Equipment Purchase or Lease

Equipment Purchase

If you need to purchase new equipment to run your business Fidelity Finance Solutions will find you the funding that you need.  The equipment can be anything used to operate the business,  For example, you can purchase machinery, vehicles, tools, computers and copying machines just to name a few.

Equipment Lease

While the appeal of owning your equipment is often strong, leasing can free up significant capital for small business owners.  Leasing capital equipment frees up cash for other financial needs of growing companies. Maybe you’re looking to expand, but can’t afford to buy new equipment. Or your industry changes rapidly, making your current equipment obsolete every few years. The advantages of Leasing capital equipment are:

  • Lowers upfront costs, compared to buying equipment outright
  • Reduces the chance that your company gets stuck with obsolete equipment, if your contract specifies upgrades
  • Transfers the cost of equipment maintenance to the leasing company, again according to the terms of your contract
  • Provides an income tax break, because you can deduct your leasing costs as a business expense
  • Offers an easier way to get the equipment you need if your company’s credit is iffy
  • Eliminates the hassle and cost of trashing outdated and sometimes environmentally harmful equipment

Contact us today for a free evaluation of your financing needs from one of our finance specialists.

Sales and Lease Back

Many companies need working capital for expansion and do not want to use their bank lines for working capital. Fidelity Finance Solutions has a program where we can use the equity in your existing equipment to give your company the working capital it needs. We have a lending institution buy your equipment and lease it back to you and when all the payments are made you own the equipment again.

Government and Municipal Leasing

We can provide lease financing to any government or municipal entity with guaranteed approval. The rate is determined by the rating of the municipality or government agency.  A partial list of who we finance is listed below:

  • Federal Government Agencies
  • Armed Services
  • State Agencies
  • Public Schools
  • Police Department
  • Fire Houses
  • Libraries