Equipment Leasing

Need equipment? The general guiding rule is, "If the asset appreciates, buy it. If it depreciates, lease it."

When it comes to acquiring equipment, we know that you have alternatives. However, there are a number of reasons why 8 out of 10 American businesses have embraced leasing to finance their equipment.  We have negotiated lease agreements for nearly every type of equipment critical to the smooth operation of your business.

Leasing is the use of a contributing asset. Just as you pay your employees as they contribute, equipment leasing enables you to pay as you use.

Some of the many reasons to lease equipment include:

1. Conserves Capital Free up working capital for more productive operational uses and business opportunities. Leasing also allows you to overcome capital budget restraints. What better uses do you have for your capital? Build inventory for your upcoming seasonal peak, advertise to expand your customer base, or hire personnel necessary to grow your business. Riverbend Capital Group believes that leasing always wins out when you compare purchasing and leasing options.

2. Preserves Credit Lines Keep bank lines of credit open for emergencies while diversifying your credit.

3. 100% Financing No down payments are required and soft costs such as freight, installation, and taxes are covered for both new and used equipment.

4. Hedges Obsolescence Equipment can be returned or upgraded allowing you to keep up with technology advancements.

5. Fixed Interest Rates Interest rates and payments are fixed to protect you against inflation or stock market volatility.

6. Off Balance Sheet Financing Certain qualifying leases may provide for off balance sheet accounting treatment, thereby preserving your debt ratios.

7. Tax Advantages Sales tax can be deferred over the lease term and qualifying payments reduce tax liabilities. You should discuss these advantages with your accountant or tax advisor.

8. Flexible Payments and Terms No money down, extended terms, flexible payments, and equipment additions and upgrades are all available.

9. Fixed Payments Monthly payments on an equipment lease are generally fixed for the entire term of the lease. Budgeting is easier with fixed payments versus equipment-financing transactions which have floating interest rates.

10. Easier Than Bank Loans Equipment leasing programs are designed to reduce the paperwork required by banks.

11. Purchase or Renewal Options Based on the lease structure, customers have the option to either purchase at a stated amount or at a Fair Market Value, or to renew the lease at a reduced monthly payment.

12. Corporate Budget Management  Leasing may allow a manager to remain within their designated maximum dollar expenditure without needing to complete the capital expenditure approval process.

In addition to the benefits above, there are a number of reasons why leasing is more advantageous than borrowing money or purchasing with cash. These are summarized below: 

Riverbend Capital Group's fast approval process means that you get your equipment as fast as possible, avoiding any costly delays.  Put your new equipment to use in gaining the competitive advantage quickly by working with the accessible financing experts at Riverbend Capital Group.

Simplified Documentation and Billing Small ticket transactions require just a convenient one-page credit application.

Riverbend Capital Group's President Tom Sears personally guarantees that from your first phone call to 866.899.7058 our sales and support staff will take care of your equipment leasing needs courteously and efficiently.