A lease is a more flexible way of obtaining equipment to use in your business. Leases have many benefits like paying fewer taxes. Leases can also be set up in a variety of ways to help you manage your cash flow and expenses.
For Example:$10 Payout – at the end of the life of your lease, you pay $10 and it’s yours!
Fixed payout Whether the residual is 10% or 20% at the end of your lease term, the amount is known up front and is fixed. At the end of the lease, you can pay this fixed amount, refinance it, or in some cases, return the equipment.
At Prime Trcuk Sales we can offer Secured Loans and Unsecured Loans. For a secured loan, you will need an asset as collateral (Equipment Refinancing). Unsecured loans don’t require an asset for collateral but will require your credit history and cash flow details to qualify for the loan.