Equipment Leasing FAQs

We lease all types of equipment. If you can depreciate it, we can lease it. We even do leases for software and other intangible assets for the right credit profile.

Please click here for information on the industries we serve and typical types of equipment we provide leases to.

Our leases generally start at $100,000.

Depending upon the underlying credit, we can fund transactions up to $15MM.

Yes. Our leases are flexible and allow for upgrades. Typically, this is done as a co-terminus add-on schedule.

This depends on the lease structure selected upfront.  We have a number of structures available.  Please see the lease structures section of the website for more information.

Once the lease documents are returned, funding typically takes between 1-3 business days.

Business and personal (if applicable) credit checks are completed on all of our transactions.

Generally, customers that have a minimum of three full years of financial statements plus the latest year to-date interim statements. We prefer audited or reviewed financial statements. Our credit review will primarily focus on the cash flows of the business to support the repayment of our lease. We take care to find non-cash add-backs to cash flow that other banks or lenders may miss. Additionally, we are open to structuring a transaction with additional collateral until the business is cash-flowing satisfactorily once again.

It’s simple – use our Quick Quote form and apply now. A Relationship Manager will contact you to guide you through the quick and easy process.

Vendors are typically paid within 1-3 business days from your authorization.

Talk with your tax advisor about your specific situation, but oftentimes the full lease payment can be deducted as a rent expense.

Our lease rates are fixed for the duration of the lease from the acceptance date of the equipment.

Yes! Most of our clients have many sources for funding their business. There is power in having multiple funding partners. Having multiple funding partners prevents one banking relationship from dictating how you run your business and ensures you get financing at the most competitive terms.

We continually strive to provide competitive funding options for our clients.

Leased property generally includes the cost of the property plus installation or other project related costs such as freight, taxes (if charged upfront in your State) and customization/build-out costs.