I'm looking to lease equipment. What types can I lease?

With Sapphire Consultants Funding, you can lease any new or used equipment needed for your business to grow, such as:

New or used equipment

Software

Computers

Work vehicles

Office furniture

Fixtures

POS system

Note: Sapphire Consultants Funding financing cannot be used for a disposable or consumable item and it may not be resold.

How long does it take to get equipment financing?

After our fast and easy application process, underwriting time on equipment financing can take up to one month. This is a standard lease and you should expect the standard turnaround time. It typically takes 3 to 5 business days after signing the lease papers to get your funds.

Are there penalties for paying off a lease early?

Definitely not. At Sapphire Consultants, we ensure there are no such penalties. You can pay off your lease at any time throughout the lease period.

How much does it cost to get an equipment lease?

Each equipment lease is catered to you and your business because we know every situation is different. Some factors include the type of equipment to lease and credit rating. (Don’t panic if you don’t have the best credit history; this is not the main factor).

Your personal funding specialist will be able to help discuss further and answer any questions. Once they learn about your business needs, they can provide custom options. Give us a call now at (929) 409-3580 to learn more.

How will an equipment lease affect my personal credit?

Great news; your credit will not be affected. Receiving leasing help through Sapphire Consultants, there is no trade line on your personal credit – keeping it squeaky clean, unlike a traditional bank loan that negatively impacts your credit.

Does leasing offer tax benefits?

Some leases do offer tax advantages. Your tax adviser or an funding specialist here at (929) 409-3580

Can I buy equipment from multiple vendors on one lease?

Of course; we happily encourage businesses to work with the different vendors that can offer them the best solutions and products. With this equipment purchase, you can also finance, if needed for equipment purchasing:

Training

Delivery

Installation

Can I purchase used equipment from a private party?

You cannot for most types of equipment, however, an equipment lease may be used on titled vehicles.