Time is money and you don't have the time to complete lengthy applications or to wait around for financing approvals. We make the equipment financing process simple. Our Express Application can be completed in less than a minute and you'll receive a quick answer from us.
You can count on Banleaco to provide a simple application and approval process, flexible payment options, knowledgeable staff and customized financing solutions.
Flexible Financing Agreemen ts
We'll work with you to establish an equipment financing solution that works for you and your business.
You can select from a variety of term lengths and all have fixed interest rates.
You can also take advantage of several of our financing programs that have no prepayment penalty. For more details, just ask a member of our team for additional information.
Equipment financing can help you take advantage of big tax savings. The Section 179 deduction allows businesses to deduct the full purchase price of the equipment in the year it is put into use. The deduction can decrease your tax bill and many times the tax savings will cover your first year's monthly payments.
Be sure to consult your tax advisor for guidance or visit www.irs.gov for specific details on the Section 179 deduction.
Equipment Financing Can Pay for Itself
New equipment can generate additional income for your small business. Some pieces of equipment, such as LED lighting, can provide big reductions in your business' expenses. The revenues and/or savings generated by the new equipment may even cover your Equipment Financing Agreement (EFA) payments.