Creative Business Financing

Up to 100% of the business equipment costs can be financed through the business financing programs at Simplified Leasing. Our "You Design" Leasing Programs allow us to customize the program to meet your specific financing needs. We offer unique business financing programs such as the first six payments for just $99, or even up to the first 12 payments at only $99.

Contact us to discuss a leasing program that will work for your company. To begin the easy application process right away, click here.

Business Financing "You Design" Leasing Programs

Features and Benefits of Creative Business Financing for Capital Equipment Leasing

• Little or no down payment needed. Your valuable cash and/or lines of credit won't be tied up.
• Flexible Options: Choose from a variety of capital equipment leasing plans.
• Tax Advantages: Leasing can help to reduce your taxable income*.
• Flexible Terms: Longer terms may be available on qualifying equipment and dollar amount.
• Easy Application. One page application can qualify up to $100,000 in equipment. Lease requests over $100,000 into the $millions require favorable financial statements

Lease Purchase

The Lease Purchase program is a lease-to-own plan and is also referred to as a finance lease or capital lease. The Lease Purchase is a good option if you plan to keep the equipment beyond the lease term.

Benefits of the Lease Purchase financing program:

• Fixed monthly payments during the lease term: No worries regarding purchase option since it is established at the start of the lease.
• Usually, two lease end options are available: Sometimes higher lease end terms can be arranged:
• $1.00 buyout*: After successful completion of the lease term, the final payment is only $1.00.
• 10% -25% p.u.t.*: After successful completion of the lease, the final payment will be equal to 10% - 25% of the original lease amount**. This allows the benefit of lower payments than the $1.00 buyout option while the equipment is generating an income stream for you and your company.

Fair Market Value Lease (FMV)

The Fair Market Value Lease (FMV) is also referred to as a tax lease or true lease. If you are looking for the lowest payments and end-of-lease options, this may be an option to consider.

Benefits of a Fair Market Value (FMV) Lease:

• Lower monthly payments
• Additional tax benefits*

Master Lease (like a line of credit)

A Master Lease is similar to a line a credit. Once you are approved, you can draw on a Master Lease, like credit, and lease business equipment without reapplying for credit each time. This is a good option when you expect to have equipment needs at various intervals for 3 months or more (up to a year in most cases).

Benefits of a Master Lease:

• Add equipment under the same lease: A Master Lease allows you to add equipment to the same lease line as equipment becomes needed or available without reapplying for credit each time***.
• Pre-Qualify: Once approved, use your Master Lease to ensure your financing is in place before you begin shopping equipment types and price with your equipment vendor.

TRAC Lease (Terminal Rental Adjustment Clause)

The TRAC Lease is for when acquiring commercial vehicles such as autos, trucks, vans, tractors, and trailers. This type of lease offers lower payments, set end value, and the option to purchase the vehicle when the term of the lease ends.

Benefits of a TRAC lease:

• Save Money: Monthly payments are generally lower than a lease purchase or a term loan and usually are tax-deductible*.
• Agreed set lease end value: Right from the start of the lease, you'll be given the set lease end value of the vehicle(s) at end of the lease term - the TRAC residual value. When the lease expires, you can purchase the vehicle sell it to another party or take it to the dealer of your choice and trade it in.
• No mileage charges: The TRAC residual value is generally set low enough so that mileage charges and restrictions as well as alterations to the vehicle or reasonable damage may not always be a concern.

Note: All applications are subject to approval. Not all customers will qualify or be approved. D&B report, personal credit and time in business are closely examined. In some cases, financial information and support documentation may be required. * Ask your tax advisor for information. ** Not all equipment or terms are eligible for the 10% -25% lease end residual. Lease end residual is mandatory, not optional. Purchase Upon Termination, p.u.t. *** Depending on program availability, credit review and financial strength. Can be subject to review after 90 days. Minimum amounts may apply.