Equipment sale leaseback is
the sale of an asset (business equipment) for
cash. The equipment remains on the seller’s
property with a contract to lease it back from the
source purchasing it.
The seller retains
ownership of the asset at the term end.
From office to warehouse any
equipment owned outright and which is involved
with the daily operation of the business should
qualify for sale and leaseback financing. However,
equipment age and industry restrictions may
apply.
| Why a Sale
Leaseback? |
 Get up to 70% of the original purchase
price on equipment you own. |
- The equipment stays on your property for
your use.
|
- You can write off 100% of the monthly
payments.
|
- No restrictions on how the money is
used.
|
- Take idle equity out of equipment and
use it for working capital.
|
- No other collateral . . . no personal
assets and no other business assets.
|
- Your lease payments do not interfere
with your credit lines at the
bank
|
|
