Equipment Financing
An Excellent Way to Grow Your Business
Without Significant Pocket Expenses
What is
Equipment Financing?
Equipment Financing allows businesses to purchase or lease business equipment and machinery through a third party lender. Once the business makes all outstanding payments towards the lender at the end of the loan’s term, the equipment will be owned outright by the borrower. Under lease terms, the borrower can choose to renew the lease agreement, or in some cases, buy the equipment outright.
Why do Businesses Choose to
Finance Equipment?
Not Enough Capital
Capital constraints prevents businesses to fund fixed assets internally.
Preserve Cash Flow and Reduce Cost of Ownership
Financing allows businesses to preserve cash flow for other investments.
Reduce Cost of Ownership
Lease programs reduces cost of ownership on obsolete or outdated equipment, enabling businesses to upgrade their equipment at the end of the lease term.
Common Loan Terms Available
Type of Structures
- Operating Lease
- Tax Lease
- Capital Lease
- Equipment Financial Agreement
Lease Options
- Single Transaction
- Lease Line of Credit
- Sales Leaseback
- Dept Refinance
- Vendor Financing
End of Term Options
- $1.00
- Capped of Closed-ended
- Balloon Payment
- Open-ended
- Fair Market Value
Payment Plans
- Step Up
- Step Down
- Skipped/Seasonal
Why
Platinum Life Financial?
Simple and Quick
Leases up to $500,000 with a one-page application. Approval and lease documents are processed same day.
Competitive Lease Rates
As low as 3.99%
All-Inclusive Financing
Loans can include all soft costs such as shipping, installation, software, and training.
No Money Down
$0 down available
Wide Range of Deal Sizes
From $25,000 up to $25 million
Flexible Payment Options
Options include terms from 12 to 84 months, no advance payments; step up payments; 60 and 90 day deferred; and seasonal payments.
Pre-Approved Lease Lines of Credit
Lines of credit can be provided for flexibility in equipment financing.
Industries We Serve
It doesn’t matter which industry you are in, Platinum Life Financial is flexible to negotiate terms for a satisfactory and mutually beneficial relationship. Regardless of the loan size, our client executives are commited to provide a customer-centric solution to each client’s unique equipment financing situation.
