According to the Equipment Leasing Association, 85% of businesses lease some or all of their equipment and nearly 90% say they would use leasing again. Obviously, leasing is an important and well used equipment acquisition strategy. Customers are demanding a financing alternative. In addition, they want the equipment, service/maintenance and financing to be included in one monthly payment and they want all of this arranged conveniently and at a competitive price.

Successful manufacturers, distributors and dealers of business equipment should have the ability to offer an equipment leasing solution to their customers. Basically, there are two alternatives to meet the needs of your customers:

• Establish a relationship with an independent leasing company or broker

OR

• Establish a captive lease company which focuses entirely on their specialized needs thereby improving competitiveness, increasing sales and profitability.

Most manufacturers, distributors and dealers have been unable to establish their own captive lease company because they have not had the required resources available to them. To establish a viable captive strategy you need:

• Knowledge
• Capital
• Lease Administration

Orion First Financial, LLC can help you establish a viable leasing program that fits your needs. We can arrange a competitive lease program through one of our joint venture partners/relationships with quality leasing companies. On the other hand, if you are interested in establishing a captive lease company we have extensive equipment leasing experience, access to capital, lease administration and servicing and the desire to help you succeed.

© 2003 Orion First Financial, LLC