HOW TO LEASE COMMERCIAL EQUIPMENT FOR YOUR BUSINESS
At CFF, our Core Value #3 (we only have 4 core values) states, “we will always recommend the program that benefits the client before benefiting us.” Because of this belief, we want you to have the information to make the best decision for you, your family and your business. Here is some information that helps you learn about equipment financing LEASE:
PRIMARY BENEFITS OF AN EQUIPMENT FINANCING LEASE:
• You are NOT the owner of the equipment, therefore you deduct the payment as an expense each month vs. taking the depreciation expense at the end of the year.
• Unlike most equipment financing companies, CFF offers NO MILEAGE RESTRICTIONS on our leases
• If your company is in an AMT situation, leasing can be a great way to continue to reduce your taxable income
Most local banks do not offer competitive lease programs.
GETTING AN EQUIPMENT FINANCING LOAN AT CFF IS EASY BECAUSE:
• Credit approvals can be issued in as little as 2 hours
• CFF can fund your equipment financing loan within 24 hours in most cases
• NO TAX RETURNS are required on deals below $150,000
• Depending on your time in business, NO PERSONAL GUARANTEE IS REQUIRED
• CFF offers a $99 down payment program for truck and trailer financing