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Lifts offers equipment leasing through SFL Funding,
the Auto Equipment Leasing Experts. Simply fill out our
lease application completely and fax it to us at
631-588-1010.
Our lease manager will start the application process and call you within two hours to two business days with the results of your lease application.
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Ownership vs.
Lease
Ownership of an asset makes a profit when the asset appreciates like real estate, patent rights, precious metals or collectibles.
But if an item depreciates in value, you should consider leasing.
The question you should ask:
"What is the most effective way for me to gain the use of this asset and pay for that use while realizing a profit from its use?"
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Why Lease?
Leasing is practical. Your equipment never gets obsolete, and you only pay for the portion that you use.
Leasing conserves operating capital. Cash equity can be preserved for growth opportunities, while bank lines remain available.
Leasing requires little down payment, in most cases.
Helps maintain up-to-date equipment.
More advantageous than getting a bank loan.
Simplifies income tax reporting.
Saves precious time and money.
Get off balance sheet financing.
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Difference between
leasing from a bank and leasing from a leasing company.
Conventional financing at the bank places the ownership into the hands of the user. Leasing places the ownership into the hands of the leasing company.
In most cases a bank will not warm up to financing most non-titled equipment. In order to secure the loan most banks will ask you to open a line of credit, or secure the loan with your accounts receivable, and usually with a large down payment.
Generally, you will be able to lease the same equipment with just the first
and last payment
to start it off. From that point on you just pay for what is used!
Click
here to download SFL's lease application |
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ENGINEERED
TO PERFORM - BUILT TO LAST |
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