What is a sale leaseback?
Simply put, a sale leaseback is when we purchase equipment that you own outright and then lease it directly back to you. This will provide your business an immediate cash infusion and then at the end of the term, you will own your equipment outright again.
When should I use it?
When you need access to cash for items not equipment related. Why burden your credit with another loan or a run high credit card balance? Leasebacks are a valuable tool to expand your business, purchase inventory, or provide working capital.
- A sale leaseback on piece of equipment is a great way to generate cash for a soft purchase, like a building improvement that may not qualify with traditional financing.
- If you’re looking to stock up on inventory before a big holiday or event but don’t have enough cash on hand, a sale leaseback can be a great tool.
|No impact on line of credit
Do I qualify?
If we’ve done business with you before, the answer is probably yes! We evaluate every one individually based on age and value of equipment. Fill out the form on this page to start the ball rolling.