Frequently Asked Questions
Why should I do business with Creekview?
What is a lease?
What types of businesses lease?
What actually can be leased?
What is the actual lease process?
Why should I do business with Creekview?
This answer may surprise you. We are not going to tell you we are the absolute fastest, our price is the absolute cheapest and we will approve absolutely any request. We both know we could not be all of these and remain profitable for very long. However, what we will tell you is we are very competitive in all of these areas, and we are focused on you, not us. Quite simply, we know that without this combination, you ultimately would not be happy with our financing solution and you likely would not work with us more than once. We want you to be happy not only the first time we work with you, but also the second, the third…
What is a lease?
A more technical definition of a "lease" is:
A transaction between a lessor and a lessee in which the lessor transfers possession and use of property for a consideration, but retains all right, title and interest in and to the property over a specified term after which the property is returned to the lessor.
In more understandable terms, the definition of a "lease" is:
A contract for the use of one or more specified pieces of equipment for a specified period of time in exchange for specified payments that are set and agreed to up front.
There are two key parties in a lease contract:
Lessor – Makes the initial cash outlay to become the owner of the equipment that is to be leased.
Lessee - Uses the lessor's equipment, for a fee, and thus enjoys the benefits received from using it.
What types of businesses lease?
All kinds of businesses lease equipment, from the small “Mom ‘N Pop” businesses to professional practices and large multinational companies. According to industry and government statistics, 80% of U.S. businesses lease all or some of their equipment. Think about it. If your business happens to be one of the 20% that are not currently leasing their equipment, wouldn't it be wise to learn what the other 80% of businesses already know?
Growing businesses utilize leasing as a means to obtain a competitive advantage in their industry or, at a minimum, to remain competitive with their competitors who are most likely leasing. Leasing, as compared to purchasing, actually gives you the best of both worlds: 1) you can enjoy the use of latest technology equipment to maximize your profitability, and 2) you avoid depleting critical cash reserves or tying up valuable bank lines of credit.
So, if you’re not leasing now, chances are very good that you will be soon. Contact Creekview to see if leasing is right for you.
What actually can be leased?
The list of what can be leased is almost endless. Below is just a sample list to show the types of equipment, furniture, software, etc. that can be leased. If you do not see yours listed, please Contact Us to see if we can help you. We are fairly confident that we can.
Automotive
Computer
Construction
Health Care
Dental
Industrial
Manufacturing
Medical
Office Equipment
Furniture
Fixtures
Food Processing
Packaging |
Material Handling
Point-of-Sale
Printing
Recycling
Remediation
Shelving
Signage
Software
Surveying
Telecommunications
Test Systems
…and much more |
What is the actual lease process?
At Creekview we are committed to keeping the lease process simple and fast so you can get the equipment you need and start getting the benefits from it as soon as possible. Most requests up to $75,000, and some up to $150,000, are application only and do not require financials. Generally, requests over $75,000 require financial statements and tax returns along with your application.
Only 6 Simple Steps:
- You complete and submit the lease application.
- We help you determine which lease plan and options is best for your specific situation.
- Upon credit review and approval we send you the lease paperwork for your review.
- You approve and return the lease paperwork with any required advance payments or security deposit.
- We send the purchase order to your vendor for the equipment you selected.
- We deliver payment overnight to the vendor once delivery, installation and acceptance of your equipment is verified.
To begin the process now, it’s simple. Go to the Apply Now page and complete the online form or download the .PDF document and fax it back to us. Please Contact Us if you have any questions and we will be happy to help
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