Finance Options
As most business owners will come to know,
obtaining a small business loan can be a trying ordeal. The
way of doing business has changed when it comes to banking,
to be able to get the best interest rates available we must
not overlook an important source - the bank. Relationship
banking has been the cornerstone of small business banking.
A good relationship between the business owners and bankers
allows for the free exchange of knowledge and the ability to
meet the needs of business. A banker informed of your
business can not only provide you with a small business loan
but also offer practical advice on financial matters. We
encourage you to explore your banker as a source to obtain
financing for your purchase of park models. We can provide
alternatives when necessary we just have to keep in mind
that in today's environment the amount of paperwork,
required financial statements and interest rates are not
what they use to be.
STANDARD LEASE PLAN
The basic lease to own. Twelve payments per year. Either
$1.00 or 10% of the purchase price residuals. Choose your
purchase option depending on your tax and accounting needs.
New or used equipment OK. See more about the
Advantages Of Leasing.
SEASONAL PAYMENT PLAN
This plan allows the lessee to take up to three months per
year with no payments. If your cash flow is seasonal, this
is a perfect plan!
10% DOWN PLAN
Put 10% down if you have the cash available. This will lower
the monthly payment and it may be used to pay the purchase
option at the end of the lease - or can be returned to you.
You can still enjoy the benefits of the true tax lease with
no “residual” payment at the end of the lease.
90 DAY DEFERRED PAYMENT PLAN
Begin the lease with one month’s payment and then take 90
days off. Use these 90 days to get the equipment and
generate a profit . . . then begin making payments.
7 X’s 100 PLAN
The lease begins with $100 down, followed by $100 per month
for the next six months. This allows the lessee six month to
get the equipment in and generate a profit before beginning
to make payments. It is also great for back ordered
equipment . . . Delays in production or to purchase
equipment that isn’t really needed for a few months.
STEP-UP OR STEP-DOWN
This plan is excellent to work around a specific job that
may require the lessee to purchase special equipment.
Example: Lessee has a job that will last nine months and he
needs some equipment to complete the job. Lessee knows he
will have a great cash flow at the beginning. He may wish to
make larger payments for the first year, then reduce them
thereafter. Or, Lessee may want low payments at the
beginning then increase payment amounts the following year.
MUNICIPAL LEASING PLAN
Our Financial Institute can also provide non-appropriated
leases for any city, county, or state government. These are
special leases with special pricing. Please call for
additional information.
DISCOUNT PLANS
ZERO PERCENT leases available. Call for information.
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