Industrial Finance Group, inc.

Operating Lease Equipment Financing & Leasing

Industrial Finance Group, Inc. offers competitive rates for those customers wanting a qualified Operating Lease. FASB (Financial Accounting Standards Board) #13 determines the qualifications for an Operating Lease.  Operating Lease agreements are needed when a company wants “off balance sheet” leasing or financing.  If any of the following four criteria are true the lease will not qualify as an Operating Lease.

• The lease automatically transfers ownership of the property to the lessee by the end of the lease.

• The lease contains a bargain purchase option.

• The lease term equals 75% or more of the estimated economic life of the property.

• The present value of the minimum lease payments at the beginning of the lease term equals or exceeds 90% of the fair market value of the property.

Call us today for a free leasing or financing quotation for your machine tool, fabricating machine, or other industrial equipment acquisition. 1-800-632-2551 or use our online financing proposal request form.