- It
preserves your existing Bank and Credit lines. It's a fixed rate, not variable
like most lines of credit. The lease will not show up on your personal credit
so it's not "exposed" to other lenders as a debt, keeping your borrowing
power in tact for when you need it.
- Leases are
secured by the equipment on the lease, not a blanket lien on your business or
all the equipment you own. You can finance 100% of the equipment cost, including
shipping and installation.
- Very little out of
pocket expense - no more than first and last month's payments - sometimes less!
- Does
not tie up cash or lines of credit that you may need for emergency situations,
or whatever you usually use it for! Allows you to use your cash for items that
add value to your business.
- Quicker approvals
and funding to the vendor than a Bank, and no financial statements required now
or at any time throughout the term of the lease for purchases under $75K. This
not only means less hassle for you, but it also means there is no chance that
the lease can be "called in" if your financials start a negative trend,
unlike what the bank can do on a loan.
- Flexible/structured
lease payments - including no payments for 90 days or only $100 for the first
few months so you can start making money off the equipment before you start paying
on it! We can even set up lower payments during your slow season every year.
- There
is no prepayment penalty.
- Provides a tax write-off
either through depreciation or as an operating expense (consult your CPA for advice).
-
- Cypress offers a Single Point of Contact. Our owners have been in lease financing
for over 25 years and believe service is the most important benefit we provide
to our customers, so they have structured Cypress to ensure the highest level
of service on every transaction we work.
-
- Very competitive rate structures. We work with a number of financial sources
and have some banking relationships that are over 15 years old. This guarantees
a source for just about every type of credit or equipment, and allows us to provide
the maximum amount of flexibility on the programs we can offer.
-
- Most credit decisions are accomplished within 24-48 hours.
-
- All documentation is prepared and sent from our offices, which keeps things
moving along as fast as possible.
-
- We pay to send all documents to you and back to us with the use of our Federal
Express account. We can also email documents to you, and still pay for the Fed
Ex return of the documents to us.
- - Our customer service department can handle potential problems
for you. Just call Vicki to take care of any matter that may come up and she will
make sure the issue is brought to the attention of the right person.
Cypress
can offer many financing options for you. Vicki would appreciate the opportunity
to speak with you to answer any questions you may have. You can print out this
Lease Application here
and fax it to her, or she'll be happy to help you over the phone or through email.
Here is her contact information:
Vicki Capperauld
Tel: 800-433-6189
x108
Fax: 253-395-3803
vicki@cypress-financial.com
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