…and no fluff Answers
We believe you deserve transparency, so we’ve provided our real, honest answers to your most important questions. Got a question that hasn’t been addressed here? Reach out through our contact form and let’s get the conversation started!
Hey, you’ve got questions? Great! Because I’ve got answers. Let me take the guesswork out of leasing and get you back on track.
Great question! The total cost to you depends on several factors, including the age of your business, your commercial and personal credit scores, your industry and the overall cost of equipment. Customers with a solid industry history and good credit scores can expect a low rate in the 7-8% range.
We offer a wide array of products and equipment to keep your business thriving! From medical offices to the jobsite, we’ve got you covered. We’ve listed some of our popular items below. Don’t see what you’re looking for? Shoot us an email and ask, we love a challenge!
I’m happy you asked! We can provide flexible term options but on average, lease terms are between 24 and 66 months in length.
Well first of all, congratulations! More equipment means you are busy growing! If you wish to add more equipment on to your lease, we’re happy to do so. If it has been less than 60 days from your original lease date, we can add the new products your existing lease. If the 60 days has passed, a new lease will be created for your additional products.
The short answer is YES and you have options! 1) BUY it, 2) RETURN it, or 3) TRADE it! Equipment you wish to keep can be purchased for 10% of the original equipment cost.
We LOVE this question because it gives us another opportunity to help your business grow! YES, Assured Lease can offer you sale-leaseback options. Business owners often need creative capital solutions when other lenders “dry-up”. Sale-leaseback options are one type of innovative financing that can unlock hidden value in your existing assets and provide you with immediate working capital. In a sale-leaseback you actually sell YOUR equipment and lease it back over a fixed payment period. At the end of the term, you can choose to extend the lease, buy your equipment back or upgrade to different or new equipment.
In addition to providing access to working capital, sale-leaseback transactions are popular among business owners for a number of other reasons.
1) Continued Use. You get to keep using your equipment and generating revenue while harnessing more capital!
2) Potential Income Tax Benefits. Like most leases, a sale leaseback offers tax advantages that traditional financing cannot. Over the course of the lease you might even be able to write off 100% of the payment!
3) No Extra Collateral. Unlike traditional back financing, collateral is usually not needed for sale leaseback agreements. The equipment itself becomes built in collaterals and valuations are relatively fast and simple!
4) Tailored Payments. Like all leases, payments can be tailored to meet your cash flow, including fixed step or seasonal payment schedules.
5) Preserve lines of credit. Your lease payments won’t interfere with bank credit lines, allowing you to preserve these funds for other business priorities.
Don’t waste time running after multiple leasing quotes. Drop your numbers into our calculator below to see your leasing possibilities. Take the guesswork and surprises out of leasing and spend more time doing what you love. Your me-time misses you!
You’ve read the testimonials and reviewed our products. So, what are you waiting for? You’re ready. Let Assured Lease get you through your financial hurdles and back to business!
