Program Highlights
Same Day Financing Available
• Transaction finance ranging from $2,500 to $5,000,000 (multiple financing products)
• $0 down with deferred payments for 90 days, 12 to 60 month terms available. o Additional customized payment structures such as seasonal, step-up, and step-down configurations are available to optimize offering rate.
• Rates starting at 3.325% with section 179 of the IRS tax code, your CPA will also credit your tax return for payments made ultimately lowering your overall interest in the 2’s.
• Loans and net leases with No Pre-Payment Penalty charges at payoff.
• Quick turnaround times including Same-Day Credit Decisions upon receipt of signed transaction summary and Same-Day Funding upon receipt of required documentation.
• Simple contracts with no hidden fees, renewal clauses, or force-placed insurance.
• Applicants with 650+ credit scores and new business owners are welcome.
• Competitive rates and flexible finance structures. See our Section 179 Financing Calculator to run example transaction scenarios to calculate payment, cash savings and interest rate!
• DocuSign for quick and easy turnaround of transaction documentation.
• No vendor deposits required to get started. All required vendor payments will be paid by Underwriting on the customer’s behalf.
❖ Additional FF&E items desired to be included in the financing package are welcome. o Simply include all vendor quotes when emailing back the signed credit application.
Why Lease Financing?
BECAUSE…
• It is an effective alternative to paying cash or using bank credit lines • Lease financing preserves working capital
• It is a proven way to increase sales by offering a low-cost-of-acquisition • The value of equipment is in its use – not its ownership
• Lease financing facilitates the sales/closing process and funding • Low rates help customers utilize the equipment/asset they need to remain competitive
• It is an easy way to upgrade critical equipment and software during the contract term
• Our lease financing programs deliver 2-4 hour credit decisions