WHY LEASE?

• Makes high-cost equipment affordable - In today's hi-tech professional world, acquiring top quality equipment requires considerable expense. Leasing eliminates this by establishing a structure of fixed payments over a short or long term (1-7 years) based on your needs.
• Allows the equipment to pay for itself - With a simple fixed monthly payment, a lease allows you to consider the equipment as a contributing asset, therefore paying for equipment as it is being used.
• Offers 100% financing - including "soft costs" - Leasing is a Total Package Agreement! You can even finance related "soft costs" such as software, delivery, installation, and freight.
• Simplifies the loan process - Leasing is much simpler than a bank loan where the red tape can delay the application and decision. Helps eliminate obsolescence, with today's advances in technology, most office and business equipment soon becomes obsolete.
• Conserves capital - Leasing can free capital that can be crucial for business and professionals when the need for increased inventory, marketing/advertising initiatives and added personnel demand a constant and reliable cash flow.
• Ease of approval - Sa-Ro Leasing INC. offers a quick and simple approval process. Plus, our friendly staff will guide you and answer all your questions throughout the process.

PROGRAMS:

• Capital Leases
  This is a lease that fails to qualify as an Operating Lease under GAAP guidelines; therefore the asset and attendant liability are recorded on the lessee's balance sheet. The asset is depreciated as though it were acquired with cash or financed via a loan. This structure is typically secured only by the asset on the lease schedule and can be structured with a variety of payment structures and end of term purchase options.
• Fixed Rate Term Financing
  This financial instrument is structured as a Note and Security Agreement, with a fixed rate typically indexed to comparable term treasury notes at the inception of the transaction. The primary benefit to this structure is that it is generally less restrictive than a traditional bank loan. The only security, typically, on the note is the asset listed on the security agreement schedule.
• Operating Leases
  This structure qualifies as an Operating Lease under Generally Accepted Accounting Principles (GAAP) SFAS13 guidelines. Accounting benefits include keeping the liability and asset off-balance sheet. This provides enhanced financial reporting by improving a company's financial ratios. In some cases, this structure allows a company to remain within its bank covenants. The Operating Lease serves as a "hedge against obsolescence" and is frequently used for high technology asset acquisitions.
• Tax Leases
  This structure qualifies as an operating lease under Internal Revenue Code parameters. Qualifying a tax lease is generally less objective than for a GAAP operating lease -- and focuses mainly on whichever party retains the "benefits and burdens" of ownership. A qualifying Tax Lease allows the lessor to depreciate the asset and the lessee to treat the payments as an expense for federal tax purposes. Benefits to this structure include potential reduction in Alternative Minimum Tax (AMT) liability and possible lower rates due to the lessor taking the depreciation benefit.
• Balloon Payment Structures
  This option provides a balloon or put payment at the end of a term note or lease. This provides the client with a buy-out option that, in effect, provides a longer amortization period under the financing instrument and therefore lower payments over the term of the financing.
• Deferred Payment Options
  This option provides a 60, 90 or 120 payment deferral period typically at transaction inception. This provides the client with the ability to ramp up the use or productivity of the underlying asset being financed and match that productivity with a deferred payable.
• Seasonal Payment Structures
  This option provides a payment structure that matches the client’s business seasonality to the lease cash outflow. A very beneficial structure for seasonal industries such as construction and retail oriented businesses.
• Sale and Leaseback
  A sale and leaseback transaction provides your firm with increased cash flow and all the benefits associated with the chosen lease structure. It is often utilized to generate value out of previously purchased assets. Companies that have purchased large amounts of equipment over a previous six-month period or that own higher value collateral (such as manufacturing equipment) purchased years earlier can qualify for a sale and leaseback transaction.
• Start-Up Financing
  Financing for customers who have been in business less than 2 years and are seeking equipment financing or construction & permanent financing.