Commercial Financing

BROAD RANGE OF FINANCING SOLUTIONS

Capital Leasing is a national innovator in the equipment financing marketplace. We deliver highly customized financing solutions to meet the needs of our vendors and direct customers. Our partners receive flexible funding solutions for both valuable collateral types and soft/no-value collateral from $10,000 to more than $2,000,000 and from “A to B” credits.

SUPERIOR PERSONAL SERVICE

You have direct access to expert credit and funding analysts. Getting quick answers to your questions is only helpful if they are the correct answers. Our highly trained analysts have the deep knowledge and decades of experience you need for rapid, accurate, common sense answers… every time.

OUR CREDIT EXPERTISE

Our seasoned credit professionals look at every application to find creative ways to provide approvals that will be manageable to the customer. We do not use rigid automated scoring tools but instead apply our extensive product knowledge in specific equipment types and our great expertise in many unusual industries to provide a high percentage of approvals.

INNOVATIVE PRODUCT OFFERINGS

One size does not fit all and every broker/lessor works in a slightly different way. We strive to match each broker’s unique origination model by structuring programs to maximize those marketing efforts. In addition, we provide our funding in the manner desired by the customer. The customer can elect the best method of funding on a deal by deal basis.

SEASONAL PAYMENT PLANS

For customers that have variable cash flow cycles, we can design creative repayment structures that match the exact way they do business. Our job is to provide innovative financing solutions that help you achieve your company growth goals.

PRODUCT SOLUTION	PRODUCT DESCRIPTION	BENEFITS FOR YOUR CUSTOMER
LOAN	An Equipment Finance Loan is used to purchase business equipment that is secured by the asset itself. Your customer repays the amount borrowed with interest over a specific period of time. At Mower Finance, the term of a loan can be anywhere from 36 to 60 months.	Borrower holds legal title to the equipment Equipment serves as collateral Potential to enjoy tax benefits Multiple credit qualities accepted Limited paperwork
TRAC LEASE	A Terminal Rental Adjustment Clause (TRAC) lease is designed to finance your customer’s qualified truck or trailer. It offers the lessee a stated residual value at the end of the term that your Mower Finance account manager can provide. At lease end, your customer can pay off the residual value and take ownership of the asset, obtain terms from Mower Finance to re-lease the unit (if eligible), or simply return it to Mower Finance.	A known purchase option at the time the asset is leased An opportunity to share in any upside proceeds gained from the sale of equipment Lower monthly payments than a loan Potential to improve cash flow (because of lower monthly payments) Opportunity to enjoy off balance sheet financing Potential to deduct monthly lease payments
FMV LEASE	A Fair Market Value (FMV) lease allows your customers to obtain the equipment they need to run their businesses for a designated number of months. At the end of the lease term, your customer may purchase the equipment for its fair market value, or, depending on his credit status, continue to lease the asset or return it and upgrade to a new unit.	Lower monthly payments than a loan Different end of lease options from which to choose (based on eligibility) Potential to deduct monthly lease payments
$1 BUYOUT LEASE	$1 Buyout Lease allows your customer to purchase the equipment for one dollar ($1) at the conclusion of the lease agreement. The monthly payment is typically higher than with some other types of leases like an FMV since the buyout is only a dollar. Customers interested in keeping the equipment at the end of the term may prefer the dollar buyout option.	Lower monthly payments than a loan Option to purchase the equipment at the end of the term for just a dollar Potential to deduct monthly lease payments Potential to improve cash flow (because of lower monthly payments vs. a loan)
$101 BUYOUT LEASE	$101 Buyout Lease is available in California and Arizona and is similar to a $1 Buyout Lease. The monthly payment is typically higher than with some other types of leases like an FMV since the customer has the option to purchase the asset at the end of the term for just $101. Customers interested in keeping the equipment at lease-end may prefer this option.	Lower monthly payments than a loan Option to purchase the equipment at the end of the term for just $101 Potential to deduct monthly lease payments Potential to improve cash flow (because of lower monthly payments vs. a loan)

These are the basic requirements to apply and does not guarantee an application will be approved. Leasing provides commercial equipment financing. Credit decisions are based on the combination of a review of the personal credit of the guarantors, equipment, time in business and geographic location. In some cases, transactions may be approved with additional collateral, security deposits, and/or additional guarantors. Approvals are based on all the information in your application, credit, income, etc.