Big Rig Truck Financing & Leasing

Truck Financing and Leasing

If your business is trucking we can help you build your fleet. We offer financing options to help you grow you’re trucking business.

Leasing offers your business a broad range of commercial truck financing options. We are excited to offer financing commercial work trucks, light duty and medium duty trucks for large and small business owners.

We believe that commercial work programs are essential to the success of a commercial business owner's ability to deliver their product to customers. We offer several financing options and services to offer too small to medium sized trucking companies.

"A" Credit: Trucking companies with good business credit history and owner operators with personal credit scores above 700, three or more years of experience, and a solid payment history for their previously financed trucks and trailers, will obviously enjoy the most favorable market rates.

"B" Credit: (Credit scores between 650 and 700) Offers many of the same benefits as our "A" credit

Our second chance program can help Fleet Owners and Owner-Operators that have personal credit scores as low as the mid-600s, if they have resolved most of their current credit problems and provided they have started re-establishing credit as a result of making regular on-time payments to their current creditors.

Whether you are acquiring additional equipment or just want to refinance the trucks & trailers you already have financed, we can help.

We can also turn any existing equipment that is already paid for into a source of working capital by offering you a Sale-Leaseback. TRAC (Terminal Rental Adjustment Clause) Leases can help fleet owners better manage their cash flow by providing lower lease payments and the possibility of a cash rebate at the end of the lease.

At the beginning of a TRAC Lease a residual amount is chosen, say 20%. The lease payments are then only based on the 80% of the equipment that is financed, thereby lowering the monthly payments. At the end of the lease you will have three options:

Purchase the vehicle for the Residual Amount.

Extend the lease by financing the Residual Amount.

Turn in the vehicle and be eligible for a "Rental Adjustment" based on the sales proceeds of the vehicle.

Whether you need two trucks or two hundred,  Equipment Leasing has the finance options to assist you with acquiring the equipment you need to operate your business.

I will be happy to discuss your needs and see how we can help you get he trucks you need. Help is a phone call away! 

Contact:

Bob Bruton
888-658-6669

Factoring Receivables

Factoring, 101 The Secret To Cash Flow

Cash flow is a problem for most businesses. In fact, it's the reason why most businesses fail. Receivables just don't come in fast enough to meet cash flow needs.

Factoring is simple, cost effective solution for your cash flow needs. Remember, factoring is not a loan. it is the purchase of Accounts Receivable at a discount. Companies factor their invoices for a multitude of reasons.

The "Growth" Factor - The Company has growth opportunities and needs cash for working capital (the growth in Accounts Receivable).

The "Time" Factor - The Company is in a transitional period financially and needs working capital to buy time for turnaround measures to be implemented and/or take effect.

FACTORING BENEFITS

Factoring enables businesses to maximize their cash flow by receiving funds early for their receivables. The process is simple. We PURCHASE (not a loan) invoices from the client, enabling them to get the majority of their money, tied up in accounts receivable, immediately (generally 80% advance or higher).

Bruton Capital client managers go to work to ensure these invoices are collected in a timely manner. The reserve (20%) less fees go to the client, invoice-by-invoice, on a weekly basis. Easy and Simple.

In essence, the client out sources it's credit and collection department. In doing so, they not only get their money more quickly but they realize many other benefits as well:

1. Credit Investigation: Provides a safety net minimizing risk of doing business with slow-pay or no-pay customers. Through risk management losses are minimized
2. Invoice Ledgering & Accounting: We provide our client with full accounting of all activities done on their behalf with a simple ledger that can be downloaded from our client web site directly into their booking software, thus reducing accounting cost.
3. Immediate Funding: Typically 80% of invoice value in as little as 24 hours.
4. Follow-up & Collections: We follow up on invoices to for timely payments, which reduce personnel and factoring.
5. Aging & Other Reporting: 24/7 State of the art reporting on our customized client web site. You can go in for invoice factoring whenever you need instant cash for meeting expenditure.

One bit of information that you must know beforehand is that in invoice factoring, your recoverable amounts themselves are the collateral, and you need no further securities.

We're an ideal silent partner that provides the capital, so you can run your business your way. If you ask for advice, we're ready to share our diverse knowledge and experience.

Our success comes through years of financial experience, but we leverage our corporate experience dealing with day-to-day business capital issues to ensure your factoring success.

We serve a variety of industries and companies of all shapes and sizes, but the bottom line is that all of the companies we serve have two things in common:

1. They believe that their people are driving their success.
2. A successful corporate culture is in the eye of the beholder. If it works for the company, the employees, shareholders, and customers - it works.

Contact Robert Bruton
888-658-6669

Vendor Leasing Program

If you are a vendor who sells your equipment to businesses, you are missing valuable opportunities if you are not currently offering lease financing to your customers through our multi level credit scoring model. We have 7 different ways to say yes to your customers.

Our monthly lease payment is based upon the credit quality of your customer, the better the credit, the lower payment.

This gives you the ability to provide competitive payment options to all your customers including new businesses.

We work directly with you, the equipment salesperson, to assist you in closing more sales, by providing:

Flexible Payment Options

Leasing structures can be tailored to cash flow. Payment options include seasonal payment skips, deferred payment, and step-up payment plans.

Pre-Funding For Qualified Vendors
Our ability to pre-fund your transactions affords you much more flexibility with your existing working capital.

Customer Sales Assistance
A representative is always available to provide assistance on customer sales calls to handle those critical negotiations.

Personalized Service
Just submit your prospect's name and phone number and we do the rest. We want to make your job of selling equipment easier.

Fast Processing of Transactions

Avoidance of a "lump sum" payment by providing easy-to-afford monthly payments

• Tax advantages for your customers
• Invaluable "up-sell" opportunities
• Fast credit decisions
• Pre-fund opportunities

Increase your value to your customers by providing financing alternatives in addition to the above benefits. Providing lease financing for your customers through. Leasing lets you sell equipment to customers who previously would not be able to finance for a variety of reasons including:

• Start-up businesses
• Prior bankruptcies
• Prior credit problems
• Difficult industry/equipment types

Call me today to discuss your needs! 

Robert Bruton

888-658-6669

Why Use Leasing Companies Instead Of Your Bank

Just had a customer three months ago decide to go to their bank to get a loan on equipment because the rate. I went over all the benefits of leasing but they were stuck on rate. (As customers with good credit are) 

Just today he called me and wanted to know if I could refinance his equipment because the bank is reporting the equipment on his personal credit and dropped his score from 746 to 671 because of his debt to income ratio. 

Also the equipment is on his balance sheet making it hard for him to get approved on more equipment needed. This is a good example for a business owner who was trained his whole life lower rates are better, but when it comes to equipment for your business even though a lease may cost you slightly more at the end of term the benefits are much greater than a bank loan in most cases.

Be sure to consult with your tax advisor prior to making any equipment  acquisitions, as they will guide you as to which best fits your needs.

Contact us to find out how your business can benefit from leasing needed equipment. 

Contact:

Robert Bruton
888-658-6669