You can use commercial equipment leasing for any new or used equipment, work trucks, and/or software that makes sense for your business to grow. As long as it is not going to be resold and it is not disposable and/or consumable, it may qualify for an equipment lease. Check out our equipment lease industry page for more details.
Our funding team works quickly and efficiently to find you the best deal. It usually takes three to five business days from the time we have the signed lease documents in our office to have the equipment financing available.
Absolutely. We want to be sure you get the best equipment at the best deal, and that often means working with multiple vendors. We can work with as many equipment vendors as you need to get the equipment that you want.
Equipment leasing and financing offers less red tape than with bank financing. You can complete the process quicker which means your equipment can start to work faster. Five Point Capital offers you a lease manager who will coordinate the details to help make sure your deal is completed in the timeframe needed.
Rates are based on a number of variables including equipment type and the credit rating of the individual business customer. The best way to find out what rates are going to be for a desired piece of equipment is to contact a Five Point Capital account Lease Manager and submit a quote for the equipment you wish to lease.
We can structure your commercial leasing terms to best fit your business needs. We provide two, three, four, and five year lease terms on most transactions as well as many different types of equipment lease programs from $5,000 to $100,000. Whether you are interested in business equipment lease and financing, automotive equipment financing or heavy equipment financing, Five Point Capital has commercial equipment leasing programs that will work best for your company’s cash flow needs.
Five Point Capital understands that your best equipment option doesn’t always come from a dealer. We will process an equipment lease for titled vehicles from a private party.
No, there is no pre-payment penalty on any of our equipment leases. You can pay off your equipment lease at any time without penalties. Please see our Equipment Leasing 101 guide to read about equipment lease payoffs.
The tax benefits of equipment leasing can be extremely important to a business’ cash flow. Depending on the type of lease you choose, you may create tax advantages for your company. As always, check with your tax professional on the applicable tax savings.
This is one way your equipment lease will differ from a bank loan. Your equipment lease will not show as a trade line on your personal credit report as would the principal balance of a bank loan.
With most Five Point Capital equipment leases, you can include ‘soft costs’ such as delivery, training and installation in your total loan amount.
The Five Point Capital Lowest Payment Guarantee is our way of insuring you have the lowest payment on your equipment. If you find the same equipment lease with a lower payment, we’ll offer you a lease with a lower payment or we’ll send you $500– guaranteed! Certain restrictions apply.