INDUSTRIAL & COMMERCIAL LAUNDRY EQUIPMENT FINANCING
Sometimes equipment breaks down when you least expect it and replacement machines are not necessarily in the capital budget. The Herb Fitzgerald Company has you covered with competitive lease-to-own and finance solutions for all machinery we carry, whether it is a single piece of machinery, expansion to your operation, or a brand new laundry.
Equipment leasing has become the preferred method of financing for many of our customers. In today’s economy, most businesses want to keep their line of credit open and bank lines untouched. When you lease your equipment, that’s exactly what you do. There is very little cash outlay upfront and you can include all soft cost in the lease such as installation, freight, taxes, and training. Our leasing partners are capable of structuring leases for customers with unique needs. By providing a variety of creative financial solutions and flexible leasing programs, we can find the program that is right for you.
Lease terms can range from 12 to 72 months. Payments are fixed and buyout at the end of the lease term.
Standard bank type equipment financing is available to those who are interested in absolute ownership. In today’s competitive market, well qualified borrowers can obtain very competitive interest rates on their equipment purchases with terms up to 60 months. There is also very little cash outlay upfront and you can include all soft cost in the “Equipment Finance Agreement” such as installation, freight, taxes, and training. Unlike banks, this financing also requires little or no down payment.