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Home >>> Oilfield Equipment Financing >>> Leasing for Oilfield & Other Heavy Equipment

Page Links:  What will equipment leasing do for me?    How does it work?     How do I qualify?      Why apply here?      How do I apply for an oilfield or heavy equipment lease?

Leasing:

Conserving capital 

on affordable terms

Factoring:

Immediate cash flow, 

no debt

 

 

Benefits of Leasing

What will equipment leasing do for me?

How leasing can benefit you

100% financing

No down payment,

just 1-2 payments in advance

Preserve credit lines with your bank for other needs.

Conserve your cash.

Reduce operating expense - lease instead of outsourcing.

Converts a large cash sale price into a low, affordable, monthly payment.

Your monthly lease payment may be 100% tax deductible as an operating expense.  (Disclaimer / the fine print:  we do not dispense financial advice.  Consult your tax expert in this and all financial matters.)

Virtually any equipment can be leased.

Hedge against equipment obsolescence.

The leasing arrangements can be very flexible to suit the various trends in the oil and gas industry, for example, skip payments in times of low income.

Leasing meets the needs of almost all types and sizes of businesses in the oilfield.

Equipment leasing is particularly suitable for the oil and gas industry, where heavy equipment is in continual use.

The ability to constantly have state-of-the-art oilfield and other heavy equipment may well give your company an all important edge over it’s competition.

How do I apply?

Interested in learning more?  Call us at 405-227-9119 or email us.  We gather your requirements and refer you directly to a minimum of two affiliates who can meet your needs.

Or read more equipment leasing FAQ's here:

How do I qualify? 

How do I apply?

How does equipment leasing work?

Qualify for Leasing

How do I qualify ?

It’s Easy to Qualify for an Equipment Lease

Lessors will generally look for the following from a potential lessee. 

You don’t need to have all of the following as we work with lenders with very flexible criteria, but the more you have the better !!

Time in business is important as lessors will generally look for at least two years and possibly three for higher cost transactions.

Bank relationship should consist of a two year checking account with adequate daily balances to cover debt service.  There must be no recent “bad checks” registered.

Does the equipment fit the lessor’s approved list? (We specialize in lessors that finance oilfield equipment, but can source lenders for any heavy or light equipment.  We can help you define the equipment in a manner that lenders will accept.)

Trade relationships should include payment of accounts on time or within terms.

Principal’s credit history should be good overall.

For larger financial transactions full financial statements may be required.

Comparable Credit / Borrowing is helpful although not totally necessary.

That's it - not much more than you need to set up a relationship with a new vendor.

Do you qualify?  Call us at 903-566-0582 or email us

How do I apply?

What's in it for my company again?

Apply with Confidence

Why should I apply here?

You'll work with specialists in heavy equipment leasing.  We specialize in oilfield equipment, so we will direct you towards the companies most likely to approve the equipment you need.

In addition, we can help you define the equipment you need in a manner that our lenders will accept.

Your privacy is paramount, both to us and to the leasing companies with whom we deal.

How do I apply?

 

Apply for Equipment Leasing

How do I apply for equipment leasing?

Talk to a real live person.

Call us at 405-227-9119

or reach us by

  Email

 

How does leasing work?

What is equipment leasing?  How does it work?

Leasing may be defined as “ a rental agreement between two parties (the lessor and the lessee) for a specific period of time at a specific rate or payment”.

Put simply, the leasing company buys the equipment.  You rent it from them for a specific payment and time period.  At the end of that time, you can usually chose to own the equipment for a given fee.

Alternatively, you can lease or buy new state of the art equipment, having gotten your usage from the now old equipment you originally leased.

What can equipment leasing do for me?

How do I qualify?

Why apply here?

How do I apply?

 

 

 

What can equipment leasing do for me?            How does it work?              How do I qualify?

 Why apply here?          How do I apply for equipment leasing?            Back to top

 

 

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