Financing Options

LBA has partnered with North Star Funding to offer financing for domestic domestic equipment purchases.

North Star Funding

North Star Funding Corporation is a nation-wide leasing company based in San Diego, California, which specializes in small to mid-sized leases. North Star can lease virtually all equipment from computer software to hard assets.

North Star Funding provides financing for equipment between $5k to $5M.

The length of an equipments lease is 12, 24, 36, 48, or 60 months.

Additional financing programs may be available - contact your LBA Sales representative

LBA Customer Application pdf

LBA Customer Application doc

 

Why Lease?

Leasing allows a business to have its own equipment for practically pennies per day. Now there is no excuse not to have the equipment you need for your business.

Leasing pays for itself. Your profits come from the use of equipment, not the ownership of it. When you lease a point-of-sale system, it earns its worth because you pay for it as you use it.

NOW THAT IS EFFECTIVE COST MANAGEMENT.

Leasing provides the following benefits:

  • 100% Financing: "Soft costs" such as installation, shipping and training can be included in your monthly payments.
  • Ability to conserve precious capital: Lease equipment and invest cashin other aspects of your business where it can generate higher returns.
  • Allowfor valuable credit lines to remain untouched: With a lease, your borrowing capacity with banks and other lenders remains available for operating needs.
  • Minimal down payment required: In most cases, we simply require one or two payments down.
    Tax benefits of leasing: Current Section 179 Depreciation rules allow you to expense the first $250,000.00 in equipment/ software acquisitions. In most cases, you will be able to deduct the entire cost of the system the first year. This applies to leases with a one dollar or ten percent purchase option. If you prefer to structure your lease as a Fair Market Value purchase option, you can deduct your monthly payment as equipment rental expense. Consult you tax advisor for more information.

 

LBA offers International financing in partnership with EX-IM BANK.

International Financing may be available from Export-Import Bank of the United States.  Speak to an LBA sales representative for details.

Export-Import Bank logo

The Export-Import Bank of the United States (Ex-Im Bank) is the official export credit agency of the United States. Ex-Im Bank's mission is to assist in financing the export of U.S. goods and services to international markets.

Ex-Im Bank provides export financing products that fill gaps in trade financing. We assume credit and country risks that the private sector is unable or unwilling to accept.

Ex-Im Bank provides loan guarantees and direct loans (buyer financing). No transaction is too large or too small.

With more than 70 years of experience, Ex-Im Bank has supported more than $400 billion of U.S. exports, primarily to developing markets worldwide.

Contact your LBA sales representative for details.

 

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