Financing products

Leasing Options

  •  TRAC Lease - Especially structured for vehicles. You decide what the balloon payment is, thus matching the payment stream to your business cash flow.


  • Capital Lease - ownership transfer at the end of term. Low to no down payment


  • True/Operating Lease - lease payments are expensed on your financial statement. Does not impact lending bank covenant limit requirements. 


  •  Equipment sale leaseback - The sale of an asset (business equipment) for cash. The asset remains on the seller's property with a contract to lease it back from the source purchasing it. The seller retains ownership of the asset at the term end.   


  • Equipment Finance Agreement (EFA) - debtor owns the equipment and the creditor has a security interest.


Always consult with your tax advisor for your particular situation.