Customers
NCC Helping to Grow Your Business
We can structure a financing option to best fit your needs. Our customer resources listed below will address many of your questions, however, feel free to contact us to review the many different options available to you.
Benefits of Leasing
Your business depends on having the right equipment and technology available to use, when you need it. But it also depends on wisely managing your capital and cash flow. With the flexibility of leasing, you can have both the right equipment and the right financing. Transfer the risks and uncertainties of equipment ownership to the leasing company, so you can focus on using that equipment as a productive part of your business.
Leasing offers many advantages over other financing methods:
Simplicity, Speed and Convenience: Leasing with National Commercial Capital allows you to respond quickly to your needs for equipment and technology. The application and one-page lease document are simple, and you can be approved for a lease within minutes or hours. You can have the products you need in operation quickly, without hassles.
Conserve Capital: Conventional or bank financing typically requires a large down payment. Affordably spread your payments across time, and conserve your working capital to really work for your business.
Preserve Credit Lines: Borrowing from the bank shrinks available credit lines. Leasing ensures that credit lines remain free for profitable expansion in other areas.
One Monthly Payment: One low lease payment can cover everything – equipment, freight, installation and maintenance, tax and supplies.
Overcome Budget Obstacles: Leasing allows customized payments and terms to fit any budget.
Fixed Payments: Fixed payments avoid the uncertainty of variable (floating) interest rates typical of bank financing.
Manage Asset Value: It’s wise to own things that appreciate in value and lease things that depreciate. Leasing options (trade-in, early upgrade, renewal replacement, and add-on) help minimize the risk of depreciating equipment values. At the end of the term, the lessee may purchase the equipment, return it, or renew the lease (depending upon the original lease agreement).
Flexibility: As your business grows and your needs change, you can add to or upgrade your lease at any point through add-on leases or master leases. If you anticipate growth, be sure to negotiate that option when you structure your lease program. You also have the option to include installation, maintenance and other services, if needed.
Avoid Obsolescence: Leasing is an extremely attractive option for all your computer hardware and software purchases because technology becomes outdated very quickly. With a lease, your risk of getting caught with obsolete technology is lower because you can build upgrades and add-ons into the lease.
Customized Solutions: Leasing allows you to structure a financing program that addresses your key business issues, including cash flow, budget, transaction, and cyclical fluctuations. For example, some businesses request seasonal leases, allowing them to schedule their payments during their busiest months to better align their expenses and revenues on a monthly basis.
Tax Advantages: Monthly lease payments may be tax deductible. Please contact your tax advisor to determine which lease structure is best for your specific situation.
A World of Opportunity from National Commercial Capital!
Frequently Asked Questions (FAQ)
Any company, organization or association. Currently we do not lease equipment to individuals for personal use.
Any company, organization or association. Currently we do not lease equipment to individuals for personal use.
Most kinds of equipment from manufacturing, construction to hi- tech including software.
A simple, one-page application is usually all that’s needed. Financial information will be required for leases over $75,000.
When you have verbally acknowledged that the equipment you ordered has been received and is in good working order.
Approvals are usually accomplished within 2 hours, depending on the size of the transaction and if all submitted information is correct and complete.
The minimum required is $1,000.
Yes. Installation and service fees, as well as the first year maintenance contract, can be included in the lease.
Yes. Software and other soft costs can be added to the lease. Software only leases are available at special rates.
Lessee has an option of continuing to lease, purchasing the equipment, or returning it to the Leasing Company. Should you choose to purchase the equipment, the purchase price is determined by the Fair Market Value (FMV) of the used equipment. Another option is the $1.00 Buy Out – at end of lease, you pay just $1.00 to purchase the equipment.
You will be contacted when your shipment arrives to ensure you receive exactly what you ordered. After your initial receipt of the equipment, your vendor will troubleshoot problems or replace equipment as defined in your warranty. Lessee receives benefits of all “buyer” warranties and is responsible for maintenance.
The Leasing Company, as lessor, is the owner of leased equipment until you choose to purchase the equipment at end of lease.
If you choose to end the lease early, you may. It is a rare situation that would make terminating a lease during its term an advisable option but there is no penalty for early payment. We attempt to maximize your options with equipment upgrade programs. We pride ourselves on our ability to offer solutions that meet your needs.
Yes, pending credit approval. A security deposit may be required.
The length of time in business, references from bank and trades, and D&B and credit bureau ratings.
Your company is responsible for any and all sales/use taxes.
Lessee. Lessee receives the benefit of “buyer” warranties.
The End-User Lessee is responsible for insuring the equipment against risk of loss including property and casualty coverage and liability. Lessees typically just add the equipment to their existing policy.
In some instances you can write off the monthly lease payment as an operating expense, depending the structure of the lease. In other instances, you can take the equipment depreciation expense. Because everyone handles their tax preparation differently, you’re encouraged to speak with your accountant regarding the specific benefits for your business.
With a lease no money is borrowed. Your bank line is unaffected.