Equipment Financing

Equipment Financing

Why Lease Equipment?

LRD Capital offers lease financing for your business equipment. Here are some of the advantages of lease financing:

  • Loan amounts $75.000 to $25.000.000 or more
  • Increased cash flow for your business
  • Free up cash for other uses
  • No need to tap the credit lines you have now
  • Monthly payments are low
  • Plan ahead with fixed payments
  • No obsolescence of equipment
  • Take advantage of tax benefits

Which Program Is Right for You?

Here are some of the equipment leasing and financing programs we offer. Our specialists can help you to determine which program will work best for you.

  • Sale and Lease Back Programs: We buy the equipment you need and lease it back to you while you are making payments on it. Once the equipment is paid off, you will own the equipment outright.
  • Government and Municipal Leasing: Our special programs for government and municipal organizations allows for guaranteed approval of lease financing. Types of agencies we work with include public schools, police departments, libraries, armed services, federal government agencies, state agencies and fire departments.
  • Startup Programs: Designed for new businesses or businesses that are less than two years old, these programs can finance all the equipment necessary for you to grow and succeed in your industry.
  • B, C and D Credit Programs: These programs help companies with lower credit ratings to get approved for financing. This is ideal if your company has suffered financial hardships or if your personal credit rating is lower than you would like.

Equipment Financing Details

LRD Capital offers equipment financing and leasing under the following conditions:

  • Any type of equipment is eligible
  • No financial statements needed for small loans of up to $250,000
  • Small or no down payments
  • Flexible financing and payments
  • Middle market financing of up to $500,000
  • Over $500,000 financing for large ticket equipment
  • Approvals usually in 24 hours, 3-5 day approval for larger amounts
  • Terms of up to 84 months and low interest rates

Call us at LRD Capital today to speak with a specialist and find out what we can do to provide financing for all of your equipment needs.

Needed For Quote:

“Company Story/Background”

Company Financials/FITR

Projections/Forecast

Equipment Detail

Debt Schedule

PFS – Guarantor(s)

 

Transactions Y/N

Capital / Finance Lease Y

Equipment Revolver / Equipment Based LOC Y

Refinance Y

Sales Leaseback Y

Term Loan / Equipment Loan Y

TRAC or Split TRAC Lease N

3rd Party Used Equipment Y

 

Program Information

Credit: C-D & Story

Sale Leaseback: Y (500K+)

App Only Amt.: $75-$250K

Minimum: $75K

Maximum: $25MM

 

Equipment Y/N

Agricultural: Y

Construction Heavy: Y

Construction Light: Y

Restaurant: Y

Air / Marine: Y

Trucking: Y

Solar: Y

Lawn Equipment: Y

Computer: Y

Software: Y

O/O – First 2 Trucks: N

Med Equip: Y

Manufacturing Equip/Tools: Y

Robotics & Automation: Y