Small Business Working Capital and Equipment Leasing-Nationwide

Why the Small Business Community is CRAVING Capital! 

Capital is like the fuel in the Lamborghini that makes small businesses boom. Without capital small businesses are forced to rely on sales to self-fund their growth. When a small businesses internal capital cant keep up with demand for their product outside capital is needed. 

But where does a business owner go to get growth capital?  

Shark VC and Angel investors will try to snap up the business’s precious equity. 

Banks are banks- meaning unless you have great credit they are not interested in you. 

So where does a Merchant or Small Business turn? 

Enter Alternative Finance sources. There are firms out there that specifically and only look to fund small businesses through the following products: 

*Revenue Based Advance 

*Merchant Cash Advance 

*Business Lines of Credit 

*Inventory Financing 

*Equipment Leasing 

*Accounts Receivables Factoring 

The funders will provide fast cash to the business in exchange for a payment structure that fits the businesses sales volume.  

If you are looking for an alternative to equity sources or your local bank that won’t lend to you, contact me today for a free consultation! Our platform of funders is incredibly robust and we can fund any industry as long as the owner has a minimum 10k in monthly revenue, business bank accounts, and no bankruptcy in the past 6 months. My direct line is: 808-756-7234 or email me: erichogi@yahoo.com! I look forward to hearing from you! 

Equipment Leasing Nationwide-All Industries

Product Guide – Leasing 

Equipment leasing is a quick and easy way for business to obtain equipment to expand or start a business.  

Examples, of equipment needed by businesses: 

Doctors - Diagnostic equipment, exam tables, autoclaves, microscopes, medical furniture, computers. 

Farmers - tractors, plows, planters, manure spreaders, harvesters, bailers. all-terrain vehicles. 

Call Centers - Predictive dialers, data handlers, call recorders/monitors, office furniture, computers. 

Warehouses - Forklifts, hand trucks, conveyors, shrink wrappers, racking, air compressors, ladders. 

Trucking - Tractor/trucks. flatbed, box, & refrigerated trailers, in-cab technology, material handling. 

Retail sales – Cash registers pricing guns, EFTPOS equipment, scanners, display shelving, computers. 

In leasing we can “bundle” several products into a lease, including, equipment, software, installation, taxes, maintenance etc. The lessee/user makes one fixed payment on the entire “turnkey” lease. 

Leasing Terms & Types, 

Leasing is “renting” equipment for a set period of time at a set rate of payment. The lessee/user makes fixed payments and retains use of the equipment for a non-cancelable lease period. The lessor retains ownership of the equipment.  Leases are normally one to five years in length.  

A lease can be structured so that the lessee can purchase assets at the end of the lease in a number of ways, including:  

Percent of the purchase with option to buy, the lessee will pay a fee for the option to buy at a specified price at the end of the lease. 

Fair Market Value Lease Buying Option, the lessee may, but is not required, to buy leased equipment/asset at the end of the lease for a price that represents the item's then-current worth. The Fair Market Value Buying Option does not indicate the purchase price in advance but is determined at the end of the lease term.  

$1:00 Dollar Buyout Lease, lessee may buy the equipment/asset for $1. The dollar buyout usually has a higher monthly lease cost. 

Of course the lessee may simple return the equipment/asset with no further obligation and “walk away” 

Who Can Qualify?  

   

Just about anyone can qualify for a lease. Bad credit/no credit is not a disqualifier. The lessor will determine the rate charged for the lease to account for the risk involved. If the customer can afford the monthly payment in order to get the equipment needed, then they should take the lease.  

What is the interest rate on a lease? 

The monthly cost of a lease is calculated using a “Rate Factor” rather than a compound interest rate as in a conventional loan. The Rate Factor is determined solely by the lessor, factor calculations include; ability to pay, credit, type of asset, location of asset, industry type, size and length of lease, among others. 

Contact Eric Ogi-erichogi@yahoo.com ph 808-756-7234

How to Successfully Grow Your Business in 2016