Equipment Leasing

Industries We Serve

Industry	Description
Construction	The industry involved in building infrastructure, commercial, and residential projects, often requiring heavy equipment and machinery.
Material Handling	The industry focused on moving, storing, and managing goods and materials, typically involving forklifts, conveyors, and other machinery.
Manufacturing and Machine Tools	The sector that produces goods using tools, machinery, and labor, often involving the use of equipment such as lathes and CNC machines.
Trucking (Over-the-Road and Local)	The transportation industry that moves goods either across long distances (over-the-road) or within local areas using trucks.
Agriculture	The industry involved in farming, crop production, and livestock management, often using equipment such as tractors, harvesters, and irrigation systems.
Technology	The industry that focuses on the development, manufacturing, and use of computers, electronics, and related technologies.
Healthcare	The industry that provides medical services, equipment, and technology to diagnose, treat, and care for patients.

Lease Types

Term	Description	Purpose
Equipment Term Loans	A loan used to purchase equipment, where the borrower repays the loan with interest over a set period.	Used to finance equipment purchases with fixed repayment terms.
Equipment Finance Agreements	An agreement where the lender provides funds to buy equipment, and the borrower repays over time but owns the equipment from the start.	Provides ownership of the equipment immediately while allowing payments over time.
Conditional Sales Leases	A lease where the lessee takes ownership of the equipment after fulfilling the conditions of the agreement, typically after all payments are made.	Used when the lessee eventually wants to own the equipment after making all payments.
TRAC Leases	A lease primarily used for commercial vehicles where the lessee can adjust the residual value at the end of the term, affecting payments.	Designed for businesses needing flexibility in vehicle leasing with the option to adjust the lease's end value.
Tax Exempt Leases	A lease where the interest payments are tax-exempt, often used by government entities or non-profit organizations.	Allows non-profits and government entities to finance equipment at a lower cost due to tax exemptions.
Stated Residual Leases	A lease with a predetermined residual value that must be paid at the end of the lease term to purchase the equipment.	Provides a clear purchase option at the end of the lease, with predictable costs.
Fair Market Value Leases	A lease where the lessee has the option to purchase the equipment at fair market value at the end of the lease term.	Offers flexibility for businesses that may want to purchase equipment but prefer to evaluate the market value at the end of the lease.
Equipment Lines of Credit	A revolving credit line that allows businesses to purchase equipment as needed, with flexible repayment terms.	Provides ongoing access to credit for equipment purchases without needing to apply for separate loans.