Equipment financing for Franchise operatorsJanuary 29, 2018
The Reality of Equipment As SecurityApril 15, 2018
What Types of Equipment Finance Are There?
YHEF can accommodate a number of financing and leasing agreements to suit equipment financing needs and concerns. Our financing solutions are geared towards helping your business meet its financial and operational goals.
STEP-UP and STEP-DOWN
For businesses that easily anticipate low and high cash flow cycles within their business. This includes seasonal businesses, market market changes based on emerging financial trends. Step-up and Step-down equipment financing solutions allow you to customize payment schedules by accelerating payments during busier times, and reducing lease payment amounts when business is slow.
QUARTERLY EQUIPMENT LEASE
Deals that are set up in quarterly installments are a striking possibility for businesses that function well by planning through business cycles, in contrast to a monthly payment schedules. Similarly, there are also semi-annual, annual and seasonal leases that may provide the same benefits as quarterly financing agreements – in that business cycles can help businesses project their thinking forward.
RE-FINANCING & SALE LEASEBACK
Re-financing allows your business to take out a new loan to satisfy an existing borrowing agreement using assets as collateral to secure new financing opportunities. Your may be able to renegotiate the terms of the previous loan in terms to reduce monthly payments, lower interest rates – depending on the current market conditions, or alter your current borrowing timeframe.
In addition to accessing better advertised interest rates, you can may opt to apply for refinancing when your own business credit improves. Refinancing can be useful when negotiating better terms as your credit health improves, and as your payments consistently come in on time.
For many, refinancing means added peace of mind for your business, and reducing unnecessary financial stress.
Sale leaseback agreements allow you to make use of the value of pre-existing equipment. Your business already has assets in the equipment it owns – and a sale leaseback finance agreement may allow you to sell equipment back to a lender for fair market value.
This is a useful leasing agreement for businesses looking to free capital for other goals, and you are often able to keep the equipment on site by leasing it back from the lender. Key features of these sale lease-back deals include flexibility in lease terms, reduced financial burden, and makes additional capital available.
Talk to us today about your financial goals and needs – and see how Yellowhead Equipment Finance can support your business direction!