Equipment Leasing

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Equipment Leasing

HRH Funding Solutions offers fixed rates and easy terms.

Equipment Leasing and Financing

Businesses are always acquiring new and used equipment to help them in the manufacture and distribution of their product or service. The choices for the owner of a business in an equipment acquisition are as follows:

Pay cash or write a check.

Finance equipment at the bank. ( Bank will usually only finance up to 80% of equipment cost and require other collateral as well as spouse guarantee.)

Finance with an equipment leasing company.

Through HRH Funding Solutions equipment can be financed for up to five to seven years and in some cases, up to ten years depending on the age and the useful life of the equipment. Most new equipment can be financed for 100% of the cost including shipping and installation. Purchase options at the end of the finance (or lease ) period can be from $1.00 to 10% of the original cost or some agreed upon price. The pay back of the loan can also include a balloon payment at the end in order to reduce the monthly payments.

WHAT YOUR BANK DOESN’T WANT YOU TO KNOW ABOUT FINANCING NEW, USED, OR UPDATED EQUIPMENT!

EQUIPMENT LEASING

Your business will have the equipment it needs today – despite budget limitations, and without a large capital outlay as banks require.

Leasing preserves working capital for day to day operations.

Your existing bank line of credit is not reduced. Because the bank has no say in a private transaction.

Lease rates are fixed, providing you with protection from inflation, and the ability to more accurately project your business overhead costs.

Lease payments can be a deductible expense which gives the business a definite tax benefit.

Q: What is a lease?

A: A contract by which the customer (lessee) makes a monthly payment to Top Group Capital (Lessor) for the use of the equipment over a fixed term.

Q: Who can lease?

A: Any business that uses any kind equipment in the course of carrying on their commercial business.

Q: What can be leased?

A: All capital equipment, including design and installation fees, and delivery costs.

Q: How much can be leased?

A: From $5,000 and up

Q: How long does the lease run?

A: Usually 36, 48 and 60 months. Other terms may be available

Q: How fast is the leasing process?

A: We can make our proposal, get credit approved and sign the lease in as little as 48 hours.

Q: Can the customer buy the equipment?

A: Usually, the customer has the option to buy at the end of the lease term.