LCA will offer financing on HVAC systems, golf carts, keypads, office furniture, security systems, storage units and other items.
Financing will include fixed-payment options, zero-down availability and potential tax savings under Section 179 of the Internal Revenue Code, which allows taxpayers to deduct the cost of certain property as an expense when the property is placed in service.
LCA can offer SBOA members credit-turnaround times of less than four hours on applications for up to $150,000. A $1 purchase option also allows customers to own equipment at the end of the term.
More than 30 preferred vendors will offer pre-negotiated discounts on goods and services, including SBOA Merchant Services and SBOA Tenant Insurance.
The Storage Business Owners Alliance has more than 7,000 member facilities.
Founded in 1988, LCA provides flexible leasing and finance programs to resellers, distributors and manufacturers. Since its inception, the company has booked and serviced more than 88,000 leases, with an original equipment cost of more than $1.2 billion, according to its website.
This issue of Monitor celebrates the next generation of leaders in the equipment finance industry. These rising stars see the world in a fresh light, adapt to new technology quickly and challenge the status quo. But what attracts younger employees... read more
Equipment leasing and financing companies play a vital role in the U.S. economy by providing businesses of all sizes with much-needed financing options for acquisitions of equipment used in their business operations. As the COVID-19 pandemic has effectively shut down... read more