Save Money With Equipment Leasing
Many companies require equipment to build or manufacture their products, but finding the capital to purchase equipment outright can be difficult and costly. There are many advantages that equipment financing can offer, and Amplus Funding can help you figure out whether it is right for you.
Benefits of Equipment Leasing:
- Available for equipment up to $150,000 with no financial statements required
- Leasing also available for middle market equipment (up to $500,000) and large ticket items (over $500,000)
- Minimal or no down payment required
- Payment structures to fit your needs
- Financing for almost any type of business equipment
- Approvals for items under $150,000 in 24 hours
- Approvals for middle market and large ticket items in 3-5 days
- Credit terms up to 84 months
- Exceptional lease rates
- Available for companies in business for two or more years
Sale and Lease Back Options
When you need capital to expand but don’t want to extend your traditional credit lines from the bank, a sale and lease back program could be the answer. Amplus Funding will purchase your equipment, then lease it back to you at competitive rates. Once you complete the payments, you own the equipment again—and in the meantime you have the cash you need to grow.
Leasing for Startups
Companies that have been in business for a short time often find it difficult to get cash from traditional lending institutions, but without cash it is difficult to purchase the equipment you need to grow your business. Amplus Funding can help you get equipment financing, even for startups that have been in business less than two years.
Poor Credit Ratings
If your company or personal credit has suffered in recent economic times, it can be difficult to get approved for loans. Our “second chance” program is available to help you when your company or personal credit is damaged, with the right payment terms to get the financing you need.
Government and Municipal Programs
We finance many different equipment leases for government and municipal agencies, offering benefits like guaranteed approval and low rates. Some of the entities we have worked with include:
- Federal and state government agencies
- Military and armed forces
- Schools and Libraries
- Law enforcement
- Fire departments
- Any state or federal agency
Reasons to Consider Equipment Leases
There is a reason that 4 out of 5 companies use equipment leasing. It is a great option for companies of all sizes that want to grow but don’t want to spend valuable cash and working capital to purchase expensive equipment. Some of the benefits include:
- Limited capital investment
- Preserve cash flow for other business obligations
- Leasing for a variety of equipment types, including machinery, industrial, and even software
- Low payments and great lease terms
- No down payment required and little or no up-front costs
- Avoid purchasing equipment that will soon become obsolete
- Save your existing credit lines for other borrowing needs
- Fixed rates and flexible repayment options
- Accounting and tax advantages
There are many ways that equipment leasing can benefit your business. No matter what size business you have, or what kind of equipment you need, Amplus Funding can help you get it.