We offer lease financing for equipment that our customers have chosen from commercial suppliers or private sellers. Our contracts are structured with fixed terms and payments which suit cash flow and budgeting circumstances. The lease payments also reflect the useful life of the asset and, as required, seasonal revenue fluctuations. Established businesses may qualify for financing with no down payment, unlike requirements from banks and other conventional sources.
Under this format, we would purchase your recently acquired or other lien free equipment and lease it back to you. This product frees up cash to support normal business activity and growth.
Loan financing may be attractive for certain asset classes or for business assets with inherently higher liability risk. It is available for the most credit worthy customers.
This is a pre-approved line of credit which allows the customer to act on equipment additions immediately. It is a useful tool for business planning and for allowing quick response in auction and private sale situations.
We have extensive knowledge in the equipment and vehicle auction sector, with coast to coast connections in the auction industry. By using eLease, customers are able to acquire the auction assets they need on short notice. We work with the Auction Houses to ensure timely delivery of the purchased equipment. Approvals are flexible and may be transferred to other purchases should auction bids be unsuccessful.