Equipment Leasing

Star Financial Resources Equipment Leasing Star Financial Resources can arrange financing to enable you to lease new equipment. We can also use your existing equipment as a way to help bring needed capital into your business.

Before you sign on the dotted line to purchase equipment from a particular vendor, contact Star Financial Resources. Our equipment leasing programs assure your equipment acquisition is affordable and in your best interest. You select the equipment and the vendor, negotiate the price – and leave the rest to us.

Having the equipment to create products or provide services can be the critical difference in the profitability - even the continued existence - of your business. It is also costly.

Star Financial Resources Equipment Leasing For large purchases, bank loans are an option, but generally require a down payment of up to 20 percent of the loan value. Bank loans put a liability on your balance sheet as well as requiring a hefty amount of cash from you up front.

Leasing, in contrast, does not usually entail a large cash outlay. Generally, only the first and last month's payment are required at the time of acquisition. At lease end, your business is often given the option to own the equipment, or return it.

Because a lease is an expense rather than a liability, leasing does not affect your balance sheet. If or when title to the equipment transfers to your business, you can begin to depreciate the equipment.

If by lease end newer and better models have been introduced, it may be better to upgrade to a more efficient piece of equipment. In this case, your business could enter into a new lease without the concern and expense of disposing of the older equipment.

If you already own equipment, and are faced with cash flow challenges, Star Financial Resources can use your equipment as a way to bring needed capital into your business. This is just another of the many unique ways we have of helping businesses grow and survive in a challenging world.