Your business needs high-performing equipment, but technology advances quickly, and today’s latest model will soon be outdated.
Many small businesses find that leasing equipment affords them considerable financial benefits while giving them immediate access to the most up-to-date equipment without the risk and commitment of full ownership.
By leasing your equipment, you will enjoy fixed financing rates and lower monthly payments than a typical loan. Businesses also maintain financial flexibility and access to capital by leasing. They are able to conserve cash on hand, and because leases are not bank loans, other lines of credit remain available as well.
At Aladdin Capital, we offer both terminal rental adjustment clause (TRAC) and capital leases. A TRAC lease offers the advantages of leasing while giving borrowers the option to purchase the equipment at the end of the lease term at a pre-determined price. A capital lease, meanwhile, is considered a purchase for accounting purposes, and the borrower owns the equipment when the lease is satisfied. Each lease type offers a wide variety of benefits based on your needs.
Just fill out the simple online form below, and our seasoned experts will walk you through the process and help you find the best fit for your business. We’re here to help.Submit Online Application