Silicon Coast Capital
Lease Programs: The following is a brief overview of our financial services. Please contact us for more information. Application Only to $100,000 Only a simple one-page lease application is required - No Financial Statements and No Tax Returns needed. Almost all kinds of equipment accepted under this program. Lease terms range from 24 to 72 months & credit decisions within 4-24 Hours. Investment Grade Credit Program up to $5,000,000 Minimum lease amounts starting at $50,000 up to $5,000,000, in funding available. Preferred pricing based on the US Treasuries with almost all types of equipment accepted. Extended lease terms up to 120 months. Requires a complete financial package with 3 years of tax returns or audited financial statements and current year to date interim statements. Software Leasing Program - Application Only to $75,000 Get the software and efficiencies to compete in today’s competitive marketplace. No Financial Statements & No Tax Returns needed up to $75,000. No large upfront capital outlays - make payments as you reap the benefits of the software. Lease terms up to 60 months. Medical Professionals Program - Application Only to $150,000 Designed specifically for the need of the professionals in the medical community. No Financial Statement & No Tax Returns needed up to $150,000. Preferred pricing based on the US Treasuries. Includes medical equipment, furniture, office equipment, and computer systems. Start Up Business Program - Application Only to $35,000 Great program for new and start up businesses with less than 2 years operating history. Get the equipment needed to grow your business and preserve cash for working capital needs. Almost all industries and equipment types are acceptable. Marginal Credit Program Re-establish your credit and get the equipment to grow your business. Silicon Coast Capitals Second Chance syndication program provides challenged credits with a new beginning! Master Lease Line Of Credit Because not all Vendors install at the same time Silicon Coast Capital offers a Master Lease Line Of Credit to our customers. This funding strategy gives our clients the ability to acquire multiple types of equipment over a phased installation schedule. Payments are adjusted or additional schedules are added to complete the acquisitions. Sale Leaseback In a sale-leaseback transaction a company sells its capital equipment to Silicon Coast Capital and we immediately lease it back to the company. The company receives cash for its equipment as well as potential balance sheet improvements. Companies interested in this strategy typically agree that cash tied up in highly depreciating equipment can be better utilized elsewhere. TRAC Lease Whether your company needs a fleet of commercial vehicles, or a single tractor-trailer, our TRAC leasing program can structure a lease solution to meet your specific vehicle financing needs. TRAC derives its name from a clause in the contract, which is the Terminal Rental Adjustment Clause. This clause adjusts the residual value of the vehicle based upon usage. End of lease buyout options can be fixed with no mileage restrictions or a high residual can be structured to lower lease payments. Municipal Leasing Program The Municipal Lease program is open to nearly all government and public entities, including institutions, agencies, and departments of state, commonwealth, county, parish, and local governments. |