Conserve Your Capital
Preserves your credit and protects your operating cash reserves.
A common mistake for a new dentist, or during a practice expansion is to
burn your existing lines of credit and end up in a cash crunch. Placing
business equipment on a personal credit card will damage your credit.
Acquiring equipment through a commercial lease will enhance your credit.
No down payment is required. We can start your lease
for as little as $20 dollars. The soft costs, i.e.
sales/use taxes, delivery, installation, training, etc., can also be
included in the lease payment
Ease of Budgeting
We can offer lower payments for the first 6 months of
the lease to allow your practice to begin generating income to cover the
Special programs such as deferred payments, step payments,
seasonal payments, etc. are available.
Transactions submitted for up to $150,000 or less are
normally approved the same day.
Minimal Paper Work
Often a one-page credit application is all that is
required. We do the rest.
We can offer equipment lease terms for up to 60 months
affording lower payments.
Leasing can move your equipment from a purchase to an
operating expense which makes upgrading to newer equipment much easier.
Under IRS 179 you can deduct up to 250K in equipment
purchases in this calendar year. If you are expanding a practice you could
make 1 payment and deduct the entire amount of equipment purchased
immediately. This results in substantial tax savings and increases your free
cash flow. Effectively lowering your cost of leasing.
Lease payments are fixed for the entire term of the
lease contract. They do not float as with Conventional Bank Financing.