PRODUCTS AND SERVICES
IF YOUR BUSINESS IS GROWING, DISCOVER HOW A
COLUMBIA EQUIPMENT FINANCE PROGRAM CAN HELP FUEL YOUR EXPANSION.
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| APPLICATION ONLY PROGRAMS- $5,000 to $150,000 |
| "A" CREDIT |
STANDARD CREDIT |
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Our best rates, designed for stronger credits. From $5,000 to $150,000. True Tax leases and truck TRAC leases are available under this program. The lowest rates anywhere for good, qualified credits on application only. New or used equipment up to 60 months.
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The lowest rates for the average company, and we can go up to $100,000. This program requires a good, clean personal credit report, and at least two years in business.
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| "B" CREDIT |
NEW BUSINESSES / START-UPS |
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Good rates and turn around time. Less than perfect credit is OK, provided that credit problems are in the past and the current credit
report is clean. A prior bankruptcy will be considered. Different programs depending on time in business: 2-5 years, and 5+ years.
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We can fund new start-up companies with less than 2 years in business on Application only up to $20,000 & up to $75,000 with financials. Approval is based on the personal credit of the principals and the type of equipment is considered.
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| CHALLENGED "C" CREDIT |
Applicants that have had a bankruptcy, liens or judgments, or other credit problems. An opportunity to acquire needed equipment and rebuild your credit.
No additional collateral, start-ups & bankruptcy ok, approval based on cash flow.
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| FULL FINANCIAL PROGRAMS |
| LARGER LEASES WITH FINANCIAL INFORMATION |
EQUIPMENT LINE OF CREDIT |
We can fund $50,000 to $2,000,000 with our lowest rates under our Middle Market programs. 72 and 84 month terms available. We work with the most complicated equipment acquisitions to make them hassle free. There are generally less equipment restrictions as the focus is on the financial strength of the company, and end of lease purchase options are more flexible. Different levels of financial disclosure are required based on the size of the transaction.
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Combine all of your equipment needs under one Master Lease. A Master Lease works like a line of credit. You get approved for the total equipment cost; and then you can use it all in one lease, or spread it over several “schedules.” You benefit from the lower rates, which apply to the full amount, and you can purchase different equipment from multiple vendors with separate delivery schedules. With a Master Lease you make a single credit submission and one simple monthly payment.
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| STRUCTURED LEASE OPTIONS |
| FLEXIBLE PAYMENTS |
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We can customize a payment plan to fit your business’ needs: semi-annual, annual, deferred, seasonal, step-up, and 90 day head start payment programs are all available on either application only or middle market leasing programs with financial disclosure.
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| TRUE LEASE PROGRAMS |
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TRUE LEASES HAVE A BUYOUT, OR BALLOON PAYMENT (TYPICALLY 10%), AT THE END OF THE LEASE. THEY ALLOW Y0U TO HAVE LOWER PAYMENTS THROUGHOUT THE TERM OF THE LEASE, AND SIMPLIFY BOOKKEEPPING. TRUE LEASES ARE AVAILABLE UNDER OUR “A” CREDIT APPLICATION ONLY PROGRAMS AND COME IN TWO FORMS:
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| PRO LEASE |
TRAC LEASES FOR TRUCKS |
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The lender receives depreciation on the equipment and passes on lower payments. This is a form of a True Lease in which you write off each payment as an expense. The end of the lease provides for a buyout of the equipment. This program works very well with high-tech equipment.
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This program is for vans and trucks only. It is a lease with a Terminal Rental Adjustment Clause. The lender receives the depreciation on the equipment and passes on lower payments. You are able to write off rental payments as an expense and have a buyout at the end of the lease.
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| SPECIAL FINANCE PROGRAMS |
| VENTURE LEASING |
ACCOUNTS RECEIVABLE FINANCING |
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This program is for companies that are venture capital backed and have not reached profitability. An excellent way to purchase equipment and save venture capital for operating expenses.
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Accounts receivable and asset based financing for companies with $1-$20Million in sales and a stable cash flow from service.
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| DEBT RESTRUCTURING |
PURCHASE ORDER FINANCING |
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Corporate financing for Middle Market companies with $3 Million to $100 Million in sales. Provides additional working capital.
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Funding for contracts which exceed a company’s working capital for purchasing raw material.
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Since 1985 we have been affiliated with some of the nation’s most reputable premier lenders. We match your credit profile with the guidelines of one of our lenders that will serve you best. The depth of our lender network allows us to bring your needs to the attention of lenders all over the country.
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