Ag Equipment Leasing has advantages over traditional financing. Unlike traditional loans, equipment leasing typically requires
little or no down payment and if structured properly the liability can be excluded from your balance sheet.
You can apply up to $350,000 with a 5 minute 1 page application.
Apply on this Program up to $350,000 in 5 Minutes
1. Call direct toll free 855-304-1372
2. Secure online application Click Here
3. Print & fax the application to 888-799-5381
Here are four different lease options that AEF offers. Please contact us anytime with questions.
Tax Lease or Operating Lease comes with a fixed lease payment and terms of 3 to 7 years. Increasing your margins and cash flow are benefits from a Tax Lease as large down payments are not required. Structured properly, a tax lease provides an immediate deduction for your operation as payments are tax deductible expenses. With depreciation rules always at the forefront of Government talks, this is a great option. The end of a tax lease term comes with options, you can purchase the equipment at a predetermined amount (residual) which you will know up front, trade it and use equity (if available) on your next transaction, or walk away subject to return provisions known up front. Tax Lease options are available on new to 10 year old models with some exceptions. If applicable, state sales tax is paid on the payment not total price at inception.
Finance Lease or $1 Out Lease treated as a loan structure by the IRS allows you to claim the equipment depreciation on your taxes and deduct the interest. This option will help you conserve cash flow and working capital with low upfront costs unlike a standard equipment loan. Use your trade equity as a down payment if you like and have predictable payment schedules as well.
PRO Lease purchase or renew only lease will classify as a true tax/operating lease. This product has a higher base term residual (up to 65%) for increased cash flow and will also feature a walkaway provision in the renewal period. The base term is 3 years (with 2 additional years optional). At the end of the 3rd year you can purchase the equipment at a predetermined amount (residual) which you will know up front or renew for 2 additional years. If renewed, after years 4 & 5 you can purchase the equipment for a predetermined amount or walk away subject to return provisions known up front. For tractors and combines 2 years old with 600 hours or less. Other equipment with a value of $150,000 or greater may be eligible as well.
Sale Leaseback if you have already purchased your equipment with in the last 30 days and are having second thoughts on possibly financing it instead we can help. This option is available to redeem your cash and put it back into your operation or invest in another project. Contact us for more details.
See Ag Equipment Leasing Advantages Here.