United Leasing - Equipment Leasing

Finding solutions is what United Leasing is all about. Helping your company achieve their goals through leasing is our commitment.

Eight out of every ten corporations use leasing to help reposition their assets and take advantage of the tax benefits while conserving their cash position.

United Leasing has over 30 years experience of contributing to the success of companies in a wide array of industries. From manufacturing to transportation, medical to mining, our wide, from large to small companies, to a single lease asset to a large-scale asset need, United Leasing can assist virtually any size company with virtually any leased asset acquisition.

There are several different leasing options we can offer our clients, which allows us to determine exactly the right kind of lease for you. You can obtain a lease for a single item, or for many items under one lease; you can determine how long or short you need a lease to be; you can even choose between types of leases, such as Operating or Capital lease agreements.

Operating Lease - An operating lease covers a term shorter than the expected life of the equipment. This type of lease is particularly useful for technological equipment, which can often become outdated in a short period of time. For example, if you were to purchase a computer system, you would be confronted with the challenge of finding a suitable—and profitable—way to resell the system when you become ready to upgrade. However, through leasing, that responsibility falls on us and the expertise of our staff, leaving you free to lease the most up-to-date and efficient equipment.
Capital Lease - A capital lease covers a longer period of time that more closely matches the expected life of the equipment. The advantages to a finance lease are that rentals are most often lower due to the length of the term, and there is less residual value risk involved.

While a majority of our leases fall into either the Operating or Capital format, there are leasing applications – such as Trac leases or Synthetic leases – that are also available if it benefits your company. For example, a Trac lease is treated like a true lease for tax purposes, where the lender takes the depreciation and passes on the benefits to the lessee in the form of lower payments. On the other hand, a Synthetic lease is structured in a way so that it is not recorded as a balance sheet liability, but instead is considered to be an expense on the income and expense statement.

No matter what type of lease you need, United Leasing can customize it for you. After all, our specialty is creating business solutions through leasing.