EQUIPMENT LEASING AND FINANCING SERVICES
Regents offers a full line of financing solutions that solve the many challenges our clients face. We offer creative financing with everything from leases that combine both rental and ownership benefits, to bridge loans that span seasonal shortfalls, to 100% reimbursements that turn past equipment purchases into capital for growth.
A summary of each service is outlined below but as every business needs are unique, so must be each solution. At Regents, we will tailor each transaction to turn whatever financing realities you face into results that move you forward.
EQUIPMENT Finance LINE OF CREDIT
Hedge against uncertainty by securing fixed-rate financing for equipment acquisitions for up to one year in advance.
An Equipment Line of Credit with Regents provides the benefits of our lease products and allows you to space equipment acquisitions over time. Funding can be committed for up to 12 months in advance with periodic takedowns (which can be matched to the equipment’s expected utilization time). You can even combine multiple invoices into a single advance.
Conserve cash with 100% financing while effectively capturing ownership benefits with a capital lease.
Capital Leases mimic traditional loan purchases as it effectively captures the ownership of the asset with exclusive right to use and purchase options but also offers 100% financing; conserving cash up front for other projects with higher ROI potential. If long-term equipment ownership is your goal, then a capital lease with a buyout purchase option is an excellent choice. Payments are fixed, and as equipment owner, you can depreciate the equipment and even take advantage of Section 179 incentives and Bonus Depreciation.
True Tax Leases
Preserve cash flow with lower payments and the ability to expense rental payments thus reducing tax burden.
True Tax Leases have lower up-front costs, lower monthly payments and multiple tax advantages. A True Tax Lease can finance up to 100% of the cost of the equipment including “soft costs” (transportation, delivery, installation and other deferred costs). The payment on a True Tax Lease is usually lower than a Non-Tax Lease (which preserves cash flow) and also allows the business to deduct qualifying lease payments*.
* Be sure to consult your tax and legal advisers to determine the most tax-beneficial lease for your specific situation.
Equipment Finance Agreements
Simple, fixed rate funding and secured only by the equipment being financed, an EFA offers many benefits over a traditional bank loan.
An Equipment Finance Agreement (EFA) with Regents is treated as a loan where the borrower is the title holder and Regents is a lien holder on the financed equipment. An EFA has 3 distinct advantages over traditional bank loans:
- EFA is secured only by the specific equipment being financed or leased NOT 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
- Many bank loans contain restrictive covenants that can inhibit your ability to
borrow future funds when needed
Terminal rental adjustment clause (TRAC) combines all of the advantages of leasing with many ownership upsides and custom buyout options.
A terminal rental adjustment clause lease (TRAC) combines all the advantages of leasing while retaining many of the upsides of ownership. When your TRAC Lease ends, you have the option to:
- Purchase the equipment at the end of the lease term at a pre-determined residual
agreed to when the lease starts, or
- Opt to continue to lease the equipment at a reduced rate with payments based on the
residual value amount, or
- Simply return the equipment to Regents
Providing corporate clients with improved financial ratios, up to 100% financing and both interest expense and depreciation deductions.
In its simplest form, a synthetic lease is a type of off-balance-sheet financing that provides a number of benefits for Regents’ corporate clients, including enhanced financial ratio performance; as much as 100 percent financing with competitive pricing; and tax benefits, including deductions for both lease payments (as operating expenses) and interest expense and depreciation (similar to a capital lease) if exercising the fixed price purchase option (FPO).
Monetize up to 100% of the equity in your recent equipment purchases to increase capital, decrease taxes and secure fixed rates all while retaining use.
You can monetize the equity – up to 100% – in your equipment purchases (made within the last 12 months) with a sale leaseback. The primary benefit is that you retain use of the asset(s), lower your tax burden AND you now have the option to reinvest the newly acquired capital towards expansion, company expenses or other business needs.
Working Capital Loans
With no conditional use requirements, you can pay for increased expenses, unexpected losses, relocation costs – whatever you need, when you need it.
Working capital loans can help you pay for everyday business expenses such as rent, payroll and debt payments. We offer both unsecured and secured working capital loans. With unsecured loans, how you use the cash is up to you; approval of the loan is not conditional upon the uses for the loan. For example, these short-term loans can also be used to cover unexpected losses, increased expenses, new employees, relocation of an office – whatever you need, when you need it.
We have had the pleasure working with Regents Capital on multiple lease financing projects over the years. Their ability to finance our projects, including those with upwards of 50% soft costs continues to surprise us and surpass all others who have competed for our business in the past. Regents also secured funding for previous equipment purchases enabling us to hit our project deadlines; critical in our seasonal based business. Regents excels in project management often serving as our right hand by processing complex documentation, coordinating with our internal departments and multiple vendor management all while providing rapid funding. Many of the past projects commenced even before the equipment was delivered.
Our shared success has established a relationship of trust that extends well beyond business and we look forward to our future partnership with Regents.”
Chief Financial Officer
We have engaged Regents Capital on over 18 equipment financing projects to date and look forward to working with them through many more as we continue to expand across the US. We have found the Regents team to be thoroughly reliable and responsive to our many diverse business needs including processing literally hundreds of invoices from both newly commissioned and established vendors. Regents even rewrote schedules to support our unique financial reporting requirements and improve our D/E ratios.
Regents commitment to our company has been steadfast; as is our commitment to work together for many prosperous years to come. We wholeheartedly recommend Regents to anyone in need of equipment financing and exceptional client service.”
Chief Financial Officer
Regents Capital have proven themselves to be absolutely reliable and responsive to our unique business needs. They moved quickly to secure financing for essential equipment despite very tight deadlines and the need to negotiate vendor payment requirements on our behalf. Their professional persistence paid off for both our companies’ mutual benefit.
Regents efficiency and excellent client services are highly valued in our organization and we look to partner with them on many projects in the future. We highly recommend their services to anyone in need of equipment financing and/or vendor management.”
The ability to secure funding for both our hard and soft assets (including software, custom graphics and installation) with one financing company, Regents, has made my job so much easier. In addition, Regents expertise with complex documentation and assistance with meeting legal requirements is something you don’t fully appreciate until you are deep into the transaction. Having worked with many other financing companies over the years, I speak from experience when I say that Regent’s is a cut above the rest.
I greatly appreciate the structuring expertise, flexibility and service that both Regents extends to our company and recommend Regents as a truly exceptional and unique equipment financing partner.”
Regents has provided our company with outstanding service. We utilized their reimbursement program to monetize our recent equipment purchases applying the some of the new capital towards completion of our facilities security system. We were also able to lower our monthly payments, improve our liquidity and now have the dry powder we need to capitalize on growing demand from within the Construction industry.
We are very happy all around – no complaints. Regents will be the first I call the next time something comes through.”
As our industry has grown exponentially the past few years, we have looked to Regents Capital time and time again to provide the equipment financing we need to meet this demand. Regents ability to structure the terms and buyout options to our unique business needs, all while providing 100% financing (including heavy soft costs) is exceptional. Regents’ project management was impressive as well, processing many invoices, and managing multiple vendors and payment schedules.
We very much appreciate Regents responsiveness, flexibility and attention to detail and highly recommend their services.”
Over the years Regents has provided us with exceptional project/vendor management, fantastic rates and very flexible terms. We’ve utilized their easy application program many times to quickly acquire equipment financing for a high number of low dollar valued assets that often need to be sent to multiple locations in a hurry. We trust Regents promise of rapid turnaround between us and our vendors and they always rise to the challenge.
While others may grow lax in customer service due to our many schedules and rapid funding requirements, Regents sees us as a client first and foremost. We value our relationship with Regents and expect to see many more transactions completed quickly and easily with them in the future.”
Chief Financial Officer
Partnering with Regents Capital allowed us to focus on running our business. They managed the vendor correspondence, coordinated delivery, and issued payments on our behalf. The ease of doing business and the swift funding process is what has earned our future business.”
We have looked to Regents Capital for their financial expertise on a variety of equipment financing projects. Regents allowed us differentiate ourselves from our competition by allowing us to take advantage of new technologies specific to our industry.
Not only did Regents provide exceptional project management and rapid funding, their competitive rates were also very much appreciated. We look forward to a long and rewarding partnership.”
I’m not really known to be much of a wordsmith, so I’ll not use too much fancy talk to tell you how wonderful the experience has been working with you two on this deal. You young ones have really impressed me. You guys have been quite a breath of fresh air as it goes in dealing with lenders aka bankers and the like. As I said before, I was so used to dealing in the “old” world of lending, dingy offices with old school people who obviously hate what they do. Those experiences have made coming to your company truly a very pleasant experience.
Great job and I’ll take you up on the beer.”