980 North Michigan Avenue
Suite 1400
Chicago, IL 60611
312-924-1887
Office Hours 8:00 – 5:00
Visitors by appointment only
Chicago Sales Office is a resource for our Equipment Leasing brokers in Cook County and the entire Chicago metro area, where they can meet with their clients in a class A office facility. Equipment Leases is proud to serve you with equipment leasing for your business and industry needs.
The third-largest city in the US, it is located on the banks of Lake Michigan and is full of businesses and industries. Call us at (801) 461-3304 if you need equipment but do not want to drain your cash reserves. We lease and finance many types of equipment.
With Chicago’s cold and snowy winters, you might need to lease snow removal equipment. We can help you rent that equipment so you have the capital to grow your business.
Chicago is home to deep-dish pizza, the Chicago Bears, the Chicago Blackhawks, and the Cubs. It is also home to many museums, art centers, and 66 Fortune 1000 firms.
As one of Chicago’s leading equipment leasing companies, Equipment Leases has it all. We proudly look forward to assisting small and large businesses with leasing and financing equipment.
Equipment Leases is the name you can trust. Leasing your equipment provides you with a few benefits, including more working capital for expansion or funding day-to-day needs. Leasing is an expense and can be deducted from your tax liability, so it does not change your credit score. Leasing allows you to upgrade your equipment when the next innovation or upgrade comes out without having to sell your equipment first.
If you do not see your industry or business here, please do not hesitate to call us. We are always looking for new investments in Chicago equipment leasing..
Equipment leasing: we do by application only from $100,000 to $250,000; all you need as a client is a signed 1-page application, a personal FICO score above 680, and then a few current bank statements, and we can get you funded.
We say yes to equipment leasing from $250,000 to $50 million, including equipment for solar, wind, food processing, and more.
Insurance Companies’ non-admitted assets: There can be a constant strain on your surplus. Claims of all kinds can erode excess reserves and lower your Risk-Based Capital Ratio. A solution for a boost in surplus could help stabilize an agency rating from AM Best, Fitch, or Moody’s.
Equipment sale-leaseback: This program is designed for a business with 100% paid-for equipment that wants to use it to raise cash. We appraise the equipment and then write a check for up to $50 million. We then lease the equipment back to the establishment, allowing them to have the cash needed and the equipment to use.
Asset-backed inventory loans: It can be expensive for corporations to order and pay for products, then wait until the product arrives and is sold through their system before they can get their money back. We set up an extensive line of credit up to $50m and then pay for the equipment’s ordering. The client pays it back as the equipment is sold to their clients.
Poor credit leasing is for a companies that has been credit-challenged yet still needs equipment. We have some collateral-based programs, so decisions are made more based on the quality of the equipment rather than its creditworthiness.
Chapter 11: A company that has filed for bankruptcy and been approved by its trustee is a good business for us to finance and loan to.
Freight invoice factoring: specifically for truckers to drop off a load, submit the invoice to us, and we will wire money immediately into their account, so they don’t have to wait 2 or 3 weeks or longer to get paid.
Brokers: We work with independent brokers who bring their projects to us to look at and fund.
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