How Credit Card Equipment Leasing Services Can Improve Your Business - PowerPoint PPT Presentation

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How Credit Card Equipment Leasing Services Can Improve Your Business

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Discover how credit card equipment leasing become the preferred method for your business. 80% of businesses in the U.S. will prefer this method. – PowerPoint PPT presentation

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Date added: 16 June 2020
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Title: How Credit Card Equipment Leasing Services Can Improve Your Business


1
How Credit Card Equipment Leasing Services Can
Improve Your Business
2
Credit Card Equipment Leasing Services
  • If you are a small business owner, you understand
    the importance of Credit Card Equipment Leasing.
    By purchasing equipment, it will affect your
    substantial cash flow. This equipment leasing
    will also keep your business functioning at
    optimal performance also to meet increasing
    demand. This equipment leasing concept is we will
    lease equipment for a specific period of time as
    per the merchants option. Once the contractual
    time got over, we must return the equipment. This
    is also considered to be a popular solution among
    small business owners.

Call 1 (866)-811-1005
3
How Does Credit Card Equipment Leasing Works?
  • Equipment financing also called a loan used to
    purchase business-related equipment, such as a
    restaurant utensil, a vehicle or a scanner.
    Credit Card Equipment Leasing will enable us to
    handle the terminal only for a specific period.
    This periodic payment includes interest and
    principal over a fixed term. Equipment financing
    is quite different from equipment leasing,
    wherein you pay the owner of the equipment
    periodic rent for use of the equipment over an
    agreed-upon period of time. At the end of the
    leasing term, unless you agree with the owner on
    renewal terms or a buyout, the equipment is
    returned to the owner.

Call 1 (866)-811-1005
4
Advantages of Credit Card Equipment Leasing
  • One of the most effective advantages in leasing
    is that the lease allows you to open the cost of
    your purchase. Equipment leasing also makes your
    total cost more effective. 
  • Credit Card Equipment Leasing requires only one
    advance payment and a documentation fee prior to
    the start of the lease.
  • New equipments come standard with a
    manufacturers warranty, improved security
    features, faster speeds, and improved
    functionality options.

Call 1 (866)-811-1005
5
  • Things to be Noted When You are looking for
    Credit Card Terminal Leasing

Interest Rates The biggest cost you will run
into with financing should be the interest rate
. Generally , lesser is better , but make sure
you must know how often and in what way the
interest rate is applied.
Origination Fee Similar with loans, but unusual
with leases, this is a fee thats applied up
front. In most cases, it is reduced from the sum
of money you receive when you get your capital.
Call 1 (866)-811-1005
6
  • Administrative Fee This can be rationalized in
    any number of ways by your equipment financer.
    But it is a fee charged for servicing your
    account. It may be charged once, or at some
    intervals.
  • Down payment The percentage youre expected to
    spend out of your pocket towards the equipment
    youre buying. Common with equipment loans. With
    leases, there normally isnt a down payment, but
    you may be expected to pony up the first and last
    months payment up front.

Call 1 (866)-811-1005
7
  • Monthly Payment The amount of money youre
    expected to spend in each billing cycle, usually
    monthly. In the case of credit card equipment
    leases, the higher your payment, the lower your
    residual will be.
  • Residual An amount leftover at the end of your
    lease that you pay if you decide you want to own
    your equipment. The lower your residual, the
    higher your payments will be.

Call 1 (866)-811-1005
8
Final Thoughts
  • Equipment leasing is an excellent source of
    capital to securing essential use equipment and a
    good alternative to a cash purchase or leveraging
    a line of credit funds that are best preserved
    for operating your business or to cover
    unforeseen expenses. Merchant Industry is one of
    the Best Credit Card Equipment Leasing Company in
    New York. Their equipment leases include access
    to their first-class customer support.  Our lease
    prices vary depends on a terminal and the
    duration of the lease period.

Call 1 (866)-811-1005
9
THANKS!
  • Website www.merchantindustry.com
  • Phone 1 (866)-811-1005
  • Email Id info_at_merchantindustry.com
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