Looking to invest in equipment solutions? Let GTI find ways to reduce your upfront costs. Equipment leasing is an easy way to add a revenue stream to your business for less money upfront, which helps with cash flow! Instead of paying $10,000 – $20,000 upfront to purchase equipment, you can keep that money in your business. This allows you to save up a large sum of money short term and use the equipment long term. Simply pay in monthly or weekly installments over the duration of 1 – 5 years. The length and rate of the payment plan is determined in the leasing contract, most contracts are monthly installments.
Leasing equipment is allowing a bank to purchase equipment on your behalf from a supplier (such as GTI Designs). In equipment leasing, the lien is against that piece of equipment, not your business.
There are two types of ways you can lease to own. The first option is a Dollar Buyout Lease: at the end of all your payments there will be a dollar buyout. (At the end of the lease you can buy the equipment for 1 dollar). The second option is a Fair Market Value Lease: at the end of that lease, you must pay whatever that fair market value is to own outright that piece. The latter is similar to the usual car lease, while the Dollar Buyout Lease is used for the majority of Food Service Equipment Leasing
GTI Designs provides our customers with a wide range of cost-effective leasing options for the purchase of new or used commercial equipment and display cases. GTI has multiple sources of leasing solutions from some of the best experts in the industry. We will work with you to find the best fit for your business needs.
For more information on Leasing Options with GTI Designs, please contact us at 631-981-2100 and CustomerService@gtidesigns.com