| Whether buying 1 or 10 PowerQuick Ascender kits, Equipment Leasing and Financing offers distinct advantages. NO Down Payments If a small company wants to borrow money from a bank, a down payment is required and can range from 10 to 20%. With and equipment lease, there is no down payment and typically one or two payments are collected up front. This ranges from 2-6% of the equipment cost. Lower Monthly Payments Equipment leasing, in most instances, provides lower payments than with a bank loan. Five Point Capital tailors your payments to your leasing and financing needs and can be adjusted by lengthening or shortening the term of the lease. Up-Front Costs When acquiring equipment other incidental costs such as sales tax and installation charges can be put into the lease financing. If the equipment is purchased with cash these costs need to be paid up front and can be significant. Unless purchased in Nevada no sales taxes apply. Improved Cash Forecasting The term and payment of the equipment lease are fixed once the lease is done. You know exactly what your payment will be every month and can better forecast your cash flow. Fully tax deductible By choosing equipment leasing you can fully deduct equipment lease payments and realize tax benefits. By writing off payments and lowering taxes you increase cash flow and increase operational flexibility. Paying fewer taxes means more money to reinvest in your business. Timing Equipment Leasing and financing offer less red tape than with bank financing. You can also complete the process quicker which is important if you need your equipment by a specific date. Five Point Capital offers, free of charge, a lease manager who will coordinate the details with your equipment vendor to make sure your lease is completed in the timeframe needed. For more information contact Keven Jones or jbacich@fivepointcapital.com Visit Five Point at  | Lease/Payments Options To meet your company’s financing and leasing needs, Five Point Capital will work with you to create a payment plan that best fits your operational requirements. Working through the term and payment options will help create the best equipment lease for your company. Fair Market Value Lease: A fair market value lease is a traditional lease agreement that provides you with three options when the term of your equipment lease ends; You can purchase your leased equipment at fair market value, renew the equipment lease or return the equipment – an excellent option for customers expecting a decrease in the value of their leased equipment. - Apply with no need to submit financials.
- Payment term options – 2, 3, 4 or 5 years.
- 100% of the equipment cost can be financed.
- Your personal credit will not be tied up in applying for this lease.
- You can include sales tax, delivery costs, installation and training into the lease.
- Your dedicated Lease Manager will ensure your transaction is handled professionally.
- Lowest Payment Guaranteed.
- Tax Advantages (Consult your tax advisor for lease advantages)
With regular maintenance, the PowerQuick Ascender life cycle is projected at 5 years for heavy users and 10 years for average users. If at any time you wish to upgrade to a newer version PowerQuick will provide a trade in value depending on the mileage on your current unit. Dollar Buy Out Lease: With this equipment lease financing option, at the end of your lease term, you “buy” your equipment for just a $1. This is an attractive option for companies who know their equipment will not lose value and are looking to keep their equipment at the end of the lease. - Apply with no need to submit financials.
- Payment term options – 2, 3, 4 or 5 years.
- 100% of the equipment cost can be financed.
- Your personal credit will not be tied up in applying for this lease.
- You can include sales tax, delivery costs, installation and training into the lease.
- Your dedicated Lease Manager will ensure your transaction is handled professionally.
- Lowest Payment Guaranteed
- No tax Advantages
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