You pay only for the use of the asset, not for the ownership. This avoids tying up capital in assets. You receive 100% financing, eliminating the need for a down payment. You can use this cash elsewhere in your company for expansion. You receive longer-term, fixed-payments, and potentially lower payments as the Lessor receives the tax benefits of ownership.
Your existing bank lines of credit, which are limited, are not impacted. Leasing also is a less restrictive form of financing. You can improve ROE, ROI, ROA, and many other financial ratios by utilizing leasing instead of borrowing. You can avoid certain tax limitations. Lease payments are expensed and do not contribute to Alternative Minimum Tax exposure or to Mid-quarter depreciation penalties.
You avoid the risk of owning equipment that is no longer technologically useful or valuable. This risk is assumed by the Lessor.
You can include many services in the lease payment, such as insurance, installation, engineering, maintenance, and taxes. Leasing generally involves less “red tape” and time than conventional financing. Additional equipment can be acquired without renegotiating existing loan covenants. Creative structures also are available to meet your specific needs.
You can acquire needed equipment outside of the capital budget. Lease payments usually are paid out of the operating budget.
As a cost effective, convenient alternative to obtaining capital equipment.
If you choose to quote, use the rate schedule to calculate monthly payments. Quoting monthly payments allows you to overcome total equipment price barriers.
Present the application by itself, during equipment presentations, or with your proposals. Recommend that the customer fill out the application at that time.
Finance company will contact customer and take credit application by fax, email or phone upon your request.
Within 1-2 day of receipt of all credit information, the finance company will approve or decline the customer credit.
The necessary documentation is signed for lease contract and UCC filing form.
Upon completion of properly signed lease documentation a purchase order is phoned and followed with written confirmation.
Vendor then can deliver and install equipment.
Upon delivery and acceptance of equipment, vendor will pay the full invoice amount with 1-2 working days.
At Street Co', our goal is to provide an easy way to acquire innovative LED display solutions. This is why we’ve partnered with Ascentium Capital, a specialized financing and leasing company offering competitive payment options and a 100% Financing Program, which includes tax, shipping and other costs. This makes acquiring Street Co' products even more affordable. Ascentium has also streamlined the finance process, making financing quick and simple. Here’s how:
Our goal is to help our clients get their projects off the ground, and gear in hand. The process is simple!
only up to $250,000
up to $1.5 million
Simple
up to $1.5 million
as fast as 1 day
Experience a Consultative Approach using a consultative approach allows finance specialists to develop a finance program suited to your cash flow needs.
Please feel free to contact us at contact@streetcommunication.com
We look forward to serving you.
