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If you are in business and own equipment, then why not use it as
collateral to get quick capital for any type of business interest
or need?
In
setting up financing on equipment that is presently owned, you may
be able to re-lease the equipment and save tremendously in the process.
In financing the equipment over again, you'll benefit by having
a lease in place whereby depreciation and monetary write-offs may
be possible as a deductible expense. You take the cash and we''ll
give you an equipment lease. It's a perfect scenario for the astute
business owner, or company needing working capital.
In order to do a Sale Leaseback, we'll have to know how to value the equipment. This is done simply by providing us with a paid invoice or cancelled check. If neither are available, then we'll accept a certified appraisal or other means to determine the real value of the equipment. If the equipment has been purchased within 1 year, we'll likely loan up to 75% of the original equipment value. Since Sale Leaseback deals involve UCC title search and other documentation, there is a mandatory submission fee of $595. If the deal is approved, TRICON will give you full credit back once the documents are ready to be signed. If the transaction is declined, TRICON will remit $170 back, maintaining the difference to cover just a part of our expenses in processing.
Click Here for Sales Leaseback Application
If you have any questions, e-mail us at
sales@triconleasing.com.
Click Here to Continue.
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