What is asset based financing?
Asset based financing is the financing of equipment and vehicles by way of a secured loan, conditional sales contract or lease.

Financing solutions to your needs
Because every company’s financial situation is different, we offer customized financing programs to suit your needs. We offer specialized financing programs incorporating seasonal or even "skip" payments. Financing can be structured to meet the cash flow of your business with payments scheduled monthly, quarterly, semi-annually or annually. Flexibility is an attractive option with asset-based financing. Leasing is generally a far more flexible means of using equipment or vehicles than traditional lending.

What is a lease?
A lease is an agreement where the owner conveys to the user the right to use equipment and vehicle in return for a number of specified payments over an agreed period of time. Just about anything can be leased. It is a simple way of acquiring equipment or an alternative to paying cash or taking a loan. Leasing is an increasingly popular choice to add equipment to your business in today’s competitive market.

Capital Lease: Provide the customer with a stated purchase option. Used to finance the use of equipment and vehicle for the major part of its useful life and the lessee could obtain ownership by the end of the lease term.

Operating Lease: Provide the customer with a renewal option or a purchase option. Usually financed equipment for less than its useful life and at the end of the lease term, the lessee can return them to the lessor without further obligation.In both cases, the leasing company purchases the equipment from the dealer and then provides use of that equipment to the lessee under the terms and conditions of the lease.