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How Are Equipment Leasing Contracts Created?
Equipment Leasing Contracts range in length from several months to several years. When the lessee signs the lease they are indebted to pay the equipment owner based on the terms of the lease.

Who Can Benefit from the Sale of an Equipment Leasing Contracts?

By entering into a lease you are only making small monthly payments. This keeps essential cash in your operating accounts and eases the burden during slower business cycles. With a lease, you can return all of your equipment at the end of the term and then get new up-to-date equipment when you start your new lease. And, if you really feel the need to own your equipment, you can still take advantage of the options leasing provides but the lease can be structured so that you may buy your equipment at the end of the term for a single dollar!

There are also multiple tax advantages to leasing. When you purchase equipment you are building up your base of taxable assets. Leasing instead increases your liabilities. That translates into a lower tax burden to the IRS.

For Credit approvals up to $250,000, simply provide the following information:

• Personal Guarantor(s) -- 100% ownership
  • full legal name, home phone number and physical address
  • Social Security Number
  • Lessee's signature (for paper application)
• Business
  • local phone number, fax number, FEIN and physical address
  • Date of incorporation or date started
  • Business type -- sole propiertor, corporation, LLC,...
  • Lessee's signature (for paper application)
• Equipment -- List information for each piece of equipment
• Quantity and price
• Year, make, model and serial number
• Equipment seller's name, contact name, address and phone number

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