Capital Conservation: Leasing lets a company conserve its working capital; allowing it to allocate cash funds for other purposes. In addition, with a lease, Sales Tax and other taxes are not paid up front at the time an asset is acquired; but are remitted with the monthly payments over the term of the lease.
Credit Preservation: All businesses have access to limited credit lines at their bank. Operating lines, demand loans, mortgages and other credit facilities must be kept within the bank’s total exposure limit for that business. By using a leasing company to finance equipment and machinery acquisitions, a business is effectively opening new credit lines- credit lines which normally require no down payments and no outside collateral- while preserving a business’ existing (and future) bank borrowing ability.
Budget Allocation: Lease terms, payment streams and options can be tailored to meet most budgets. Skip leases, Step-Up or Step-Down payment leases are available to match a business’ seasonal or anticipated cash flows.
Flexibility: RCAP Leasing products provide access to the widest range of financing options available today.
Total Solution: Businesses can obtain virtually all types of equipment through leasing including computer hardware and software, heavy machinery, industrial equipment, office equipment and transportation equipment.
Tax Effective: Leasing may provide certain tax benefits for a business. Consult your tax advisor for advice on the potential tax benefits of leasing.
YOU HAVE MORE OPTIONS WITH OUR JUST RIGHT FINANCING SOLUTION
We provide lease financing services to established businesses, commissioned sales representatives, and newer businesses, in addition to individual applicants.
HOW WE FINANCE IT
The most common questions when it comes to financing your purchase are:
Can I Qualify for Lease Financing?
Leasing is especially beneficial for established businesses (more than two years in operation), and commissioned sales representatives. We also have a program for newer businesses. Individual applicants who have been in the same line of employment for two or more years may also qualify for lease financing.
What are My Options at the End of The Lease?
At the end of the lease you may: Purchase the items for the Agreed Purchase option, Upgrade the items to newer models, or Return the items with no obligation.