Financing Options

BUSINESS FINANCING SOLUTIONS

Encore offers a broad selection of leasing and financing products all of which can be customized to meet your specific operating, financial and tax requirements. The majority of these products are listed below.

Typical transaction sizes range from $20,000 - $2,000,000 with terms ranging from 2 to 7 years. All our products can provide for 100% financing and the inclusion of all related project costs including services.

Operating Type Lease

A lease in which the lessor owns the equipment and leases it to the lessee for a term usually between 24 and 72 months. An Operating Lease may provide the lessee with off-balance sheet financing if the lease meets certain accounting criteria. At the end of the initial term, the lessee may return the equipment to the lessor, re-lease the equipment for another specified term, or purchase the equipment.

Lease Purchase/Finance Lease

A lease in which equipment can be purchased for a predetermined price upon lease expiration. These leases can be structured with either purchase options or purchase agreements, and depreciation benefits are typically transferred to the lessee.

$1 Purchase Option Lease or Equipment Loans

The $1 purchase option lease and equipment loans are structures by which an equipment purchase is financed on a fixed rate basis. The Lessee/Borrower retains the tax ownership of the equipment and related depreciation and is the owner of the equipment.

Installment Purchase Agreement

An Installment Purchase Agreement or “IPA” is often used for software license only financings where no tangible collateral is involved.

Vendor Leasing/Financing

Leasing programs designed for equipment manufacturers, distributors and dealers to increase sales by providing their customers with equipment financing through Encore.

Vendor Progress Payment Funding

A facility that provides for our direct payment to vendors (upon your authorization) over a period of time to accommodate projects that involve multi vendor and/or vendor progress payments over a period of time generally ranging from one to eighteen months. 

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