Equipment LeaseCo Inc offers financing for all industry and equipment types including hard to finance industries like cannabis and even for start-up and established companies across the United States.
Transaction Size: Minimum transaction size is $5000 up to $100M.
Rates/Terms: Rate and terms will vary according to credit, time in business, industry type and type of equipment being financed. We have rates as low as 4.99 and as high as 35% with terms being from 1 year to 10 years.
Transaction Structure: We offer Rent to Own, EFA Leases, Asset Based Loans, $1 Buy-Out, FMV and Walk Away transactions.
Credit Quality: Through our vast partnerships, we can offer equipment funding to as low as a 450 credit score. The better the score, the better the rate and terms you will receive.
Turn Around Time: The majority of our programs have a 24-48 hour turn around time from start to funding. Larger transactions and equipment refinance transactions require additional processing time.
Sales Lease Back– Our sales leaseback program allows us to purchase your equipment, then lease it back to you. Typically, sales leasebacks are up to 80% of the forced liquidation value of your equipment. Not all equipment qualifies.
Credit Packages: Our typical credit package consists of a lease application, a personal financial statement, the quote or invoice for equipment being purchased, a list of existing collateral/equipment and depending on credit quality, we may require 3 mo bank statements. For deals in excess of $100,000, we may require additional corporate financials, such as personal and business tax returns.
2078 Fairburn Rd; Suite 8
Douglasville, GA 30135