Here at BioSurplus, we are committed to finding the best equipment solution for you. In an effort to provide flexibility to our customers, BioSurplus is proud to have partnered with North Star Leasing Company.
For all equipment purchases of $5,000 or greater, North Star will work with you to find a financing option that fits your budget. The application process is fast and simple, and North Star’s team of representatives will be sure to answer any and all questions in a timely fashion.
Benefits to Financing:
- Free Up Working Capital
- Funding long-term fixed assets via financing prevents the exhaustion of cash balances, thereby allowing your capital to be utilized for other revenue-generating expenses.
- Protect Your Line of Credit
- Leasing does not show as a liability on your balance sheet and has no impact on your bank credit lines, preserving your borrowing power for other business needs.
- Gain Tax Advantages
- Lease payments may be 100% tax deductible as opposed to only depreciation and interest deductions for bank financed equipment, resulting in a full write-off over the term of the lease.
- Lower Payments and Flexible Terms
- Flexible terms from 12-60 months, seasonal leases, and custom programs enable you to match monthly lease payments with income against income producing months and help get you a monthly payment that you can afford.
There is no penalty for early payoff, and equipment is owned at the end of the term.