Equipment Leasing and Financing – Eliminating the Need for Outdated Equipment

equipment-financing

Do you own a business that relies heavily on equipment? If so, you aren’t alone, and Oakwood Commercial Capital Group can provide you with the equipment financing you need to make your business successful. We offer financing programs of all types with many clients approved within 24 hours. Our loans come with terms of up to 84 months and our interest rates are extremely competitive.

Leasing options include:

  • Application only up to $150,000 (no financial statements necessary)
  • Middle market up to $500,000
  • Large ticket over $500,000
  • Little to no down payment
  • Diverse payment structures

Startup Program

We understand the challenges facing startups and small businesses, when it comes to getting the necessary equipment to operate and grow your company. If your business has just launched, or has been operating for a short period of time, we can help by providing financing solutions for the equipment leasing you need.

B, C, and D Credit

Many businesses have suffered financially due to challenging economic times. Moreover, many business owners have damaged their own personal credit by trying to keep their companies running from personal funds. We can offer a “Second Chance” program to help business owners rebuild their companies.

Sale Leaseback Program

Often companies need working capital, but don’t want to use or are capped out on their bank lines of credit. We offer a sale and leaseback program that taps into the equity you have in existing equipment to give you the needed working capital. We can structure a transaction to buy your equipment at an agreed to value and then lease it back to you. You get the use of the cash from the sale and when all lease payments are made you own the equipment again.

Contact us now to discuss your equipment leasing needs and how we can help arrange the right financing for the equipment.

Should You Lease?

Leasing is rapidly becoming one of the most popular ways to acquire equipment for businesses of all sizes and types. Leasing equipment can lower capital investment and provide your business real cash flow advantages. Almost any type of equipment can be leased, including associated software and installation.

Advantages of Leasing

  • Low monthly payments
    Usually the monthly lease payment is lower than payment required by other financing methods.
  • Fixed monthly payments
    Unlike bank lines of credit that usually have variable interest rates, lease payments are fixed no matter what happens in the market.
  • Lower up front capital investment
    Leasing requires no to minimal down payment, whereas, other financing methods usually require a down payment of 25% or more.
  • Preservation of existing credit lines
    No impact on your bank credit lines, which protects your borrowing power for other business needs.
  • Access to the most up-to-date equipment
    Eliminate obsolescence due to rapidly changing technology. Leasing allows you greater flexibility to maintain a competitive advantage by allowing you to upgrade equipment when it has outlived its advantage.
  • Accounting and tax advantages
    Equipment Leasing payments are generally line item expenses on your P&L, thereby, eliminating the need for complicated depreciation schedules. Lease payments can usually be treated as pre-tax expense, which may lower you tax obligation.