Leasing is an alternative method of purchasing capital equipment. It requires a customer (Lessee) to make specific payments over a mutually agreeable fixed period of time (typically one to five years). Title for the equipment rests with the leasing company (Lessor) for the term of the lease. At the end of the term the Lessee may exercise a purchase option provision and the title to the equipment is passed at that time.

As an alternative source of financing, leasing has become so widely accepted that it is now the method used for more than 20% of all capital equipment sold in the United States (approximately $20 billion annually) and an estimated 80% of all businesses lease some of their equipment.

Remember, YOUR BUSINESS earns money from the USE of its equipment, NOT the OWNERSHIP of the equipment!

Equipment can be almost anything; machine tools, material handling equipment, computer systems, construction equipment, “yellow iron”, freight trucks and fork lifts. Even building components such as: walk-in coolers, alarm systems, loading dock ramps, A/C units, power substations, store front, tenant improvement and FFE.

So, if you’re a Financial Planner who needs a gee-whiz laptop to make presentations in your client’s home or Quarry Operator who needs a multi-size rock crusher or anything in between, Ask Archway.

As a VENDOR, if you sell equipment used for commercial purposes and your customers like to finance it, YOUR BUSINESS can Ask Archway to function as your credit department. We will provide credit applications with YOUR BUSINESS name on it.
 

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