Need Equipment Leasing
Bankers Capital will finance a wide variety of equipment from the vendors of your choice including trucks and trailers, kitchen and restaurant equipment, computers, point of sale systems, medical and scientific equipment, manufacturing equipment, construction, and landscaping equipment, and much more. When it’s for your business, chances are we can lease it!
Bankers Capital approves and funds commercial equipment leases and small business equipment financing deals that banks and conventional lenders cannot approve. Bankers Capital’s equipment leasing expertise is structuring creative, custom tailored capital equipment leasing programs to meet the cash flow needs of the individual business. Bankers Capital has funded commercial equipment leasing transactions involving diverse equipment types for a variety of companies ranging from small, start-up, privately owned companies all the way up to Fortune 500 corporations. The majority of Bankers Capital’s equipment leasing transactions range from $50,000.00 to $750,000.00 for companies located within the continental United States.
Frequently Asked Questions About Equipment Leasing and Financing
Equipment leasing offers a source of credit with the added benefit of being able to deduct the payments for income tax purposes (in most instances). If you borrow money to buy and own equipment, you are using up available credit, which, if used for other purposes, has the ability to earn a return much higher than the cost of the lease payments.
Any company, association, non-profit organization, or individual that is using the equipment for a business or commercial use.
The commercial equipment lease is non-cancelable. However, you may arrange for prepayment of the lease or upgrade to a more sophisticated piece of equipment.
Yes, you can add equipment to the lease at any time.
Sales tax is added to your monthly lease payment each month. Unless you qualify as tax exempt in your state.
You fill out a simple, one-page credit application. In certain instances, other financial information may be required such as tax returns or financial statements. The supplied credit information is reviewed and upon approval, the lease documents are prepared and sent to you for signing. A purchase order is then issued to your equipment vendor. Upon delivery of the equipment and acceptance by you, the equipment is paid for and the lease commences
For your protection, it is required that the leased equipment be insured. You simply instruct your own insurance agent to send a certificate of insurance to us at no additional cost to you.
Need Equipment Leasing?
If you have questions about leasing contact us