Leasing Programs

We Specialize in Several Types of Equipment and Machinery Leasing Programs

We offer the following types of equipment and machinery leasing options in order to meet the needs of all our clients. Please contact us to find out how we can structure a leasing program for your individual needs.

Operating / Tax Leases

This program is designed for the customer that wishes to expense the total payment monthly. This is commonly known as “off-balance sheet” financing. Terms range from 36-84 months with fixed rates well below the prime rate. Per IRS rules, the purchase option must be at fair market value at the completion of the term, or you may return the equipment and machinery with no further obligation.

Capital / Finance Leases

This program is designed for a company that would like to retain the tax benefits (depreciation) associated with the purchase of capital equipment. Terms range from 24-84 months and we currently offer a fixed rate based on treasury bills. A fixed purchase option from $1 up to 20% of the original equipment cost is available.

Sale / Leaseback Leases

Sale and Leaseback equipment and machinery leases allow a company to unlock valuable cash/working capital from equity it may currently have in a piece of equipment. Tech Financial Services would purchase the equipment and lease the machine back to the original owner, who continues to use the equipment and pay a monthly lease payment. A Sale/Leaseback offers tax advantages to fully depreciated assets. Lease payments can be expensed and this transaction may be kept off of your balance sheet.

Loans / Conditional Sales Contracts

Companies are offered finance contracts to give them the ability to own equipment and machinery without using their working capital to do so. Our Conditional Sales Contract can provide a fixed interest rate or a floating rate based on either treasury bills or the prime rate. Terms vary from 12-84 months, depending on your needs.

The rental program is designed for the customer who wants to use the equipment and machinery with the option to return it. Terms range from 12-36 months.