Atlantic Funding addresses the unique needs of independent mechanical contractors and HVAC equipment dealers by enabling them to provide lease financing to customers who are improving their building.

Our ability to service your wide array of customers - including schools, hospitals, churches and commercial and industrial businesses - provides you with a critical competitive advantage in serving your complete customer base.

How does a leasing program benefit you and your customers ?

Your customers want the product because:
- they can make monthly payments avoiding a large upfront cash outlay.
- 100% lease financing allows them to preserve their credit lines.

You will have advantage over your competitors - leasing could make the difference between winning and losing a sale.

Your customers will look at you as a unique provider of a total solution, including installation and leasing of equipment.

You receive payment upon the customer's acceptance of the installation.

Example of Lease Financing Projects
Heating: Replace aging boilers, steam traps and pumps.
Cooling: Replace aging chillers, cooling towers or pumps.
Ventilation and Distribution: Install variable speed fans or replace fan or pump motors.
Controls: Install a new energy management control system or improve operational strategies.
Lighting: Replace lamps and ballasts or entire fixtures.
Call us about financing other installations that pay for themselves in 10 years or less

Why Leasing?

• Your Customers can keep their approved credit lines available for other purposes

• 100% Financing with Fixed Rate Monthly Payments

  Lease funding is for 100% of your equipment invoice. The monthly rental payments are fixed for the term of the contract. Most bank loans require a sizable down payment on the purchase and a variable monthly payment. And, lease financing does not require any compensating deposits balances as required with many bank loans.

• Tax Advantages

  "True lease" or "tax lease" contract rental payments are considered a deductible business expense. Of course, each business is unique and your customer should consult their tax advisor. We provide a free Lease vs. Purchase Analysis to review with their tax advisor.

Call us at 800-503-1972 and we'll review the investor Credit Requirements

These will vary from investor to investor but there are a few basic criteria every investor will review:

• Credit Score: Most investors will look for the owner's personal credit score to be 650 or higher.

• Time in Business: Generally, we need to show the business has been in operation for five or more years.

• The lessee should own the building; we may need a waiver from any mortgage holder.

• The installation should be for new equipment from a recognized manufacturer.

• Business Credit Rating: If the business has been extended payment terms, and that vendor is reporting payment history, the Paynet rating should be satisfactory and the D&B Paydex rating should be 70 or higher. If there is no credit rating, we'll just need to verify the payment histories directly.

• Financial Statements - We'll ask for the last two years tax filings for requests over $50,000.