HERE ARE A FEW OF THE BENEFITS OF LEASING FROM LAPPEN'S:
PRESERVE CASH FLOW: In today’s economic climate, preserving capital is extremely important. Leasing allows you to finance equipment with little or no money down.
FIXED PAYMENTS: Lease payments are fixed for the entire lease term. It enables you to budget and anticipate your break even cost when adding new equipment.
COLLATERAL IS EQUIPMENT SPECIFIC: Unlike traditional bank loans, leasing companies only take a lien on the equipment you are financing rather than all of your companies assets. Most banks want to secure all of your assets to finance any of your equipment.
SIMPLICITY: A Lease can be approved and documented in 24 – 48 hours from start to finish. In most cases, by completing a one-page credit application. We are designed to make the process easy.
MORE GARAGES, SERVICE STATIONS, FLEETS, CAR DEALERS, SPECIALTY SHOPS AND TIRE DEALERS BUY THEIR EQUIPMENT FROM LAPPEN’S THAN ANY OTHER DISTRIBUTOR IN NEW ENGLAND.