Commercial Equipment Leasing

Obtaining commercial equipment leasing finance for your business doesn't need to be a major headache. Although major banks and lenders are tightening credit criteria and restricting lending, commercial equipment leasing companies like WB Financial haven't missed a beat! We are commercial equipment leasing specialists with access to funds used to finance equipment acquisitions across every major industry in the US and Canada. Don't get caught up with the red tape associated with bank lending. Banks would rather purchase commercial equipment leasing portfolios rather than fund deals in $50k increments. Major lending institutions are simply NOT setup to fund the average commercial equipment leasing request. Allow WB Financial to work with you and your company to develop an equipment leasing program that will match your cash-flow needs and give you immediate access to revenue generating equipment.

Commercial Equipment Leasing Vs Bank Loans

At first glance, a traditional bank loan might seem like the easiest, fastest way for your business to acquire capital equipment. However, your friendly neighborhood banker might forget to mention a "few" requirements banks have before lending to your business

• Compensating Balances- Banks are quick to reel you in with seemingly unbeatable rates and terms. What they neglect to mention however, is the need to keep a MINIMUM amount of cash on deposit in a compensating account. This cash is NOT available for emergency use, and you may get penalized if the compensating balance gets too low. Being required to hold just a few thousand dollars in a compensating account can be enough to send those "unbeatable" rates through the roof!

• Commercial Borrowing Power- Utilizing bank lines-of-credit for long-term financing is perhaps one of the worst things your business can do. These lines-of-credit are perfectly suited for short-term investments and as a source of emergency funds. If your business has a $75k line-of-credit with a major bank and you decide to acquire $35k in equipment lease financing from that same lender... changes are your available credit line just became $40k. This can be a nightmare if your business counts on the use of those funds for emergencies.

Give WB Financial a call today to see how we can help your business obtain the commercial equipment leasing it needs to acquire the latest in equipment and machinery.

"Distinctively Different Business Finance"

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