Equipment Lease
What Is an Equipment Leasing Contract?
Equipment Lease
An Equipment Leasing Contract is an agreement by the equipment owner, the vendor to your business, to provide equipment for use by the your company. Troon Funding offers a few different lease agreements, however, in most cases leases are not reflected on the companies balance sheet and the cost of the equipment can be spread out on a monthly basis through the use of the product.
How Are Equipment Leasing Contracts Created?
Equipment Leasing Contracts range in length from several months to several years. The terms will vary based on your needs and the term and structure of the agreement. Upon accepting the terms of the lease, you are expected to pay for the equipment owner as agreed.
Who Can Benefit from the Sale of an Equipment Leasing Contracts?
Your Vendor will benefit by having the ability to sell more equipment, and your business benefits by being able to put the equipment into service immediately while spreading out those costs. Troon Funding’s leasing program provides the working capital for capital equipment needs providing your business the ability to grow.
Are you currently receiving money from an equipment leasing contract? Do you need money to purchase additional equipment or meet obligations? Contact us and let us explain how we can help.
Contact our Leasing Professionals Today
Troon Funding Services
480-239-9879
