EQUIPMENT LEASING PROGRAM
|
Our Equipment
Leasing Program is equipped to handle you company's leasing needs.
To keep up with today's ever-changing technological world, your
company could waste money on new equipment every year or save money
by leasing through First Capital Funding's Lease Program.
Businesses nationwide are taking advantage of the benefits of this
program, which features low payments, flexible leasing terms, tax
savings and the latest in high-tech business equipment.
We offer all
types of equipment leases - from office copiers, faxes and
computers to specialized industrial machines. In the event a vendor
cannot lease equipment that your company needs, we will buy the
equipment and then lease it to your. This way, everyone is
satisfied. The vendor receives a lump-sum payment from us, and your
company will be able to enjoy all the benefits of
leasing. |
|
Leasing conserves your
working capital.
Rather than purchasing equipment with cash, lease it. When you
lease equipment, you make only monthly payments. Since there is no
down payment to start with, you conserve your working capital to be
used more profitably for your short-term business needs.
Leasing preserves your
credit lines.
Unfortunately, some of the credit available to you today might not
be there tomorrow if you exhaust your line of credit with a major
purchase. Leasing the equipment you need, however, helps preserve
valuable credit lines while giving you the financial resources you
need.
Leasing provides 100%
financing.
You may finance up to 100% of your equipment cost. That includes
freight cost. That includes freight, installation and some
incidental charges. So, you won't have to compromise or settle for
less than you need.
Leasing provides
flexibility.
Through leasing's extended terms, payment amounts can be
substantially lower than they would be if the equipment was
purchased with borrowed funds. Lease payments can be monthly or
quarterly or annually, etc. Different payment amounts can be
designed to occur within the same lease, including seasonal and
step payments. In short, leasing provides you with far greater
financial flexibility than any other form of equipment acquisition,
enabling you to buy more equipment while staying within your
corporate budget.
Leasing provides a
variety of tax benefits.
Unlike loan payments, lease
payments may be fully deductible as an operation
expense.
Low acquisition
costs.
Your capital requirement is low, usually one or two advance
payments.
Leasing eliminates
equipment obsolescence.
Leasing lets you regularly
upgrade your equipment to a state-of-the-art level, eliminating the
inefficiencies of owning outdated equipment.
It's quick and easy to
apply.
Unlike loans that can take weeks to process and require volumes of
paperwork, your lease application is simple. For transactions under
$75,000 simply complete the online
application form, or
download the pdf form and fax
to us at 305-704-3879. In most cases your lease will be
approved within 24 hours.
Types of Equipment that qualify for this
program:
Preferred Equipment Types
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
- Computers,
Printers/Copiers
|
|
|
- Machinery & Lathes
Welding
|
|
|
|
|
|
- Refrigerant Recovery
Systems
|
|
|
|
|
|
|
|
|
- Light Industrial
Equipment
|
|
|
- Telecommunications
Equipment
|
|
|
|
|
|
|
ACCEPTABLE WITH
CONDITIONS
|
|
|
|
|
- Energy Management
Systems
|
- Industrial Air
Conditioners
|
|
- Physical Fitness
Equipment
|
|
|
|
|
|
|
|
|
|
|
Equipment Leasing Calculator
Compute your lease rates and when ready fill out
the application or give us a call, it is that simple!
Monthly Payment Factors
|
Total Cost Of
Equipment |
24
Months |
36
Months |
48
Months |
60
Months |
|
$2,000 to $4,999 |
.04758 |
.03375 |
.02690 |
.02284 |
|
$5,000 to $9,999 |
.04665 |
.03309 |
.02637 |
.02230 |
|
$10,000 to $14,999 |
.04574 |
.03244 |
.02685 |
.02186 |
|
$15,000 to $24,999 |
.04607 |
.03247 |
.02571 |
.02170 |
|
$25,000 to $49,999 |
.04517 |
.03183 |
.02521 |
.02127 |
|
$50,000 and over |
Please Call For
Quote |
Rates are subject to change without
notice.
Effective date: April 15, 2008
How to compute your lease payment
To determine monthly payments, multiply the
amount of the invoice by the payment factor shown above for the
term of the lease. (If applicable add sales tax to monthly
rental.)
- Example: 36 Month Lease
- Cost of the equipment: $20,000
- x Payment Factor: .03247
- = Monthly Rental Payment: $649.40
Check Out The Easy
Lease Online Application
| 
