Yes, you heard me right; at Equipment Leases Inc., we can help any business get through a downturn or tight cash flow situation and do it fast. The reasons that any company might experience a cash-flow problem are varied and diverse. Still, we should talk if you’re on the administration end of a cash crunch and don’t want to take a traditional loan or use your line of credit.

The Sale-Leaseback financing program is simple and applies to almost any company. We buy your equipment and then lease it back to you for 2, 3, or 4 years. You keep the equipment and use it as you have every day, and at the end of the term, you have a clear title once again.

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Samples of where a sale-leaseback financing may be perfect

Manufacturing

A medium-sized manufacturer of a famous child’s toy in the Midwest receives a massive order from a long-term client for twice their average capacity. Rather than turn the order down, the savvy owner does a sale-leaseback on $500,000 of his CNC machines and other manufacturing equipment and uses the proceeds to add more personnel for a third shift. The company fulfills the order and is now able to expand and take on more clients.

Food Packaging

A small packager of poultry products on the East Coast hears that a competitor has experienced a downturn and is offering his business for sale. Recognizing an opportunity to capture market share and bring on new customers, all of their production equipment was too good to pass up, but how could he pay for it? Solution: do a sale-leaseback on $1,000,000 worth of closing machines, capping machines, a giant vacuum packaging machine, and other food packaging equipment. The transaction closed, and they have doubled in size with a bright future ahead.

Our sale-leaseback financing can cover small transactions of $100,000 up to $ 50 million in deals with large amounts of equipment involved. Regardless of the size of the transaction or the reason a business needs a cash infusion, all are treated the same way, with a professional courtesy uncommon in the finance world.

Applying for a sale-leaseback of your existing equipment is simple; we are very transparent about what we need from you to move your deal to approval and funding quickly. Here is a short list of what you would want to have ready:

  1. Complete an application with signatures from any owner with over 20% of the company.
  2. Please provide a complete list of the equipment you would like us to consider, including original invoices, recent appraisals, and pictures of the equipment with model and serial numbers.
  3. What is the total dollar amount you would like to get on the equipment
  4. A statement of use of proceeds is always a good idea to get comfortable with why you want the new capital in the business.
  5. Bank statements and possibly a complete set of financials for the larger projects.

Regardless, an Equipment Sale-Leaseback for any business can be the ideal solution to solve a temporary cash-flow problem, fund growth or acquisitions, expand capacity, buy out a partner, or any of 100 varied reasons a company needs capital.

Picture of Steve Hansen
Steve Hansen
Mr. Hansen is the CEO of Equipment Leases and manages all of the day to day operations. He has an extensive network of lenders that are invaluable partners in providing capital to the SMB market. He also has owned a web development agency for more than 30-years. In his career he has built more than 10,000 websites and sold many of his high trafficked sites to other larger agencies.