When it's for your
business, chances are
we can lease it.

Customer Information

Your Solution When Financing Equipment.

Smart businesses like yours are using leasing more and more to build and expand their operations without tying up working capital. North Star Leasing gives you the ability to purchase the equipment you need today with a flexible monthly, quarterly, semi-annual, or seasonal payment plan. With a lease you get all the benefits of ownership with favorable tax treatment and off balance sheet reporting. North Star’s demonstrated commitment to supporting our customers has earned us a reputation as a trusted, reliable, flexible business partner that provides fast turnaround on leasing applications.

Leasing with North Star makes sense.

Free up Working Capital: Instead of exhausting cash accounts on fixed assets, you are free to use your capital for other income producing expenses. Leasing will improve cash flow by enabling increased productivity while keeping your funds liquid. Unlike other forms of financing, leasing does not require a large down payment.

Protect Your Line of Credit: Lease payments have no impact on your bank credit lines. Leasing does not show up as a liability on your balance sheet, thus preserving borrowing power for other business needs – inventory, payroll etc.

Eliminate Obsolescence: Lease new up-to-date equipment and maintain a competitive edge.

Gain Tax Advantages: As a business expense, lease payments are 100% tax deductible as opposed to only depreciation and interest deductions for bank financed equipment, resulting in a full write-off over the term of the lease.

Lower Monthly Payments: Allow you to acquire additional equipment when you lease because lease payments may come out of several budget years.

Flexible programs to meet your needs.

Option (Fair Market Value): This plan offers the lessee an option to purchase the equipment at a very favorable fair market value, or you may return the equipment with no further cost, or renew the lease for an additional length of time.

$1.00 Buyout: This allows the lessee to purchase the equipment at the end of lease for only $1.00.

North Star stands ready to provide a leasing program designed for your company’s needs. For over two decades, North Star Leasing has provided personalized service to thousands of satisfied customers throughout the Northeast and across the country.

• North Star Leasing: Your business ally
• Competitive Rates: We offer some of the most competitive rates in the industry.
• Flexible Lease Programs: We offer a range of programs including skip payments, annual payment or seasonal lease to accommodate cyclical businesses, municipal leasing programs as well as customized lease structures to meet unique situations.
• Fast and Liberal Credit Decisions: We do not use off-the-shelf scoring systems that frequently eliminated potentially good applicants because of length of time in business, nature of business or even unproven credit background. All customers are judged on their merit. We respond to the applicant the same business day.
• Simple Documents: We’ve made it easy for you to complete a lease application. Our simple short form contract is generally all that is required.
• No complicated terminology, no lengthy forms.
• Never a pre-payment penalty.

Call us when making your next equipment purchase.