|
Financing or Capital Leases could be the best
option for customers who want to own their leased equipment
at the end of their contract. These leases allow your customers
to account for leases as purchases and depreciate the assets
on their balance sheets, and all without committing a large
amount of capital. These types of leases cannot generally
be cancelled during the term of the contract, but at the
end of the term your customers will often have the option
to purchase the leased equipment at a nominal price, usually
as low as $1.
True or Operating
Leases are ideal if your customer needs
to use a piece of equipment for a limited time and isn’t
sure about owning the equipment at the end of the
lease term. This
type of lease can be especially enticing to customers
whose
fields
make
rapid
advancements
in high-end equipment. These customers need to stay ahead
of the technology curve, and purchasing the equipment outright
doesn’t always make sense. With this type of lease,
Bankers Leasing retains ownership of the equipment, and your
customers stay current without spending a fortune on constant
updates. They do, however, have the option to purchase any
of the leased equipment at the end of the lease term. Although
fair market value options are standard in the leasing industry,
a 10% purchase option is the norm at Bankers Leasing.
A Sale or Leaseback Lease
is one of the creative financial solutions we offer at Bankers
Leasing. Your customers sell equipment they already own
to
us, get needed cash in return, and we lease the equipment
back to them with a standard financing or operating lease
as described above. Your customers retain use of their equipment
without interruption to their businesses and they now
have access to the capital they need.
|
