Debt Help And Credit Repair
Strategies

For Business Owners and Individuals in need of a loan...

Tap Into The Equity Of Your Company Car, Truck, Boat, Plane, Equipment And Personal Vehicle

It's similar to a regular equity loan only this time you're "selling" your used vehicle and equipment to a lender for instant cash and leasing it back from the lender for a small monthly payment that’s tax deductible†.

At the end of the lease term you have the option of purchasing back the item.

Leasing offers a number of advantages to individuals and especially to businesses.

1.	Tax Advantages for businesses Leasing provides — depending on the circumstance — a 100% tax deductible operating expense for businesses. Consult your accountant regarding the nature of deductions for your situation.
2.	Provide funds quickly A mortgage may take 1 to 2 months while leasing assets takes 1 to 2 weeks before you receive your money.
3.	Credit Preservation For Businesses: There are federal regulations that limit how much a financial institution can lend to a given business. Financial institutions also have their own rules that limit how much they can lend to a given company.  That limitation is what’s known as the bank’s “exposure limit”. All businesses have access to limited credit lines at their bank. Operating Lines, Demand Loans, Mortgages and other term facilities must be kept within the bank's total exposure limit for that business. By using a third party leasing company to finance equipment and machinery acquisitions you are effectively opening new credit lines - credit lines which normally require no down payments and no outside collateral - while preserving your existing (and future) bank borrowing ability. For Personal Use: Like businesses, individuals have access to limited credit lines at their bank. By first using the equity in your vehicle, you keep your credit cards and lines of credit available for rainy days.
4.	Flexible Budgeting Lease terms, payment streams and purchase options can be tailored to meet most budgets. Skip leases, Step-Up or Step-Down payment leases are also available to match a business' seasonal or anticipated cash flows. In addition, customers are not at risk of interest rates fluctuations, since most leases are based on fixed rates.

A main drawback of business and personal leases is there are no benefits in paying it off early. Most lessors will tell you to pay the remaining payments including interests. So You don't loose anything by paying off the lease early, but you don't gain anything either.

Qualification Guidelines:

Click here for guidelines on leasing back your personal or commercial vehicles

If this financing method interests you and you're in need of funds, then fill out the form at the top right of this article. We'll have someone contact you within 24 hours.

Sheriff Guirguis
Co-Founder
PayItDownFast.com

 

† The tax benefits on monthly lease payments are available to businesses only. Please consult your accountant for more complete information.