Chicago Sales Office

Chicago – One Magnificent Mile
980 North Michigan Avenue
Suite 1400 
Chicago, IL 60611
312-924-1887

Office Hours 8:00 – 5:00

Visitors by appointment only

Chicago Office Location of Equipment Leases Inc.

We can work with several programs to help you get the equipment you need for your business.

Chicago Sales Office is a resource for our Equipment Leasing brokers in Cook County and the entire Chicago metro to 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. Located on the banks of Lake Michigan, is full of
businesses and industries. Companies we love to provide equipment capital for. If you
need equipment but do not want to drain your cash reserves, call us, 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 of the deep dish pizza, the Chicago Bears, Chicago Blackhawks, and
the Cubs. It is also home to many museums and art centers, and is home to 66 Fortune
1000 companies.

Chicago Equipment leasing has it all. And we proudly look forward to assisting
businesses small and large with leasing and financing equipment.

Chicago
Chicago

Types of equipment we lease

There are many types of equipment and businesses that we love to help with leasing equipment. Some of those include:
Chicago
Why lease with Equipment Leases

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..

What we do

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 – on 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 lowers 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 that has 100% paid for equipment and wants to use it to get cash for their business now. We appraise the equipment and then write a check to the company for up to $50-million and lease the equipment back to that company, allowing them to have the cash needed and still have the equipment to use.

Asset-backed inventory loans –can be expensive for companies to order products and pay for that product, then wait until it 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 ordering of the equipment, then the client pays it back as the equipment is sold to their clients.

Poor credit leasing – for the company that has been credit challenged yet still needs equipment. We have some collateral-based programs, so decisions are made more on the quality of the equipment rather than their creditworthiness.

Chapter 11 – a company that has filed a chapter 11 bankruptcy and given approval by their trustee is a good business for us to finance and loan.

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 that bring their projects to us to look at and fund.

Get Business Funding For Your Used or New Equipment Today

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