Let's Work Together
Equipment Financing
Let's Work Together
Quick & Easy
What We Can Do
We’re committed to not only providing quality products and services, but going above and beyond to ensure our customers are completely satisfied. We’re committed to not only providing quality products and services, but going above and beyond to ensure our customers are completely satisfied.
However, we are flexible to unforeseen needs so we can adjust payments by lengthening or shortening the term of your lease. Significant sales tax and installation charges may also be added into the lease financing, but in most cases, the full amount of each lease payment is deductible for tax purposes*; and choosing a residual-based or fair market value lease transfers some of the risk of holding onto obsolete equipment. An equipment lease through Source Merchant Solutions can be much more advantageous than other types of financing or bank loans. Consider the types of leases that might be right for your business:
Fair market value leases are traditional lease agreements with lower monthly payments than a buyout. You have three options when the term of your equipment lease ends:
With this equipment lease financing option, at the end of your lease term, you “buy” your equipment for just a $1. This is an attractive option for companies who know their equipment will not lose value and are looking to keep their equipment at the end of the lease.
Source Merchant Solutions offers commercial leasing for large equipment purchases over $100,000. Many banks will include equipment leases on your business available credit and reduce your credit line limits accordingly. By doing business with Source Merchant Solutions, your equipment leases won’t affect your available bank credit.
Our program specializes in business equipment financing essential to owners that have had been declined due to credit or financial difficulties, nature of their business, or type of equipment.
* Consult your tax adviser to make sure the type of equipment lease you are entering into allows for a tax benefit.
Quick & Easy
One of our loan consultants will engage with you directly on a quick call to discuss the best options for your business and plan a route forward. He or she will walk you through the pros and cons of all the different products and make sure you also understand the nuances.
Due to our quality underwriting and our wide range of relationships, we can process and approve files in as little as 24 hours.
Our goal is to provide your business with access to the best capital for your situation. Sometimes its about speed, sometimes its about cost. In either scenario, we hope to build a long term relationship with your business to continue funding your growth and operations.
