Customer Financing

Innovatech Customer Financing Email Mary Stoural for an application

As Innovatech's Customer Leasing Coordinator, I am pleased to announce several competitive new options for financing your Innovatech equipment purchase.

Innovatech has started a new, more competitive equipment leasing program to assist our customers in acquiring the equipment they need without a large up-front cash expense.

Leasing is the largest single source of industrial equipment financing. In fact, more than 80% of all Fortune 500 companies lease their equipment and machinery because they can free-up working capital and their lines of credit by keeping equipment purchase liabilities off their balance sheets. Leasing is a more effective means of acquiring a large amount of equipment with a minimal cash outlay. And best of all, you make money with our equipment with a minimal capital expense.

Equipment Finance Leases (Lease to Own or Zero Buy-Out Leases)
These leases allow you to acquire the equipment you need, put it to work and make competitive lease payments. At the end of the term you buy the equipment for just $1.00.

Advantages Include: *

Low monthly payments. Our rates are very competitive—probably lower than your bank can offer.
Tax benefits: Many customers qualify for up to $112,000 tax write-offs under Section 179 of the tax code plus deduction of interest as a business expense.
Leasing leaves your bank line of credit available for other uses.
Low down payments. Leasing preserves your working capital because leasing requires low or no down payment, depending on your credit. Leasing provides 100% financing, including ancillary costs such as shipping, installation and training. You get the equipment you need for almost nothing out of your pocket.
Operating capital is saved for revenue-generating investments.
Equity Investment. At the end of the lease, you own the equipment for only one dollar, depending on the program. We build in a buy-out to meet your needs.
Longer terms with fixed rates. Bank loans typically use floating rates and often can be called in anytime during the loan. Leases offer fixed payment amounts through the term of the lease and are not callable on demand or subject to annual renewals.
Simplified paperwork. I can set up your lease on-line and often get approval within four hours.
Flexibility. There are a variety of leasing programs available, allowing us to custom-design a program to address your needs and requirements; cash flow, budget amounts, payout amounts and cyclical cash flows can all be structured to meet your needs.

For further assistance, credit pre-determinations or to finance that new Innovatech machine you need, please contact Mary at: (425)402-1881 ext. 238 or via e-mail at: MaryS@InnovatechProducts.com

*Check with your accountant to determine if you qualify for tax benefits.