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Database last updated:
Fri, 09 May, 2008
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Financing
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Advantages to Financing...
- Bounce Around Financial provides leases with a minimal out of pocket expense. We
require only one or two months payments down, not the normal 20% or 30% down
required by most banks
- Avoid the hassle of bank loans. Our “Application Only” programs are simple and
quick. It takes only five minutes complete and is approved in 24 to 48 hours. We
can go up to $75,000 before requiring financials
- Your payments will never increase through the term no matter what happens to the
prime rate
- We design our payment programs to match the cash flows of your business. We will
except payments monthly, quarterly, semi-annually, or annually. If your business
is seasonal, you can take up to three months each year with zero payments. We
provide delay payment programs so you can get the equipment in and generating
income before you begin making payments. The delays are great also for back
ordered equipment, delays in production or to purchase equipment that isn’t
really needed for a few months
- The true lease has accounting benefits. This is sometimes called “off balance
financing” because you do not book a liability on your balance sheet. This
prevents you from being too “highly leveraged”. It also simplifies your
accounting because you simply expense every payment made
- The true lease also has tax benefits. Because you can expense the entire
payment, including sales tax, you will “accelerate” your depreciation and pay
less tax. You can also avoid cumbersome depreciation schedules
- A lease will also preserve your established lines of credit. Use your bank
lines for operations, expansions, inventory purchases, emergencies etc. The
lease lines are perfect for purchasing profit making equipment
- Leasing improves your cash flow. Make your payments from your monthly income,
not from your working capital or savings
WHAT BETTER WAY TO ADD A PROFIT CENTER TO YOUR BUSINESS THAN WITH LEASE TO
OWN FINANCING. If you have a need for equipment we can add it to your fleet
without disrupting your current business. We don’t drain your cash, we don’t tie
up your assets, and the profits from the equipment make the payments!
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