Financing

One Financing Source - Multiple Solutions:

Before you decide to purchase a new or used Harben jetter, there are good reasons to consider lease financing as an alternative. If this is your first jetter, leasing will help jump start your business by preserving operating cash flow for operational requirements. You can operate your jetter usually with less money down and a lower monthly payment than with traditional financing.

And, leasing may provide tax advantages by permitting all costs to be expensed during the lease period. Choose a lease plan that increases the margin of projected operating income over monthly lease payments. At the end of your lease, select from several purchase options or simply return the equipment with no further obligation.

How Lease Financing Works:

When you lease a trailer, truck or skid mounted Harben jetter, your monthly payment recovers the calculated depreciation of the equipment's original value (its capitalized cost) during the lease period, plus a service fee. That means you pay only for the portion of the equipment's worth that you expect you will use. And, in determining the equipment's capitalized cost, you'll be able to include the cost of all tools and accessories needed to operate the machine plus sales tax and freight costs. Lease jetting equipment, video inspection systems or accessories valued from $3,000 to $150,000.

Choose from several lease financing plans. A limited term lease allows you to deduct 100% of the monthly lease payment as an operating expense without incurring an obligation to purchase the equipment at the end of the lease period. Or, as an alternative, you can adjust the residual value of the equipment financed to assume full depreciation of the truck, skid or trailer jetter within the lease term, allowing you to buy-out the lease contract at the end of the lease contract for $1.00. As an alternative, you may choose to specify a residual value of up to 10% of the original transaction amount. A capitalized cost reduction option, similar to a down payment, also can help reduce your monthly payment.

Our leasing consultant will be pleased to help you structure a program suited for your tax and financing needs. These include master leases for companies that anticipate adding equipment throughout the year, a "Young Business Program" for startup businesses and deferred or step payment plans designed to match anticipated revenues at the start of the lease with financing costs.

Getting started:

You'll be pleased to know that the lease plan you choose and its cost are not influenced by expected hours of use or miles traveled, typical of vehicle leases. Remarketing risks are low because Harben jetters hold their value over many years. This allows our financing partners at Tri Star Capital to focus on your credit worthiness and business skill in structuring lease terms.

To save time, you can even apply for approval of your lease on-line. Start by completing the short Credit Application form provided by Tri Star Capital. Then, discuss lease financing options with a Tri-Star Capital Account Executive. We're looking forward to helping you succeed.

* Harben is a registered trade mark of Flowplant Group, Ltd., the parent company of Harben, Inc.