Why Financing Makes Sense
Lease Financing Preserves your cash
Leasing financing is the smart way to acquire equipment, computers, and software for your business. A Gallup survey shows that 60% of U.S. businesses lease a portion of their equipment. Briefly, here’s why:
- Nominal down payment
- No large cash outlay
- The low, fixed monthly finance payments are a hedge against inflation
- Finance payments come out of pretax income, instead of after-tax profits.
- The rule of thumb is: pay cash for what appreciates, finance what depreciates
Since your bank lines are untouched, financing frees working capital so you can run your business more productively. You can usually qualify for up to 150K, faster than you can fill out the forms for a bank loan.
At the end of the lease finance contract, you have various options:
- Return the equipment with no further obligation
- Purchase it outright
- Purchase options: $1, fair market value, 10%
- Extend the term
With lease financing, you can upgrade equipment and add peripherals for just a few extra dollars per month, as the need arises. This allows you to avoid obsolescence and keep your cash liquid. These upgrades can generally be made with the same terms. In some cases, your payments may even be lower! Contact SeaCliff for more details.
Financing usually covers such “hidden” costs as training, customization, delivery, and installation.
SeaCliff Capital makes lease financing so easy. A simple one-page application gets the ball rolling. On leases up to 150K, you can be approved within hours. You may qualify for one of the more popular and flexible finance programs available such as:
- Contract amounts up to $150,000 without financial statements
- Deferred payment plans
- 100% software-only structure
- Lease lines of credit
You’re a good candidate for lease financing if your established business has a track record of good credit, stable cash flow, favorable bank and trade references, and two or more years in business under the same ownership.
Let SeaCliff handle all of your business financing needs. Need a business loan? Looking for equipment leasing, computer leasing, software financing or other equipment finance needs? Want a working capital loan? Look no further! Seacliff Capital is YOUR finance company, here to assist you with the financial services you need to help your business grow.