Lease Financing for HVAC Contractors

 The "A" Plan Requirements:

 In business five (5) years

 Application only up to $50k

 Over $50k - Tax Returns or Financials

 New equipment only

 Lessee must own building

 Mortgagee Waiver if over $25k

 Principals guarantee lease

 Principal FICO 650+ (or financials)

 D&B Paydex 70

 "B" Structured Plan:

 For business applicants not meeting

 the above "A" standards,

 additional requirements may apply

 for a structured package.

More and more successful business owners ask:

"If using this equipment improves my cash flow , whether I own or lease it, then why do I want to own it?"

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 a wide array of customers - including schools, hospitals, churches and commercial and industrial businesses - provides a critical competitive advantage to contractors in serving their entire customer base.

How do contractors benefit from a leasing program?

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.
 

Compare Leasing with "Buy and Borrow"

• Leasing allows your customers to keep their approved credit lines open for other purposes.

    

• 100% Financing with Fixed-Rate Monthly Payments.

  Lease finding is 100% of the contractor's invoice. The monthly rental  payments are fixed for the term of the contract. Most bank loans require a down payment on the purchase with a variable monthly payment. And, lease funding does not require any compensating balances as 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 the customer should consult your tax advisor. We provide a free Lease vs. Purchase Analysis to review with their tax advisor.

Projects that pay for themselves in less than 10 years are ideal:

• 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.

Leasing and Performance Contracting click here for more information

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US Govt Energy Star

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