Products
Traditional Loans
(Fixed)
Traditional Loans have a simple structure. You borrow from a bank with a fixed interest rate, which means the rate will remain the same no matter what the market interest rates do. Payments will remain the same over the entire term.
Operating Leases
Operating Lease is a contract that allows use of an asset but does not give ownership of the asset. This type of lease is considered off-balance sheet financing, so the leased asset and associated liabilities are not included on a company’s balance sheet to keep debt to equity ratio low.
Finance Leases
Finance Lease, or capital lease is a contract entitling a renter to temporarily use an asset. This type of lease allows asset ownership for accounting purposes.
Traditional Loans
(Variable)
Variable Traditional Loans are similar to fixed in structure, but the initial interest rate will change as the market interest rates change. So, payments will vary during the term.
Dollar Buyout Leases
Dollar Buyout Leases follows suit with finance leases, but this lease gives the company the option to purchase the asset for $1.
Fair Market Value Leases
An FMV Lease allows a lessee to use the asset for a pre-arranged time period for a fixed monthly payment. At the end of the lease term, the lessee has the option to purchase the asset at its determined fair market value, return the equipment or upgrade.