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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 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. |
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.