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For a risk free no obligation consultation on the many
benefits call at
1 (800) 577 5706
Simply pay the $249 membership down
payment and complete the application, then fax it to us at
1 (888) 358-5288. |
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Leasing & Financial
Services
At Universal BFG, we have vendors
that may offer Corporate CPA’s and
Financial Planners. You’ll also
experience business financing
opportunities that most banks would
not even consider. However at
Universal BFG, we have affiliates
that may offer you up to 100%
financing for just about any type of
business equipment, NEW OR USED! In
most cases a one page application is
all that is required. We’ll assist
in arranging leases on virtually any
type of business equipment.
Here is a sample of the type of
businesses that our national network
of leasing companies have funded and
approved for leasing:
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Business:
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Telephone, Dental, Medical, Office
Furniture, Office Machines, Printing, Wood
Working, Machine Tools, Material Handling,
Construction, Dry Cleaning, Rolling Stock,
Audio Visual, Computers, Commercial Trucks,
Computer Programs, Portable Buildings, Photo
Processing, Automotive, Maintenance, Office
Dividers, Steam Cleaning, Janitorial,
Bakery, Welding, Food Processing,
Restaurant, Signs, Farm, Airplanes, Retail
Fixtures and Furniture, Hotel and Motel
Fixtures and Furnishings, Radio, Television,
Hospital, Copiers, Heavy Machinery,
Irrigation Systems, Recycling, Landscaping,
Golf Carts, Artwork, and much more.
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Municipal |
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Since 50% of all goods and services
purchased in the United States are purchased
by governments, we can help State, County,
Local Governments, and School Districts
acquire the goods and services they need.
For example, we can help fund Police Cars,
Fire Fighting Equipment, Computers,
Telephone Systems, Road Maintenance
Equipment, Office Equipment, School Buses,
Water Treatment Facilities, Portable
Buildings, Aircraft, and much more!
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Vendor |
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Universal BFG also works
with manufacturers and distributors who
currently sell or manufacture equipment and
help their customers find the money they
need.
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Myths
about Leasing |
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Myth #1:
"I need to have
perfect credit to lease"
While good credit will increase the
likelihood of approval, leasing is a good
alternative for customers with less than
perfect credit. Many other factors are
considered such as time in business, average
business checking balance, and comparable
business credit.
Myth #2:
"If I lease I won't / Can't own my
equipment"
Like banks, title is not transferred until
the obligation is paid. There is relatively
NO difference. By taking title rather than
putting a lien against the equipment, we can
keep from reporting on the lessee's credit
bureau.
Myth #3:
"Leasing costs more than
traditional financing"
In most cases, leasing actually costs less
than traditional financing. Typically, up
front costs are limited to first and last
monthly investments. When the tax advantages
of leasing are considered, payments are
usually lower than traditional financing.
The real cost of financing is losing cash
flow. As the NY Times best seller The
Millionaire Next Door, and billionaire J
Paul Getty say; "If it appreciates buy it,
if it depreciates lease it!" Leasing
preserves cash flow and saves businesses.
Myth #4:
"I can only lease NEW equipment"
The majority of equipment that is financed
through leasing is USED. There are no age
restrictions and terms can be tailored to
the customers' needs. This is a special
program unique to us.
Myth #5:
"Leasing is Difficult"
This could not be farther from the truth.
Qualifying for and completing the lease
transaction is, in most instances, easier
than traditional bank financing.
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The
Benefits of Leasing |
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Tax treatment.
The IRS
does not consider an operating lease to be a
purchase, but rather a tax-deductible
overhead expense. Therefore, you can deduct
the lease payments from your corporate
income. |
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Balance sheet management.
Because an
operating lease is not considered a
long-term debt or liability, it does not
appear as debt on your financial statement,
thus making you more attractive to
traditional lenders when you need them.
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100 percent financing. With leasing, there
is very little money down - perhaps only the
first and last month's payment are due at
the time of the lease. Since a lease does
not require a down payment, it is equivalent
to 100 percent financing. That means that
you will have more money to invest in
revenue-generating activities.
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Immediate write-off of the dollars spent.
Leasing payments are treated as expenses on
a company's balance sheet, therefore,
equipment does not have to be depreciated
over five to seven years. |
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Flexibility.
As your business grows and
your needs change, you can add or upgrade at
any point during the lease term through
add-on or master leases. If you anticipate
growth, be sure to negotiate that option
when you structure your lease program. You
also have the option to include
installation, maintenance and other
services, if needed. |
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Customized solutions.
A variety of leasing
products is available, allowing you to
tailor a program to fit your month-to-month
or year-to-year cash flow needs. You are
able to customize a program to address your
needs and requirements - cash flow, budget,
transaction structure, cyclical
fluctuations, etc. Some leases allow you,
for example , to miss one or more payment
without a penalty, an important feature for
seasonal businesses. |
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Asset management. A lease provides the use
of equipment for specific periods of time at
fixed payments. The lessor assumes and
manages the risk of equipment ownership. At
the end of the lease, the lessor is
responsible for the disposition of the
asset. |
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Upgraded technology. If the nature of your
industry demands that you have the latest
technology, a short-term operating lease can
help you get the equipment and keep your
cash. Lease equipment that you expect to
depreciate quickly. Your risk of getting
caught with obsolete equipment is lower
because you can upgrade or add equipment to
meet your ever-changing needs.
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Speed.
Leasing can allow you to respond
quickly to new opportunities with minimal
documentation and red tape. Many leasing
companies can approve your application
within one or two days and you can have your
equipment very quickl |
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Improved cash forecasting. By leasing
equipment you know the amount and number of
lease payments over the life of the leasing
period, so you can accurately forecast cash
requirements for your equipment.
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Flexible end of term options.There
are several options for disposing of
equipment after the lease term ends
including returning the equipment,
renewing the lease or purchasing the
equipment. |
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Tax benefits. Lessors often pass the tax
benefits of ownership on to the lessee in
the form of lower monthly payments.
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Improved earnings.
Operating lease
accounting provides a lower cost than a
capital lease in the early years of a lease.
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The
Difference between a Loan and a Lease
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A Loan…
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A Lease…
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| Requires the end user to invest a down
payment in the equipment. The loan finances
the remaining amount. |
Requires no down payment and
finances only the value of the
equipment expected to be
depleted during the lease term. |
| Usually requires the borrower to pledge
other assets for collateral. |
Usually requires the lessee to have an
option to buy the equipment for its
remaining value at the end of the lease. |
| Usually requires two expenditures during the
first payment period; a down payment at the
beginning and a loan payment at the end.
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Usually stipulates that the leased equipment
itself is all that is needed to secure a
lease transaction. |
| Usually requires the end user to bare all
the risk of equipment devaluation because of
new technology. |
Requires only a lease payment at the
beginning of the first payment period which
is usually much lower than the down payment. |
| Allows the end user to claim a tax deduction
for a portion of the loan payment as
interest and for depreciation, which is tied
to IRS depreciation schedules.
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Allows the end user to transfer all risk of
obsolescence to the lessor as there is no
obligation to own equipment at the end of
the lease. |
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When leases are structured as true leases,
the end user may claim the entire lease
payment as a tax deduction. The equipment
write-off is tied to the lease term, which
can be shorter than IRS depreciation
schedules, resulting in larger tax
deductions each year. The deduction is also
the same every year, which simplifies
budgeting (equipment financed with a
conditional sale lease is treated the same
as owned equipment.) |
| Requires owned equipment to appear as an
asset with a corresponding liability on the
balance sheet. |
Usually allows the leased assets to be
expensed when the lease is an operating
lease. Such assets do not appear on the
balance sheet, which can improve financial
ratios. |
| Typically requires a larger portion of the
financial obligation to be paid in today's
more expensive dollars. |
Usually allows more of the cash flow,
especially the option to purchase the
equipment, to occur later in the lease term
when inflation makes dollars cheaper. |
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BACK
View the many benefits of the Universal BFG funding program. |
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