American Leasing Capital

Business Owners

INTRODUCTION TO LEASING

Equipment Types

Lease Application Form

INTRODUCTION TO LEASING

Equipment leasing is basically when we, (the lessor), buy and own the equipment you select and rent it to your business, (the lessee), for a fixed monthly payment for a specified period of time, usually from one to five years.

Any business at any stage of development is a candidate for equipment leasing. For start-ups or young businesses with limited revenues, leases up to $75,000 are available on the personal credit of the founders or owners. For established, mature businesses leases up to $5 million with terms to 10 years are available.

One of the main benefits of leasing is that you may be able to fully deduct your lease payments as a current operating expense for tax purposes. Consult your tax professional to be sure.

A lease can finance the soft costs often associated with equipment purchases, such as warranties, shipping, installation, maintenance, and training.

Leasing provides 100% financing, conserving your cash and preserving bank lines of credit for working capital purposes.

Leasing provides a close matching of the lease term and payments to the revenue produced by your use of the equipment. The equipment pays for itself while you add to your productivity and bottom line.

At the end of the lease you may purchase the equipment for its then fair market value, a fixed predetermined amount such as 10% of the original cost of the equipment, or for as little as $1.00. You may also continue leasing the equipment or lease new equipment. Or you can return the equipment with no further obligation..

According to the Equipment Leasing Association, as many as 80% of U.S. businesses lease all or part of their equipment. Consider equipment leasing from American Leasing Capital for your business needs, today!

Since 1990, All You Need To Know About Leasing Is Our Phone Number

AMERICAN LEASING CAPITAL
4944 Cass Street, Suite 802
San Diego, CA 92109

(858) 581-6000

E-mail: info@americanleasingcapital.com

Lease Application

INTRODUCTION TO LEASING

Equipment Types

Lease Application Form

Click here for a printable
lease application form

* Required Fields

Name of Business: *

Street Address: *

City/State/Zip: *

Type of Business: *

Years in Business: *

Location of Equipment: *

Federal Tax ID Number:

Phone: *

Fax:

E-mail:

Website:

Landlord:
Contact:
Phone:

Insurance Agent:
Contact:
Phone:

Owner or Officer Information *

1. Owner or Officer:

Social Security Number:

Title:

Home Phone:

Home Address:

2. Owner or Officer:

Social Security Number:

Title:

Home Phone:

Home Address:

3. Owner or Officer:

Social Security Number:

Title:

Home Phone:

Home Address:

Bank Information *

1. Bank Name:

Account Number:

Bank Officer:

Phone:

2. Bank Name:

Account Number:

Bank Officer:

Phone:

Leases and Notes

1. Lender:

Account Number:

Original Amount:

Monthly Payment:

Phone:

2. Lender:

Account Number:

Original Amount:

Monthly Payment:

Phone:

3. Lender:

Account Number:

Original Amount:

Monthly Payment:

Phone:

Trade References

1. Company Name:

Account Number:

Phone:

Contact Person:

2. Company Name:

Account Number:

Phone:

Contact Person:

3. Company Name:

Account Number:

Phone:

Contact Person:

Vendor Information *

1. Company Name:

Phone:

Vendor Rep:

2. Company Name:

Phone:

Vendor Rep:

Lease Terms *

Lease Term (months):

Buyout Option:

Equipment Description:

Equipment Cost:

This application submitted electronically shall have the same force and effect as if the application bore an inked original signature(s). The above information, together with any accompanying financial statements, schedules, or other materials, is submitted for the purpose of obtaining credit and is warranted to be true, correct and complete. The undersigned hereby warrants that any individual identified above who is either a principal, a personal guarantor or a sole proprietor of the credit applicant, recognizing that his or her individual credit history may be a factor in the evaluation of the credit history of the applicant, has provided his/her written authorization for inquiry into their credit worthiness, including but not limited to obtaining a consumer credit report, and shall hold American Leasing Capital and its assignees, agents or nominees harmless from same. You understand that such investigation may include seeking information as to the background, credit and financial responsibility of your officers and principals (or any of them). The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status or age (provided the applicant has the capacity to enter into the binding contract); because all or part of the applicant's income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. If for any reason your application for business credit is denied, you have the right to a written statement of the specific reasons for the denial. To obtain the statement, please write to American Leasing Capital, 4944 Cass Street, Suite 802, San Diego, CA 92109.

I Agree *

Since 1990, All You Need To Know About Leasing is Our Phone Number

AMERICAN LEASING CAPITAL
4944 Cass Street, Suite 802
San Diego, CA 92109

(858) 581-6000

E-mail: info@americanleasingcapital.com

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