MFR offers a variety of finance options to meet the unique needs of your 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.
Equipment Finance Agreement (EFA)
This finance option bridges the gap between a lease and loan. You are considered the owner of the equipment upfront. The agreement is a fully amortized fixed rate business loan. You are entitled to depreciation benefits associated with ownership.
Your operating/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.