Small business owners and even municipal departments understand that loans are not always the right option for short-term working capital. Many businesses and other organizations are turning to sale leaseback financing in Montclair, NJ as a solution for working capital without assuming extra debt.

What Is Sale Leaseback Financing In Montclair, NJ?

Sale leaseback financing in Montclair, NJ is a means of leveraging owned equipment for short-term working capital. Businesses and organizations “sell” their equipment in exchange for working capital, while still retaining usage of those items to complete jobs for customers and the community at large. The equipment is then leased back at an affordable cost as a method of repayment on the advance in capital.

How Is Leaseback Financing In Montclair, NJ Determined?

The amount of capital offered through leaseback financing in Montclair, NJ is based on a number of factors. First, analysts go over the age of the equipment being leveraged. Newer equipment with, of course, get a higher value than older or outdated equipment. Second, the specialization of the equipment is taken into account. A very specialized piece of medical equipment or aircraft will increase the amount of capital received, over general machinery. Third, aspects such as mileage, maintenance, and similar factors are figured into the equation.

Repayment On Sale Leaseback Financing In Montclair, NJ

When considering leaseback financing in Montclair, NJ repayment is primarily determined by credit ratings. However, this is not the sole determining factor. Overall profitability and receivables are also taken into accounts when structuring payments.

Tax Advantages For Leaseback Financing In Montclair, NJ

Sale leaseback financing programs have major tax benefits attached. Through sale leaseback financing in Montclair, NJ all equipment is considered “leased” after the initial transaction. For businesses and organization, this means that all payments made up to a total of $500,000 are completely tax deductible. In many cases, business owner not only generate big savings on their taxes through leaseback financing in Montclair, NJ, but some actually receive refunds, after all is said and done.

Get The Best Sale Leaseback Financing In Montclair, NJ

At the Capital Lenders, we realize that traditional loans are not always the best option for short term capital. Instead of compromising credit ratings or assuming unnecessary debt, we offer the best sale leaseback financing in Montclair, NJ. Our team will look at your equipment to get you the highest value at the best rates possible. Contact our offices today to learn more.