Genesis Commercial Capital Adds Structure Component to New Leases

Genesis is customizing and designing lease structures for companies on a one off basis to accommodate every customer’s needs.  Gone are the days where a flat payment might work for all business and industries.  Instead, Genesis is promoting a variety of specialized structures to help each and every customer

Step Down Leases, can be designed to match the lease-payout curve (what the less or needs to pay the lease at any given time) with the equipment value curve (what the equipment is expected to bring in a sale).  This allows the lessee to effectively "walk away" from the equipment at almost any time (with the sale proceeds of the equipment covering the lease payout).  Featuring payments that decrease each year, this structure offers accelerated tax write-offs and greater upgrade flexibility.  It also allows the customer to match cash flow when the equipment is newer and more effective. 

Step Up Leases allow companies starting a new project or division, or with short term budget constraints, to start with little or no payments during the early part of the lease term and increase payment levels as cash flow increases. This can allow a customer to become involved in a new lease that they traditionally could not afford and have the payment term match cash flow increases generated by the new equipment

Seasonally Adjusted Leases accommodate companies in cyclical industries, structuring payments to match cash flow and allowing smaller or token payments during the "off" months.  The equipment rental industry, farming, retail, etc. are all industries that are exposed to down months throughout the year.  This program can help customers forecast cash flow more accurately and match it up to the payments on their lease.

Credit Enhancement Structures are employed to allow companies that might not otherwise qualify for leasing because of credit or equity level deficiencies.  Enhancements such as security deposits, the holdings of real estate, equipment or financial instruments as additional collateral, shortened or step-down lease terms, corporate or personal guarantors and co- lessees are some of the alternatives considered to overcome challenging situations.

GENESIS COMMERCIAL CAPITAL LEASING ADVANTAGES

It is vital for you to work with a leasing company that has the flexibility to offer you the service that you need and deserve. At Genesis it is our primary goal and responsibility to offer you the most attractive leasing programs available in the industry. In our competitive marketplace, here are some reasons why you should chose Genesis as your financial partner.

Low Lease Rates

We recognize that your primary concern is to secure the best possible and most cost efficient lease for your company. With that in mind, we at Genesis strive to secure the most competitive lease rates and equipment approvals in the industry. After all, if your equipment purchase is to make sense, it must be affordable.

Fast and Simple Approval Process

Dealing with lenders does not have to be a headache!  Genesis provides lease approvals up to $150,000 with a simple 1-page credit application. We typically obtain final credit approval within 48 hours of receiving a completed application. For transactions under $50,000, we can typically obtain approval within 24 hours.

Flexible Programs

Ever try to put a square peg in a round hole?  At Genesis, we do that every day. The following are just a few of the finance structures and lease advantages available through Genesis Capital:

                        *We bundle Software, Installation, and Training with Hardware
                        *90-day deferrals, Step-Up, Step-Down, and Seasonal Payments

                        *Off Balance Sheet Financing

                        *No Down Payments, Significant Tax Benefits

                        *100% Financing

Friendly, Dedicated Staff

We recognize that our client relationships are the key to our past and future success. At Genesis, you can count on dealing with people with your best interest in mind. If you’re willing to place your confidence in us for your equipment needs, you can be sure we will strive every day to show that once again, you made the wise choice for your business. We need and appreciate your business, and we will earn it.

If these are things you look for in a business relationship, call us today!

We are ready to help, we will make it easy.

EASING ADVANTAGES WITH GENESIS COMMERCIAL CAPITAL

In today’s market leasing has become the financing alternative of choice for most businesses. It has rapidly become a more cost and time efficient method of acquiring the equipment that your business requires to grow. With ease of upgrades, customized terms, and low fixed rates more companies than ever are now using leasing to maintain steady growth and balance. In response to helping our clients obtain a better understanding of the benefits of leasing we have listed the various advantages of leasing below:

TAX ADVANTAGES

Qualifying lease payments are written off as made via “Off Balance Sheet Financing.” Lease payments do not have to be depreciated and instead are written off 100% on a monthly basis as an operating expense.

OBSOLESCENCE PROTECTION

Equipment life cycles are getting shorter and obsolete more quickly.  Leasing provides upgrade capabilities that standard financing does not allow. This enables clients to stay current with the technology they need and prevents them from being stuck with “out of date” equipment.

BUNDLING SOFT COSTS

Leasing allows customers to bundle soft costs with hard equipment purchases. This includes actual software, installation, service contracts, delivery, shipping, and soft collateral. Genesis even has a “Software Only” leasing plan for the companies who need to stay on the cutting edge.

100% FINANCING

Leasing does not require large down payments or capital reductions in order to secure the use of new equipment. Typically a “First and Last” monthly payment is the only financial commitment needed to begin a lease.

VARIABLE PAYMENT STRUCTURES

Leasing with Genesis allows you to match lease payments to projected revenues or to seasonal cash flow variations with a variety of structured leases: 90 day deferrals, step-down leases, seasonal payments, quarterly payments, step-up leases, and upgrade leases.

DIVERSIFIED CREDIT SOURCES

Leasing allows companies to keep their conventional bank lines freed up for use with traditional working capital lines and receivables lending. Leasing typically has lower credit guidelines than banks and allows customers to obtain up to $150,000.00 with a simple one-page credit application. Bank lending agreements many times include restrictive covenants, compensating balance requirements, additional collateral stipulations, and the ability to lien equipment and their clients assets. Leasing avoids these traditional requirements.

LEASE LINES OF CREDIT

Genesis offers lease lines of credit to customers who want to have the flexibility of drawing down on funds, as they need them throughout their fiscal year. This allows companies to budget and plan for future equipment needs.

CONTACT GENESIS AT             949-428-5529       TODAY FOR A QUOTE!

Genesis Commits Additional Funding to Automotive Services Industry

Genesis recently commits new funding to a platform designed to assist the small to medium size business obtain funding in the automotive service arena.  This area has long been a portfolio performer for Genesis and the launch will further help these types of business and suppliers of equipment grow.  Even during the current recession Genesis has continuously raised volume in all segments of the industry including:

-Engine Analyzers,

-Towing Lifts,

-Wheel Alignment Equipment

               -Compressors

               -Frame Straightening Equipment

               -Paint Booths

               -Grinders

               -Hoists

               -Car Wash/Conveyor Equipment

               -Brake Lathes

               -Pressure/Steam Washers

               -Shotblasting Equipment

               -Measurement Systems

               -Radiator Boil Out Equipment

               -Automotive Prep Stations

New advances in the technology over the past several years and in particular the new state requirements regarding emissions have dictated the need for alternative sources of financing for the industry.  Banks simply do not know this industry and how to handle the customer profile contained within.  This lends to over scrutiny and less financial funding available to the companies that are trying to expand in this area.  Our current clients include an expanding group of auto body shops, car /truck dealerships, gasoline/smog stations, general repair shops, etc.  Our primary focus on vendor/supplier and manufacturer representation has contributed to the extreme growth of our Automotive Division.  Improvements in technology have required companies to constantly upgrade outdated equipment and have also spurred increased business for our Automotive Division.  We also take pride in our specialty focus by being able to offer leasing to enable companies to acquire used equipment at more affordable prices.  Some small to mid-size companies find that the latest and greatest technology may be more than they can afford and we can assist in lining up funds for equipment that is used but may still be an upgrade for them.

Across the country, companies in the Automotive industry and especially automotive equipment re-sellers are finding that a strong financial partnership is the key to survival in these economic times.  Genesis can help them compete in the marketplace by upgrading and updating their facilities through equipment lease arrangements and working capital loans.