LEASE vs. CASH PURCHASE vs. BANK LOAN
What method is right for you?
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CAN I ...
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LEASE FINANCING
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CASH PURCHASE
|
BANK LOAN
|
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acquire equipment without
a substantial cash outlay?
|
YES
|
YES
|
NO. Most banks require
a large down payment.
|
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upgrade or add equipment
without difficulty?
|
YES
|
NO
|
NO. Most banks require
reapplication for another loan
|
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match payments to my
current cash flow?
|
YES
|
NO
|
NO
|
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avoid affecting my bank
lines of credit?
|
YES
|
N/A
|
NO. In fact, they will be
affecting it a great deal.
|
|
delay payments until after the
equipment begins to pay off?
|
YES
|
NO
|
NO. Payment required
right away.
|
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get approval for financing
in one day?
|
YES
|
N/A
|
NO. It could take days
or even weeks.
|
|
deduct all or most of the
monthly payments from my
taxable income?
|
YES
|
N/A
|
NO
|
Say YES to leasing! It's economical and flexible, and puts fewer demands on your cash flow.
MARLIN LEASING
CLICK HERE FOR ONLINE LEASE CALCULATOR - Marlin Leasing
What is the procedure for leasing equipment?
1) Select the equipment's total dollar amount you wish to lease.
2) Mile-X Equipment, Inc. gives you two ways to send us a lease application. Complete the Lease Application online, or print out the Lease Application and fax it to our office.
3) You will receive a credit decision within 2 hours for applications under $50,000
Have questions about leasing?
Contact Leasing Account Executive Michael Naioti Toll Free at: (866) 462-7546 ext. 4192
FIRST PACIFIC FUNDING
CLICK HERE FOR ONLINE CREDIT APPLICATION - First Pacific Funding
Have questions about leasing?
Contact Leasing Account Executive Phil Brantley Toll Free at: (866) 921-2733.
DIRECT CAPITAL
CLICK HERE FOR CREDIT APPLICATION - Direct Capital
To apply online, visit http://www.directcapital.com/
Have questions about leasing?
Contact Leasing Account Executive Howard Bloom at (603) 766-9321
LEASE PROCESS (For Businesses & Private Individuals)
CLICK HERE FOR CREDIT APPLICATION -
Lease Process Equipment Leasing & Financing Solutions
Have questions about leasing?
Contact Leasing Account Executive Ryan Gulesian at (800) 942-9830