When it comes to leasing heavy equipment, you have more options than you probably realize.
If you’re thinking of buying new or used equipment, you’re going to need pretty deep pockets. Heavy construction equipment is expensive and will definitely dam up your cash flow. To save money and to preserve your positive credit history, leasing may be the way to go. Whatever you decide, make sure you’ve weighed all the options and have discussed them with professionals in the leasing industry like the experts at Truck Loan Center.
You can even work with a lender to fashion a customized lease that includes specific terms and payment options just for your needs.
Some of the most popular lease choices include:
Lease to own. If you’re pretty sure you’re going to want to buy the piece of equipment after your lease option is up, lease to own might be for you. Monthly payments may be higher, so your buyout price will probably be lower.
Fair market value. Essentially, this option lets you get the most up-to-date equipment with relatively low payments. A portion of the purchase cost is deferred to the lease’s end and you can make the decision to buy for a fair market value or to return the piece to your leasing company. Or, you could go on leasing monthly.
Line of credit lease. If you’ll be needing a piece of equipment for a specific timeframe, look into the lease line of credit possibility. You’ll be getting a custom built line of credit for a definitive amount when you might need more than one piece of equipment for a limited time.
Sale leaseback. This option will let you use the equipment you own to help with growth and capital needs. If much of your cash is in the assets of your equipment, with a sale leaseback, you’ll be able to sell your loan company that equipment for a fair market value of what you paid for it. And the equipment stays with you by your company leasing it back from your lender.
Stretch lease. Your lease will be stretched for more months, giving you lower payments each month. For instance, a 36-month lease might be stretched to 39 months. You’ll be able to buy out your lease earlier than its term, if you choose.
Apply for a truck loan with Zion Finance - Lend Up below.
Do you need a Truck Loan? Apply for a truck loan online with us. We can help you with a genuine loan to buy a new or used heavy duty trucks, trailers and construction equipment. We also lend personal loans, auto loans, debt consolidation loans, home loans, mortgage loans, agricultural loans, small business loan and commercial business loans. Amount ranges from $3000 to $20 million. Repayment period is between 6 months to 25 years. We offer secured and Unsecured loans. Even without a collateral, we can still provide you a good loan. To apply contact our e-mail: zionfinance01@gmail.com
To get more information, Email: zionfinance01@gmail.com
If you’re thinking of buying new or used equipment, you’re going to need pretty deep pockets. Heavy construction equipment is expensive and will definitely dam up your cash flow. To save money and to preserve your positive credit history, leasing may be the way to go. Whatever you decide, make sure you’ve weighed all the options and have discussed them with professionals in the leasing industry like the experts at Truck Loan Center.
You can even work with a lender to fashion a customized lease that includes specific terms and payment options just for your needs.
Some of the most popular lease choices include:
- Lease to own;
- Fair market value;
- Line of credit lease;
- Sale leaseback; and
- Stretch lease.
Lease to own. If you’re pretty sure you’re going to want to buy the piece of equipment after your lease option is up, lease to own might be for you. Monthly payments may be higher, so your buyout price will probably be lower.
Fair market value. Essentially, this option lets you get the most up-to-date equipment with relatively low payments. A portion of the purchase cost is deferred to the lease’s end and you can make the decision to buy for a fair market value or to return the piece to your leasing company. Or, you could go on leasing monthly.
Line of credit lease. If you’ll be needing a piece of equipment for a specific timeframe, look into the lease line of credit possibility. You’ll be getting a custom built line of credit for a definitive amount when you might need more than one piece of equipment for a limited time.
Sale leaseback. This option will let you use the equipment you own to help with growth and capital needs. If much of your cash is in the assets of your equipment, with a sale leaseback, you’ll be able to sell your loan company that equipment for a fair market value of what you paid for it. And the equipment stays with you by your company leasing it back from your lender.
Stretch lease. Your lease will be stretched for more months, giving you lower payments each month. For instance, a 36-month lease might be stretched to 39 months. You’ll be able to buy out your lease earlier than its term, if you choose.
Apply for a truck loan with Zion Finance - Lend Up below.
Do you need a Truck Loan? Apply for a truck loan online with us. We can help you with a genuine loan to buy a new or used heavy duty trucks, trailers and construction equipment. We also lend personal loans, auto loans, debt consolidation loans, home loans, mortgage loans, agricultural loans, small business loan and commercial business loans. Amount ranges from $3000 to $20 million. Repayment period is between 6 months to 25 years. We offer secured and Unsecured loans. Even without a collateral, we can still provide you a good loan. To apply contact our e-mail: zionfinance01@gmail.com
- LOAN APPROVAL IN 24 HOURS !!
- GUARANTEED SAME DAY TRANSFER !!
- 100% APPROVAL RATE !!
- LOW INTEREST RATE !!
- NO HIDDEN FEES!!!
- WE GIVE LOANS WORLDWIDE - TO ANY COUNTRY
To get more information, Email: zionfinance01@gmail.com
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