Lease and Equipment Financing

SERVING YOUR AREA

Ready to improve or build your food service operations? Contact us to talk to one of our experts right away!

Rapids Financing

We work with you to make your dreams become profitable!

Advantages of Lease Financing

Lease financing is a smart choice for many business for a variety of reasons:

  • Improve cash flow – cash flow allows you to make better investment decisions, which in turn can make you more successful!
  • 100% tax deductible – the IRS tax code allows you to deduct the full purchase price for equipment purchased or financed in the current tax year
  • Improve banking relationships – leasing helps you build your credentials with your bank, and lets you keep lines of credit open
  • Affordable payment – you can choose from a variety of payment terms (ranging from 24 to 60 months) to ensure the best fit for your business

LeaseStation: Designed For You

One of the goals of LeaseStation is to make the leasing process as easy as possible. They use one-page applications to streamline the application process, as well as simplified documentation to help you understand exactly what you are applying for.

LeaseStation also offers accelerated approval times, because every second you have to wait to buy that new refrigerator or range is a second too long. LeaseStation knows that getting your new equipment installed quickly is crucial to the success of your kitchen or bar.

Additionally, they offer variable payments (so your payment plan fits the demands of your unique business), and can structure leases to meet FASB requirements for “off balance sheet” accounting treatment.

ADVANTAGES OF LEASING LEASE BANK LOAN CASH
Can I get approved now without extensive financing statements? X (Full Payment Required)
Can I defer payments until the equipment is installed correctly? X X
Can I avoid financial reporting? No, Shows Debt on Balance Sheet (Full Payment Required)
Can I have no cash outlay or down payment? No, Banks Require a Downpayment X
Can I match monthly payments to current cash flow requirements? X X
Can I buy equipment quickly? X (Full Payment Required)
Can I purchase used equipment? X (Full Payment Required)
Do I have ownership options at the end of the term? (Ownership Only) (Ownership Only)

QUICK AND EASY APPROVAL PROCESS

Click Apply Now

Complete Short Credit Application and Get Approved!

LeaseStation Emails Lease Documents

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Simply Fill Docs Out and Sign Accordingly

Fax or Email the Docs Back to LeaseStation

You're Done!

Verbally Verify Arrival of Your Equipment

equipment financing

SIX REASONS TO USE LEASING

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QUICK & EASY

LeaseStation leases feature simplified documentation, easy one-page applications, accelerated approval times, and more.

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100% PLUS FINANCING

LeaseStation leases minimize your initial costs and allow you to earn profits from your new equipment faster.

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VARIABLE PAYMENTS

Lease payments can be matched to project revenues, seasonal cash flow variations, budget limitations and other challenges.

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FINANCIAL REPORTING ADVANTAGES

LeaseStation can structure leases to meet FASB requirements for “off-balance sheet” accounting treatment.

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DIRECT TAX EXPENSING

Payments are written off as they are made for companies that do not qualify or choose not to employ the Article 179 alternative.

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AVOIDING BANK RESTRICTIONS

Leases do not include blanket liens, restrictive covenants, rate escalator clauses, “call anytime” provisions, compensation balance requirements, or any of those other nasty little surprises that tend to be a part of traditional lending arrangements.

LET'S FIND YOUR SOLUTION

Rapids Contract serves the United States with locations in Iowa, Minnesota, and Missouri!

Get in touch with one of our experts and let us know how we can help with any of your foodservice needs.

Talk to one of our experts right away and get immediate assistance. We are open Mon - Fri, 8am - 5pm CST.

Get in touch with one of our experts and let us know how we can help with any of your foodservice needs.

Talk to one of our experts right away and get immediate assistance. We are open Mon - Fri, 8am - 5pm CST.