Leverage the equity in your owned equipment to get cash today.
A “Sale Leaseback” is a transaction where we purchase your equipment from you for cash, and you lease it back from us
We can advance 100% of the appraised value of equipment if you have purchased it in the past 6 months
We can advance 50% of the appraised value of equipment older than 1 year old
Once you pay off the balance of the lease, the equipment becomes your property again
In certain cases, a third party appraisal is required to determine at accurate valuation of the asset
Complete a credit application
Send the following information to us: credit application, equipment specs, original invoice or bill of sale, proof of payment any repair bills
If necessary, arrange appraisal of the equipment
Decide on a payment term and structure that works for you
We transfer the equipment into our name and send you a check for the cash value determined by our credit department or appraisal
Contact us today for more information about Sale Leasebacks.