More and more companies are beginning to realize the advantages of equipment leasing as opposed to purchasing their office or practice equipment. There are many benefits to leasing equipment and not purchasing, mainly the fact that leasing does not tie up cash or even a company's credit line. A leader in the equipment leasing industry, First City Capital makes it not only an affordable option but also a very simple one too.
A typical lease involves the customers filling out a simple, one page credit application and if need be providing some basic financial documents such as tax returns or financial statements. Once the application is approved the lease documents are prepared by First City Capital and sent to the customer for signing. The company then goes ahead and issues a purchase order with the required vendor. Once the equipment arrives it is paid for and the lease starts. The customer needs only pay the regular monthly payments without an additional up front down payment.
