Harman Equipment Finance

There Are Many Reasons to Finance

Financial Reporting Advantages

Some Quail financing options can be structured to qualify for “off balance sheet” accounting treatment. This improves ratios and avoids lending covenant violations.

Avoid Outdated Equipment

Equipment leasing can help you stay on top of the latest advances in equipment and technology. Being able to make upgrades to newer equipment when your short-term lease is up can give your company a competitive advantage.

“100% Plus” Financing

Quail financing options can cover everything from installation to software, training, taxes, and more, so that your business can be up and running in a streamlined and simplified way.

Variable Payments

Quail can match payments to project revenues or seasonal cash flow variations to simplify cash budgeting. Lower payments or higher payments to match the equipment income production is often ideal.

Better Terms Than Banks

Bank lending agreements often contain restrictive covenants, escalation clauses, “call anytime” provisions, compensating balance requirements, cross collateralization with other assets, and the filing of blanket liens; these provisions are not found in our lending or leasing agreements.

More cash in your pocket

Cash is always King! Having liquidity gives you the ultimate flexibility and ability to act quickly when opportunities present themselves, as well as prepare for a rainy day.