How Do You Obtain Equipment Lease Money?
• Determine your equipment, shipping and installation costs, down payment requirements and so on (approximates are acceptable). Take quotes from potential suppliers of your desired equipment. • Compile your company’s most recent interim financial statements, last 3 years of annual financial statements and configuration/cost of the equipment to supply to your prospective leasing companies. • Identify capital equipment costs and build equipment package: i.e., Costs of actual equipment, installation, training, shipping, deposits, taxes and any additional expenses related to your project. *The easiest way to do this is by obtaining quotes or invoices from your vendor(s). If you do not have quotes or invoices available, you will need to break down make(s), model(s) and costs of the equipment you are acquiring; You will also need to pull spec sheets for any major pieces of equipment your anticipate acquiring. • Build your Financial Package: All leasing companies providing financing for $100,
