Need a new piece of equipment for your business but don’t have the cash on hand to pay for it? Equipment leasing with Exponential is the solution. We can help you get any type of equipment that is essential for your business from machinery to software to vehicles, for a low monthly lease payment that you can afford. You can even choose from several different term lengths.
When a business chooses to finance or lease, the cost of the equipment is spread over a multiple-year term keeping more working capital liquid to fund investments such as additional payroll or facility expansion. The business has the (profit-generating) equipment when it is needed, rather than waiting until cash is on hand.
The flexibility of equipment leasing is a key benefit that can enable customized solutions for a business’s accounting, tax or cash flow needs. The tax benefits of equipment leasing can be extremely important to a business’ cash flow. Depending on the type of lease you choose, you may create tax advantages for your company.
Types of leases we offer:
- Application only up to $100,000
- Full financial disclosure up to $500,000
What are the requirements?
- Typically must be in business for at least 2 years
- Typically credit score must be a minimum of 620
Common Industries Funded
|Medical and Dental||Computers and Office||Hotel / Motel|
|Tow Trucks||Auto Repair||Construction|
|Machine Tools||Waste Management||Restaurant|