Industrial and Commerical Equipment Lease / Financing

Capitaland Material Handling Lease and Financing Options

By offering the area’s best selection of forklift and floor equipment, CMH is pleased to offer several purchase options for those purchasing a single piece of equipment, or those building an entire fleet or operation.  

Equipment Leases

CMH has partnered with two companies that offer an array of commercial equipment leases. Equipment Leases have specific benefits that preserve cash flow, allowing companies to place equipment in operation and offset the capital investment over time.  

Equipment Financing

Few companies choose to invest valuable cash into equipment assets that will depreciate over time. Most commercial and industrial equipment is eligible for lease or loan purchasing options.  

Equipment Dealer Lease and Loan Options

CMH Financing partners offer a variety of equipment financing options.  

Should You Lease or Buy/Finance Your Equipment?

How you purchase your forklift, lift truck, commercial and industrial floor equipment could have an impact on your financial resources. Equipment lease and loans address ownership, taxes and payments differently. Below is some additional information, however CMH encourages you to discuss lease and loan options with the lender to make a fully- informed decision.
 
 

   

 

  

About Equipment Leases

When leasing equipment, you pay only for the portion of a vehicle’s cost that you “use up” during the time you’re driving or using it. You may not be required to make a down payment and will pay any sales tax on monthly payments (in most states). On an equipment lease, you will pay the financial rate called “money factor”, similar to the interest on a loan along with  

fees and possibly a security deposit. You make your first payment at the time you sign your equipment lease contract for the month ahead. At lease-end, you do not own the equipment. You may choose to either return the equipment, or purchase the equipment at the depreciated resale value.
Equipment leases are often attractive to companies who wish to continually rotate new model equipment, with all the latest features in, without having to buy and sell equipment inventory.   

About Equipment Financing – Loans

When purchasing equipment, you pay for the entire cost of equipment, regardless of how many hours you use it, or miles you drive. An equipment loan typically requires a down payment, payment of sales taxes at time of sale, or added to the total financed on the equipment loan.  You will pay an interest rate determined by your equipment financing company, based on credit history and will make your first payment approximately a month after you sign your contract. Upon full repayment of the loan you own the equipment. You may then decide to continue using, sell or trade the equipment at its depreciated resale value.Equipment Loads are often attractive to companies that prefer to purchase and use equipment throughout the life of the equipment, or wish to have the assets to leverage upon repayment of the loan.  

Learn more about CMH’s Equipment Lease & Financing Partners:

Pinnacle Capital
 

Capitaland Material Handling - CMH
420 Western Turnpike, Altamont, New York 12009
Phone:(518) 357-2320