EQUIPMENT FINANCE AGREEMENTS & EQUIPMENT LEASING PROGRAMS
Capitalize with Regents rather than your bank & enjoy both ownership & cash management benefits with our equipment leasing programs.
An Equipment Finance Agreement (EFA) with Regents is treated as a loan where the borrower is the title holder and Regents is a lienholder on the financed equipment. Regents’ EFAs have 3 distinct advantages over traditional bank loans:
Regents’ EFAs are secured only by the specific equipment being financed. This means that your EFA isn’t secured by all your present and future assets (unlike most bank loans).
Most bank loans are not fixed-rate but tied to market rates that may go up over the term of the loan. Regents’ EFAs are fixed for the full term.
Many bank loans contain restrictive covenants that can inhibit your ability to borrow future funds when needed. Regents’ EFAs have no covenants – restrictive or otherwise.
Regents’ Equipment Finance Agreement is a good option for businesses who prefer retaining ownership during the lifecycle of the transaction. Regents’ EFA’s offer tax advantages as the equipment may be depreciated on the business’s balance sheet and the business may be able to deduct the interest expense as well.
Features & Benefits of Our Equipment Leasing Programs
Equipment Finance Agreements & Equipment Leasing Programs
Lower Costs Than Average in the Equipment Leasing Industry
Lower costs with no hidden charges, non-utilization fines or fees in the fine print. Converting variable debt to fixed rate financing hedges against inflation and rising interest rates as payments remain the same for the term of the contract. That’s a huge benefit of working with one of the highest rated equipment leasing companies.
Progress Payments for Your Equipment Leasing Program
Our clients save time and upfront cash when Regents manages all of the invoicing and necessary progress payments. This increases efficiency and progress as well as helping to alleviate many vendor-induced headaches.
Tax Benefits:
Section 179
Under Section 179, the entire cost of the qualifying equipment may be written off the year it is purchased and put into use. The client may opt to own the equipment after the lease is up (at a low pre-negotiated price). This is one of the benefits of working with a professional in the equipment leasing industry.
100% Financing for Equipment Leasing Programs
At Regents, we understand that financing may be needed for associated project costs including soft costs such as installation, design fees, software, delivery, training, etc. – costs that many banks cannot or will not cover.
Lower Payment Options in the Equipment Leasing Industry
Regents lower payment and flexible term leases help fit your restaurant, construction, or hotel equipment financing expenditures into even the tightest budget allowances, enabling our clients to get the financing for the equipment their business needs right now.
3 step process
Regents Capital streamlines the process to get your industry equipment financing faster
Review
We review your financials, discuss operations, past transaction structuring and current business goals. This helps us to know more about your business, objectives, and your commercial equipment financing needs.
Approval
We structure the transaction and with approval by both parties, finalize all documentation. This makes the process clear and transparent – which is how we think equipment leasing should be.
Funding
With our simple, streamlined process our team funds your commercial equipment needs and manages project scheduling and documentation, so you can stay focused on your business.
FREQUENTLY ASKED QUESTIONS
What Types of Equipment do you finance?
As a trusted capital equipment leasing company in the industry, we assist in almost any type of commercial equipment financing needs, including for example:
- Transportation – Titled vehicles, truck/trailer, aircraft, GSE, rail, marine.
- Retail, Beverage and Restaurant Equipment – Food processing lines, industrial kitchen appliances, packaging, store build-outs, POS systems, etc. Our restaurant
equipment financing is the cream of the crop. - Manufacturing and Processing Equipment – CNC, printing presses, metal forming and stamping, extrusion, injection mold machines, waste processing, robotic, automated distribution systems, material handling, etc.
- Heavy-Industrial Equipment – Yellow iron, cranes, energy production and services equipment, construction equipment, forklifts, etc.
- Technology Equipment – Computers, servers, telecom, data centers, enterprise software, medical equipment, test and monitoring equipment, etc.
- Hotel Financing – Hotel financing for any type of equipment your hospitality business needs is our specialty! Learn more about our hotel financing from one of
our team members.
This is by no means a comprehensive list. Give us a call at (888) 901-4207 to talk to us about your specific business equipment needs and growth goals.
What Commercial Equipment lease financing terms do you offer?
Regents offers flexible terms from 24 to 72 months depending on the unique business needs of each client. Seasonal (Step or Skip), Monthly and Quarterly payment schedules are available, as are longer terms depending on the type of structure and the client’s credit profile. In addition, depending on the type of lease, Regents offers custom buyout structures including $1 Buyouts and Fair Market Value (FMV) options and terms.
What terms do you offer?
Regents offers flexible terms from 24 to 72 months depending on the unique business needs of each client. Seasonal (Step or Skip), Monthly and Quarterly payment schedules are available, as are longer terms depending on the type of structure and the client’s credit profile. In addition, depending on the type of lease, Regents offers custom buyout structures including $1 Buyouts and Fair Market Value (FMV) options and terms.
What About new, used or highly customized equipment?
Regents funds 100% of new equipment cost (+ most soft costs) and typically funds used and/or highly customized equipment up to 100% of FMV. We also offer up to 100% reimbursement for existing equipment purchases made within the last 12 months.
Can “Soft Costs” be included in our lease?
Regents is typically able to finance all or most of the soft costs included in equipment transactions. Such soft costs include, but are not limited to, installation (services, foundation, electrical, piping, etc.), freight, software, training, engineering & design, etc.
What Documentation do i need to provide?
In most cases, Regents only requires a completed application, current interim statement and the last 3 audited or reviewed financial statements. If available, an equipment quote will help to speed along the review process.
On occasion, if audited or reviewed financial statements are not available, we have been able to secure funding with corporate bank statements or tax returns (depending on the size of the transaction). Approvals are granted only on a case-by-case basis.
Who will service our account and be our point of contact?
Effective management of all transaction processes, schedules and documentation are provided by dedicated project teams that consist of an Account Executive, Account Manager, Documentation Manager, and Vice President of Credit as well as various specialists and administrative staff. Your team will always be available to you, which is just another reason we’re the top choice for capital equipment leasing companies.