Sale Lease-Back purchases enable you to sell owned equipment to the bank for a lump sum payment and then lease the equipment back. The equipment must be owned free and clear of any liens. Restrictions may apply for used equipment. Deferred Payment Deferred payment programs enable you to defer or reduce some early payments to quickly get your new equipment working to your benefit. Step Payments and Skip Payments Step payment programs offer a reduced payment early in the lease.
Payments then increase as the lease progresses.
Skip payment programs allow you to defer payments for seasonal businesses during traditionally slow months. Receivables Financing Receivables financing provides capital for companies with outstanding receivables but little cash. For new companies this could be a valuable short-term solution.