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Equipment Leasing

"If it appreciates, buy it. If it depreciates, lease it."
Famous Millionaire
-J. Paul Getty

Equipment leasing is basically a loan in which the lender buys and owns the equipment and then "rents" it to a business at a flat monthly rate for a specified number of months. At the end of the lease, the business may purchase the equipment for its fair market value (or a fixed or predetermined amount); continue leasing, lease new equipment or return the equipment.  Any business at any stage of development is a candidate for equipment leasing. It is one of the most flexible forms of financing available. For start-up businesses with no revenues, "small ticket" leases, those of $75,000 or less, are feasible on the personal credit of the founders or owners. Leasing can also finance the soft costs often associated with equipment purchases, such as shipping, installation and training services. Leasing provides 100% financing, conserving cash and preserving lines of credit for working capital purposes.

Types of Leases We Offer

1. Application only to $75,000. No financial statements necessary.
2. Middle market financing up to $500,000
3. Large ticket over $500,000

Fill out our online application and have access to numerous funding sources. This insures the best rates and service always.

Equipment Lease Application

 

Platinum Finance Brokers can lease almost any type of new equipment and some used equipment can be leased as well. We have a large pool of funding sources for all types of credit.

  • Approvals for most Application Only leases in 24 hours.
  • Middle market and large ticket leasing usually takes 3-5 days.
  • Up to 84 months to repay with excellent rates.

 

 

 

 

 

 

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