Need Equipment Now? Lease it With Winncom Technologies!
Over 80% of businesses today lease their equipment and in 2009 nearly $200 billion in equipment will be acquired through leasing. Our equipment-leasing program accommodates transactions costing as little as $5,000.00 with flexible terms and end-of-lease-options. Leasing is another tool that is available to you to provide to both current and potential customers with a fast and easy way to finance their equipment. I look forward to working with you to help your customers acquire their equipment in order to make their businesses grow and prosper in today's competitive market.
BENEFITS OF LEASING:
- Conserves capital with affordable monthly payments, no application fees, and generally requires no down payment. Your customer can use their working capital for business opportunities or emergencies.
- Leasing expands your customer’s total available credit by supplementing their working capital and other lending arrangements.
- Leasing provides fixed-rate financing over the term of the lease with payments that are predictable and easy to budget.
- Leasing offers 100% financing of equipment and its associated costs, shipping and installation can be included.
- Flexible end-of-term options allows your customer to make the best possible decisions – at the end of the lease term – when they are in a better position to know their future equipment needs.
- Leasing can provide tax advantages.
- We can also structure payments around the seasonal revenue generated by the business. We can make it so payments are due in only certain months of the year, or high-low structures as well.
When looking at lease applications we will be determining the customer's ability to meet the financial obligations of the lease. Applications up to $75,000.00 in most cases will be decisioned within one business day – and usually without a financial statement. D&B information and personal credit determine applications under $75,000.00; personal guarantees will be requested.
On larger transactions we will be looking for growing sales, profitable operations, historical cash flow coverage of prospective debt service, and years in business. The amount of the request should not exceed the tangible net worth of the business.
Equipment Finance Service offers flexible terms from 24 to 60 months with three different end-of-lease options. These three options include:
1. Fixed Purchase Price:
Lease which provides the Lessee with depreciation and interest expense. At end of term, Lessee may:
- Purchase equipment for 10% of original amount financed.
- Renew the lease.
- Return the equipment to Lessor.
2. Finance Lease/Dollar Out:
Lease which provides the Lessee with depreciation and interest expense. At end of term, Lessee may own the equipment for $1.00.
Please do not hesitate to call if you have additional questions about the program or a customer inquiry. I look forward to working with you in the near future.
Ready to Begin Leasing The Equipment You Need?
Apply today by using our LEASE APPLICATION and fax the form to: +1 (440) 498-9511