Leasing is an affordable way to acquire additional equipment for your business. With a low initial investment, and flexible end of term options, a TriStar Capital lease is an easy way to finance your ongoing equipment needs.
Tax Lease
TriStar's Tax Lease (also known as a True Lease) is our most popular lease, especially with our customers that know their equipment will be obsolete in a few years. Often referred to as
a Fair Market Value lease, this structure allows most customers to deduct 100% of the payment as an operating expense. Customers are not obligated to purchase their equipment at the end of the lease term, but do have the option to either upgrade, extend their lease, purchase the equipment, or return it all together.
Finance Lease
This option is for our customers that know that they will want to take ownership of the equipment at the end of the lease. Usually, this type of lease works well for our customers whose equipment won't be obsolete in a few years and is not technologically sensitive. The buyout option is usually $1 (or $101, depending on the laws in your state). Another option with our Finance Lease is a 10% buyout - this provides the flexibility of our Tax Lease, but at the same time provides the customer with a cap on the buyout option.
Young Business Program
TriStar Capital's Young Business Program provides financing solutions for our customers with less than two years in business. Customers with less than one year in business can acquire financing for up to $25,000 for a term of 36 months. With over one year time in business, customers are eligible for up to $150,000 and a longer lease term.
Master Lease
Are you planning on adding equipment throughout the year, but just not at the same time? TriStar Capital's Master Lease can let you do just that. With lines of credit available, from $10,000 to over a million, we can help you finance multiple purchases, all covered under one lease and one payment. |