An equipment lease is a lease where you make monthly rental payments in exchange for the right to access and use the necessary equipment. At the end of the lease, you typically have the option to purchase the equipment at its fair market value (as determined by the leasing company at the outset), renew the lease, or return the equipment
The right equipment will help your business run more efficiently and allow you to meet the demands of your customers and vendors. To get the equipment you need without using up your businesses cash reserve or credit line Mission Valley Capital can help. The goal is to provide you with the right equipment financing, so that whatever is spent on the equipment creates and exponential ROI. You’ll get an affordable monthly finance payment over a set term length allows you to set the right expectations for any future business.
Types of Leases We Offer
- Application up to $150,000. No financial statements necessary.
- Middle market financing up to $500,000
- Large ticket over $500,000
- Little or no down payment
- Numerous payment structures
We can finance almost any type of business related equipment.
We can achieve approvals for your application within 24 hours. Middle market and large ticket financing usually take 3-5 days. Get terms with up to 84 months to repay with excellent rates. These particular programs are for companies that have been in business for two years or more. If your company has been in business for less than two years there are still programs that you can utilize, keep reading
Sale & Lease Back
Many companies need working capital for expansion and do not want to use their bank lines for working capital. We have a program that uses the equity in your existing equipment to give your company the working capital it needs. We buy your equipment and lease it back to you and when all the payments are made you own the equipment again.
Most financial institutions will not finance companies that are just going into business. If your company has just started in business, or has been in business for only a short time, usually less than two years, we can help you grow by financing the equipment you need to be successful.
B, C and D Credits
In these tough economic times many businesses have suffered financially. Additionally, the owners of these companies have seriously damaged their personal credit. We have developed a “second chance” program to help these companies. We can structure your financial needs to help you rebuild your company.
Government and Municipal Leasing
We can provide lease financing to any government or municipal entity with guaranteed approval. The rate is determined by the rating of the municipality or government agency. A partial list of who we finance is listed below:
- Federal Government Agencies
- Armed Services
- State Agencies
- Public Schools
- Police Department
- Fire Houses
The above list is only an example of what we can finance. We can finance any state or federally controlled entity.
When you call us, one of the partners at Mission Valley Capital will go over your specific needs and determine how we can arrange the financing your company requires.
Leasing is the right choice for many businesses. When you have projects that require unique equipment it is especially important to get the right terms.
Leasing is one of the fastest growing ways of acquiring equipment in business today. Recent surveys found that 80% of U.S. businesses, from Fortune 500 to the local family business, lease some portion of their equipment. A growing business often faces the dilemma of limited cash flow and the need to add equipment. Leasing can put the equipment to work for you with real cash flow advantages and without major capital investment. We can lease virtually any type of equipment, including software and installation.
Low monthly payments
The monthly lease payment will usually be lower than the payment required by other methods of financing.
No need to tie up capital
Keep your business’ cash for future needs, unexpected expenses or working capital when revenues are low.
You can always lease equipment but you can’t lease money!
Most types of financing require down payments of up to 25%, whereas leasing covers 100% of the cost of the equipment. Most leases require only one or two payments in advance. Get immediate use of the equipment with minimal up-front cost.
Preserve existing lines of credit
Leasing has no impact on your bank credit lines. Protect your borrowing power for other business needs or opportunities.
Technology is changing at a rapid fire pace. What meets your business’ needs today may be obsolete three years from now. Leasing allows you the flexibility to maintain a competitive edge by giving you today’s best technology then allowing you to upgrade when the equipment has outlived its advantage.
Fixed payments through the term of the lease
Unlike bank lines of credit that usually have variable rates, lease payments are fixed no matter what happens in the market. By choosing to lease you won’t be a victim of skyrocketing interest rates. Remember the 80’s when rates rose from 9% to over 20% in one year? That can’t happen with leasing.
Significant tax and accounting advantages
Leasing eliminates the need for complicated depreciation schedules since lease payments are generally line-item expenses on your P&L statement. And since lease payments can usually be treated as a pre-tax business expense you may even reduce your taxes. Paying cash for equipment automatically adds 30-40% to the cost when you realize that cash = profits, and taxes are paid on profits. Leasing is the right choice! It minimizes demands on cash flow, eliminates obsolescence, keeps your bank lines open, saves on taxes and shelters you from the market.
We offer a No-Obligation Pre-Qualification that takes less than 10 minutes to complete. Call to speak to one of the partners at Mission Valley Capital to go over all the available options for equipment leasing that moves your business forward.