equipment leasing to finance your franchise nefbn 09/20/05 by: thomas meehan senior lease...
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EQUIPMENT LEASING TO FINANCE YOUR FRANCHISE
NEFBN 09/20/05
By: Thomas Meehan
Senior Lease Consultant, Lease One
(508) [email protected]
Why Lease?
I am a CPA and have worked as a CFO for 20 + years. In my experience:
The most successful privately held small, medium and large business.
Always conserve their personal\company cash and leveraged their assets.
Can you use Leasing to Finance your Franchise
If you use equipment in your franchise.
Retail store equipment, displays Office furnishings, equipment Restaurant or food service equipment Computer, communications equipment Transportation equipment Etc…
Benefits of Leasing
Lease and Remember. Income Is Not Generated From Ownership of
Equipment; It Is Generated By The Use of It!
Lease And Conserve Capital. Cash Remains Untouched, Leaving It Available
For Other Uses or Simply In Reserve.
Benefits of Leasing
Lease and Secure 100% Financing. With Leasing There Is No Down Payment As
Required With Conventional Financing Lease And Get Better Terms And Lower
Payments. Equipment Can Be Leased For A Considerably
Longer Period of Time, Affording A Much Lower Monthly Outflow of Cash.
Benefits of Leasing
Lease and Save Bank Lines of Credit.
Leasing Can Protect Your Credit Line Facilities So That They May Be Utilized For Other Profitable Purposes.
Equipment Issues
Cost Useful life Soft costs
Installation cost Programming
Commercial Use No Inventory / Floor
Planning
Franchiser Services
If I Could Put a Program In Your Sales Arsenal That Would Allow Your Sales People To Sell A Payment Versus The Total Cost, Do You Think They Would Make More Sales.
Offer Leasing as a Branded Service to Your Franchisees. This may help make more sales by answering the price
objection. Your Staff Control the Sales Process
Pattern For Successful Funding
Adequate Cash Flow Good Trends Good Collateral Reasonable Leverage Time in Business
Lease Consulting
Bring Parties Together Create a Structure to Meet the Funding
Source Requirements Overcome Negatives Prepare a Professional Package Enhance communications between parties
Closing
Leasing for start up or expansion of a Franchise Use Equipment Don’t Own It. Longer Term Monthly Payments Conserve Capital No Down Payment
Leasing as a Franchiser Service Make More Sales
Thank You For Your Time
Contact Information
Tom Meehan
Senior Lease Consultant, Lease One
254 Concord Street
Holliston MA, 01746
(508) 380-0353