Heavy equipment sale leaseback by leasing your heavy equipment (backhoe, forklift, any yellow iron etc;) you can reduce upfront expenses, make low monthly payments, budget more effectively and avoid product obsolescence. But how can you take advantage of the benefits of leasing if you've already purchased your equipment?
The answer is Sale Leaseback. A Sale Leaseback lets you turn your fixed assets into liquid assets, making cash available for other investments or upgrades. You can use the money for:
- Paying taxes
- Business expansion
- Medical expenses
- Investing in other projects
- It is your liquid assets and you can use it for whatever you might need the cash for.
With Sale Leaseback, you actually sell your equipment -- and transfer your title of ownership -- for the fair market value of the assets. Then you lease the equipment back at regular, low monthly payments over a flexible payment period. At the end of the lease term, you simply pay $1.00 and you own the equipment all over again. Carpenter & Associates, Inc. will even manage the disposal of your assets if you choose to replace it with new equipment.
Just submit your application online and fill out the equipment list form and fax it to us at 480-219-3714 and one of our friendly staff members will give you a call and answer any questions you might have. Submit your application just fill out and list your equipment.
Here are the benefits of a Sale leaseback:
Benefits
- Lets you keep using heavy equipment resources you've already purchased
- Provides cash or credit that can be used for upgrades and other acquisitions, applied to your monthly payments or used as you see fit
- Eliminates the risk of equipment obsolescence and disposal
- Ensures fair market value for assets, and competitive rates for the financed portion
If you are ready to cash out some of the equity in your equipment go fill out an application now for the Heavy equipment sale leaseback
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