Engine Repair

Many folks come to us for help to finance engine rebuilds or other repairs as needed while using the equity in their equipment on a tax-efficient commercial lease.   You would essentially “borrow” the equity in your equipment to pay for the repairs while making payments over a set length of term before ownership is transferred back at the end of the term. This process is called a sale-leaseback and is perfect for paying for repairs.

When facing expensive repairs on commercial equipment, a sale-leaseback can provide a tax-efficient way to access the equity in the item without needing to sell it outright. This option allows borrowers to borrow the equity in their equipment and make payments towards the cost of repairs over a set term. Once the agreed-upon period has ended, ownership of the equipment returns back to the borrower. This way, borrowers can have the necessary repairs completed without having to compromise cash flow or disrupt their operations. A sale-leaseback is a flexible solution that can be customized to fit the unique needs of each borrower. It can help to get equipment up and running again, drive cash flow, and keep businesses moving forward.

Additional Notes:

• No need to replace your equipment with expensive new gear
• You retain control and use of the equipment while making tax efficient lease payments

Contact us today to learn more about our commercial lease financing options and how we can help you repair your semi-truck, heavy equipment or other machinery.