Extra Capital | Increased Revenue | Odyssey Equipment Financing

Answers to Frequently Asked Questions

This is the perfect way to free up more money. Leasing opens up extra capital for your business. It’s a great option if you’re expanding fast or if banks’ restrictions are tight. Look:

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Always Have the Newest Technology and Most Productive Equipment

You can now offer better service, better quality of work, less downtime, increased productivity, and increased revenue.

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You Can Save Money on Taxes

You pay bank loans with after-tax revenue. Leased payments are expensed. The extra money helps pay for the equipment.

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100% Financing

In most cases, one or two advance payments are needed to initiate the loan. Odyssey Equipment Financing has money for start-up companies. We can help financing equipment for your new business frees up valuable capital and helps establish your credit.

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Getting a Hedge on Inflation

By locking in today’s low rates, your payments don’t increase even though prices have increased!

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Free Up Your Bank Line of Credit

Because you financed the equipment, you are not asking the bank for short-term loans. You still have the credit available for inventory, accounts receivable, and other short-term needs.

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Manage Fees and Charges

We can roll the extra cost in buying equipment (delivery, installation, software, etc.) into the life of the lease. Smaller payments over time!

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Work Around “Loan Covenants”

If you have outstanding bank loans or lines of credit, many banks place restrictions on them as a condition for approving your new loan.

ODYSSEY

EQUIPMENT FINANCING

John Torbenson, President and CEO