Advantages to Leasing

Ø We provide leases with a minimal out of pocket expense. We require only one or two months payments down, not the normal 20% or 30% down required by most banks
Ø Avoid the hassle of bank loans. Our “Application Only” programs are simple and quick. It takes only five minutes complete and is approved in 24 to 48 hours. We can go up to $100,000 before requiring financials.
Ø Your payments will never increase through the term no matter what happens to the prime rate.
Ø We design our payment programs to match the cash flows of your business. We will accept payments monthly, quarterly, semi-annually, or annually. If your business is seasonal, you can take up to three months each year with zero payments. We provide delay payment programs so you can get the equipment in and generating income before you begin making payments. The delays are great also for back ordered equipment, delays in production or to purchase equipment that isn’t really needed for a few months.
Ø The true lease has accounting benefits. This is sometimes called “off balance sheet financing” because you do not book a liability on your balance sheet. This prevents you from being too “highly leveraged”. It also simplifies your accounting because you simply expense every payment made.
Ø The true lease also has tax benefits. Because you can expense the entire payment, including sales tax, you will “accelerate” your depreciation and pay less tax. You can also avoid cumbersome depreciation schedules.
Ø A lease will also preserve your established lines of credit. Use your bank lines for operations, expansions, inventory purchases, emergencies etc. The lease lines are perfect for purchasing profit making equipment.
Ø Leasing improves your cash flow. Make your payments from your monthly income, not from your working capital or savings.
Ø WHAT BETTER WAY TO ADD A PROFIT CENTER TO YOUR BUSINESS THAN WITH LEASE TO OWN FINANCING. If you have a need for equipment we can add it to your fleet without disrupting your current business. We don’t drain your cash, we don’t tie up your assets, and the profits from the equipment make the payments!

Payment Plans to Match Your Cash Flow

ü STANDARD LEASE PLAN. The basic lease to own, twelve payments per year, either $1.00 or 10% (of purchase price) residuals, chose your purchase option depending on your tax and accounting needs. New or used equipment OK.

ü SEASONAL PAYMENT PLAN. This plan allows the lessee to take up to three months per year with no payments. If your cash flow is seasonal, this is a perfect plan.

ü 10 % DOWN PLAN. Put 10% down if you have the cash available. This will lower the monthly payment and it may be used to pay the purchase option at the end of the lease, or can be returned to you. You can still enjoy the benefits of the true tax lease with no “residual” payment at the end of the lease.

ü 90 DAY DEFERRED PAYMENT PLAN. Begin the lease with one month’s payment and then take 90 days off. Use these 90 days to get the equipment in and generating profit, then begin making payments.

ü 7 X 100 PLAN. The lease begins with $100 down, followed by $100 per month for the next six months. This allows the lessee six months to get the equipment in and generating profit before beginning to make payments. It is also great for back ordered equipment, delays in production or to purchase equipment that isn’t really needed for a few months.

ü STEP-UP OR STEP-DOWN PLAN. This Plan is excellent to work around a specific job that may require the lessee to purchase special equipment. Example: lessee has a job that will last 9 months and needs some equipment to complete the job. He knows he will have great cash flow at the beginning. He may wish to make larger payments for the first year, then reduce them there after. Or just the opposite, he may want low payments at the beginning the increase them the following year.

ü MUNICIPAL LEASING PLAN. Advanta-Financial can also provide non-appropriated leases for any city, county, or state government agency you work with. These are special leases with special pricing. Please call for additional information.

ü 6 X 99 PROGRAM. This program only requires 2 Security Deposits totaling $198.00 ! The first six payments are at $99.00 followed by 30, 42,or 54 payments at the normal rate.

**These are simply a few of the most popular plans used today. Please do not hesitate to call if you have a special need. We will design a plan for YOU!*

Terry Pyle
Phone: 509 760-0015
Fax: 509 765-6082
Email: tpyle@qosi.net

Download Lease Application