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SALE & LEASEBACK OF EQUIPMENT

Don't let pricey assets hold you down.

Sell a company asset, usually in the form of equipment and gain ample working capital funds for any business expense in return!

What is a Sale & Leaseback of Equipment?
A financial solution in which a business has ownership of a piece of equipment, sells it to a financial institution (such as ILS), in order to lease it back from ILS for a specific period of time.

The purpose of a Sale and Leaseback is to enable businesses to raise money by off-loading equipment assets at fair market value to a buyer who will take over the investment on the piece of equipment.

A new lease agreement is created where the business leases the equipment from the buyer for a particular time perioud.  At the end of the lease agreement, options to renew the lease or buy backthe equipment is available

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Benefits of a Leaseback
  • Boost cash flow & set aside capital for other business expenses

  • Tax benefits

  • All types of commercial equipment is eligible

  • Equipment costing up to $500K qualifies

The Financing Process
1.  Apply Online

2.  Provide Bank Statements

3.  Finalize Documents

4.  Receive Financing
Don't wait a moment longer to give your business a boost!