow and make superior equipment available to you and/or your customers. Whether you’re selling or buying capital equipment financing, keep the following in mind:

What equipment leasing does…

  • Minimizes out-of-pocket costs and typically creates an immediate positive cash flow.
  • Simplifies budgeting because you establish a limited and fixed payment.
  • Locks rates and eliminates concern over variable interest rates.
  • Creates a direct tax deduction versus loan payments that is proportionally depreciated.
  • Creates a direct tax deduction versus loan payments that is proportionally depreciated.
  • Keeps credit and bank lines available for working capital application.
  • Structures payment for seasonality or start-up needs.
  • Provides rapid returns on assets versus long payback periods.
  • Hedges against equipment obsolescence.

What equipment leasing doesn’t do…

  • Create covenants as do many loan agreements.
  • Require down payments or large deposits (typically).

Bob France, Senate Construction

“Ernie, after we were promised financing (and all we got were promises!) you helped us acquire equipment that saved us $4,000 a month – over eight times the amount of the monthly payment – in time to meet our contract obligations. Not only were the savings important, but you protected our reputation for meeting our commitments on time!”

Bill Purvis, Beta Star Corporation

“In addition to relieving our receivables back-ups, your leasing programs actually helped us close more sales. Ernie, we both know that I was hesitant to work with you because other companies made promises to us and never delivered, such as the company that left us and our customer hanging with an $80,000 piece of equipment that they had approved the buyer for financing – and then retracted the proposal after we had built and delivered the piece. Thankfully you did everything you said – and then some!”

Put a proven track record to work for you - Call Ernie Today!

Ernest P. (Ernie) Brown
7 Westview Drive. Litchfield, NH 03052
Email: ebrown@finance-manager.com