Patriot Golf Cars offers both financing and leasing to business customers through a number of lenders which we have established relationships.  We will walk you through the process and help you decide which option is best for your business.  Ask our sales representatives for more information!

BUSINESS LEASING
“The Smart Way For any Business To purchase Equipment!”

The Basics on Leasing:

Who can lease?
Any sole proprietorship, partnership, corporation, or subchapter S corporation.

What can be leased?
New or used equipment used in a trade or business or held for the production of income.

What is the term of the lease?
A lease is usually structured from 1 to 5 years. In fact, 8 out of 10 businesses lease some or all of their equipment. This is a lease to own.

Here are some Benefits of Leasing:

• Does not require a large up front sum of cash, which helps you conserve working capital.
• Allows you to manage your cash flows by locking you into one fixed monthly payment.
• Flexible lease payment terms designed to fit your company’s needs.
• Allows you to keep your existing line of credit available for other needs.
• Allows you to stay competitive by acquiring the latest technology today in an affordable monthly payment.
• Leasing can provide a tax benefit because lease payments are often fully deductible as an operating expense.

What do you need to apply for business leasing or financing?

1. Completion of a simple credit application from the lender which we will supply.
2. If financial statements are required (usually for requests over $50,000) you will normally only need to provide the lender with the last two years; balance sheet and income statements and any interim for the current calendar year (if available).