Netlease.com offers a wide range of products and programs
Startups and Newer Businesses
For startups and businesses that have been operating less than two years under current ownership, application-only programs are available up to $50,000— with full disclosure up to $500,000 or more! For medical startups, National provides preferred pricing for new medical professionals.
Due to restrictions on startup and newer business programs it is suggested you contact our fulfillment center.
Used Equipment
Used equipment leases can be acquired for up to 60 months. Condition Reports should be submitted at time of application for all used equipment. Color photographs are sometimes requested. And National pays 100% before delivery!
Web site and Software Leasing Programs
For many businesses, software investments can substantially outpace the cost of computers. Software is generally licensed from the developer and software leases are almost always written with a $1 buyout. Web site leasing programs offer up to $25,000 for site development.
Software, hardware and design services can be purchased. Maximum term is 48 months. These transactions are subject to a non-standard rate schedule. Please our fulfillment center for details.
Long-Term Equipment
Long-term equipment loans are made available for terms of 15 years for new equipment and 10 years for refinanced or used equipment, with 95% to 100% financing available, depending on the term. This type of loan is mainly for manufacturing or for production processes. The transaction range is $100,00 to $2 million.
Applicants should have three (3) years in business under current ownership and a revenue base of $1 million to $20 million with clean business and personal credit reports.
Sale Lease-Back
Sale Lease-Back purchases enable you to sell owned equipment to the bank for a lump sum payment and then lease the equipment back. The equipment must be owned free and clear of any liens. Restrictions may apply for used equipment.
Deferred Payment
Deferred payment programs enable you to defer or reduce some early payments to quickly get your new equipment working to your benefit. Ninety-day (90-day) deferred payment programs usually require the first payment, then defer your payments for three (3) months or apply a minimal fee, such as $25.
Step Payments and Skip Payments
Step payment programs offer a reduced payment early in the lease. Payments then increase as the lease progresses. Skip payment programs allow you to defer payments for seasonal businesses during traditionally slow months.
Receivables Financing
Receivables financing provides capital for companies with outstanding receivables but little cash. For new companies this could be a valuable short-term solution.
All requests are considered that are accompanied by a full financial package*.
A Full Financial Package Includes:
- Completed lease application
- Company tax returns for the past two (2) to possibly three (3) years
- Interim P&L and balance sheet for the current year
- Personal tax returns of the owner for the past two (2) to possibly three (3) years
- Personal financial statements for the current owner
Types Of Leases
