Project Financing

Financing for your projects

Waiting for clients to come up with project financing may be changing. Like any other supplier, getting a job off the ground is in your lap. With credit still tight, some companies don’t even want to go to their bank or tap a line of credit.

More and more contractors are taking the initiative when it comes to financing and suggesting leasing to their customers––most have never thought of it.

• What can be included in a lease? Just about everything––equipment, delivery charges, labor/installation, taxes and soft costs.
• How much can be financed? 100%––there’s no money down.
• What if new equipment becomes available and the client wants to make a change during the term of the lease. What then? No problem. You can do it without penalty.
• What’s the “buy out” at the end? $1.00, although there are other options to choose from.
• How about the payments? This is really good news. Unlike other types of financing, leasing can be flexible. A lease can be structured to meet your cash-flow and seasonal cycles, if necessary.
• Are there tax benefits? Yes! Unlike loan payments, lease payments may be fully tax deductible as a business operating expense.

If you’re ready to be proactive with getting projects off the ground, talk to us about equipment leasing possibilities. Contact: Bill Donahue or your sales representative.

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