As an engineering firm for more than 25 years, we have a long history with TRICON. When we need financing or a loan for expansion, TRICON has always offered honest terms and very good rates. Great company. I would highly recommend.

H. Jacobs (Engineering Firm)

We worked with TRICON as a direct lender for many years in various markets of oil, gas, co-generation and other commercial lending projects. Deals often would run into $10’s of million. Their expertise and professionalism is rare in today’s market. We highly recommend TRICON.

R. Graves (Energy Industry)

I called several companies and all required home ownership. I was at my wits end. Finally saw an ad and called TRICON. They were able to approve deal for $49,690 in just under 2 hours. Their truck program is unbelievable.

K. Davis(Truck Program)

As a 501C3 non-profit, we came to Tricon for help to understand how leasing and structured business loans work for charities and other non-profits.Through our association with TRICON we have in place a low cost discounting program which we can now refer our clients.

L. Cheek (Non-Profit Firm)

I am a start-up business who came to TRICON to lease a medical laser for skin and dermatology use. Though my credit was less than perfect, TRICON approved deal in 1 hour under their $100,000 app only program.

W. Polo(Medical Laser firm)

Tricon is the first choice for business financing & loans.

You would certainly be using a lot of equipment in carrying out your business operations. However, while you spend money in purchasing equipment, you also have to be careful about maintaining working capital as you will need funds for so many purposes. In such situations, you might want to consider sale leaseback financing. Here you sell the equipment you own to a financer and then lease it back to use it for carrying out operations.

Get the latest equipment to stay ahead of the competition and enjoy good working capital by using sale leaseback financing

A sales leaseback can be very helpful on the financial front. You have money freed up to invest into your business activities. The money obtained from sale of the equipment can be invested in so many ways to bring your business good returns. You can negotiate a comfortable lease payment through which you pay the financer a rental amount for using the equipment, but this does not affect your working capital in any way. You can also save on taxes by showing the sale leaseback rental expense.

Sale and leaseback financing

In today’s competitive business environment, time is of the essence. You have to make decisions fast otherwise surviving amongst the competition is tough. Cut back on your financial problems by opting for a sale leaseback. It is simply not possible to comprise on getting good equipment. You need nothing but the best equipment to carry out activities. However top technologies and latest equipment are always expensive. They can eat away your finances like nothing else. However, by taking up sales and leaseback financing option, you can be out of financial trouble and use the latest equipment to get your business ahead.

Tips Or Finding The Right Sale Leaseback Financer

However, in order to get the complete benefits of a sale leaseback, you need to approach the right financer. The financer must be someone who has been in the industry for a long period and must specialize in providing this form of finance. They should be able to provide finance quickly so that you have the funding as soon as possible to meet your business needs. Furthermore, too much documentation should not be required. If you are unable to provide a canceled cheque or an invoice of the equipment, they should be fine with an appraisal done on it. The lender should have simple process in place for sale lease back so that it is completed as quickly as possible.