How does Equipment Leasing Work?
Equipment leasing allows clients to acquire an asset without effecting their debt-to-income ratio and less initial cash input, while also providing the benefit of tax deductions.
Easy-To-Use Leasing Forms
- Fast & Easy Process (typically a response within 24 hours following a complete submission of the application requirements)
- Application process establishes leasing line of credit
- For New & Used Pieces of Equipment (Any Brand)
- Contact Your LSI Rep. & They Will Take Care of the Details
- Complete Application Includes
- Online or PDF Application
- Financial Statement
- Previous Two-Years of Tax Returns
- Valid Driver’s License
Sale-Leaseback
- LSI will purchase your equipment and lend a percentage of the equipment’s Fair Market Value back to you
- The lending percentage is determined case-by-case
- Your LSI Representative will work with you on determining the best way to structure the leaseback to fit your goals
- Flexible residual options are offered
- All Sale-Leasebacks require the application information listed above
- Call or Contact Today!
Get To Know More About LSI Equipment Leasing
Leasing allows you to upgrade to newer equipment more frequently as new technologies emerge. With a lease, you’re not stuck with the same equipment for years.
Manage Cash Flow
Leasing spreads equipment costs over time into more manageable monthly payments instead of a large lump sum purchase price. This can help better manage cash flow.
Lower Upfront Costs
Leasing requires less money upfront compared to financing or purchasing equipment outright. This frees up capital for other investments.
Flexible Terms
Leases can be structured with flexible payment and duration terms to meet your specific operating requirements.
Farm Equipment Planning
More reasons to lease equipment with LSI
How Does LSI Work?
LSI provides both a “True Tax Lease” and a “Finance lease, which allows flexibility for more lease options.
Optimize Your Taxes!
A “True Tax Lease” is considered an operating expense, like a rental expense. The total yearly payments due can be applied toward tax deductions.
How does leasing help my equity?
In a Sale-Leaseback, LSI will purchase your equipment and then lease it back to you, if the equipment has a verifiable secondary market.
Then we can lend up to 70% of wholesale value, funding transactions from $30,000.00 or more.
What Else Should I Know about Equipment Leasing?
If you have anymore questions about Equipment Leasing, go ahead and contact LSI right now!
Ready to start leasing equipment?
Discover the best in Farm Equipment
Contact LSI
2701 Grand Ave, Galesburg, IL 61401
(309) 343-2099