Machinery Finance Resources (MFR) offers a variety of products to meet the unique needs of your business. Your MFR specialist will work with you to develop the best finance option for your company's bottom line.
Capital equipment is our only business. Our financing specialists understand the industry and can customize a solution that meets your specific needs.
Equipment loans are notes and security agreements through which MFR finances your purchase of equipment on a fixed rate basis. You are entitled to the depreciation and interest write-off.
Capital Lease (Lease to Own)
When you choose a capital lease, your equipment can be purchased for a pre-arranged price at the end of the lease term. You can arrange your lease with a $1.00, $101.00 or a 10% purchase obligation. Under this structure you keep the depreciation benefits associated with ownership.
If you prefer an operating lease, your equipment can be purchased for a pre-arranged price at the end of the lease term. You can take the depreciation allowance, or in many cases write off the whole payment. Please consult with your tax advisor.
Your tax lease purchase options can be structured as either fair market value (FMV), capped, or early buyout option (EBO). Under a tax lease, MFR retains the depreciation and you receive the benefit of lower lease payments.