Equipment leasing minimizes your interest rate risk. Unlike variable rate loans and lines of credit, equipment lease payments are constant over the term the lease.

Equipment lease payments are often treated as fully deductible expenses. You may be able to write off your lease payments faster than the depreciable life of the equipment had you paid cash or financed the equipment using a loan or line of credit.

Equipment leasing allows for a greater variety of equipment selection than bank financing. Equipment can consist of both new and used equipment. Equipment leasing typically can include both hard costs as well as some soft costs.

Equipment leasing credit decisions are quick. Great American Finance Co. specializes in helping firms obtain the equipment they need in a timely and efficient manner, usually on an application-only basis.

Equipment lease documentation is simple and straightforward. Lease documents are sent via overnight carrier for your completion and return. As soon as we receive your executed documents and confirm your acceptance of the equipment, we immediately pay the vendor.