First Touch Consulting works with the top financial leaders including Private Lenders, Banks, Credit Unions, and powerhouse FinTech Companies to bring solutions to any financing need.
- Small Ticket transactions up to $75,000
- Mid Ticket transactions from $75,000 – $500,000
- Large Ticket transactions from $500,000 – $50,000,000
Leasing offers many advantages to assist in using your capital into other areas of your business. As well as including soft costs such as maintenance, installation, and training.
Capital lease, typically known as a $1 Buyout or 10% Purchase Option, acts more like a loan where the asset stays on the customer’s balance sheet, which allows your customer to claim tax benefits. Payments are higher than an operating lease since the customer is paying more toward the balance and plans to own the equipment at the end of the selected lease term. A capital lease is long-term financing and perfect for equipment with a longer lifecycle of 10+ years.
Operating lease, typically known as a Fair Market Value (FMV) Purchase Option, acts more like an equipment rental where the equipment payments are considered as operating expenses and not tax deductions. Payments are less than a capital lease since the customer has the option to return the equipment at the end of the lease term, purchase the equipment at the end of the term at the then FMV price, or continue with a new Operating Lease term. An operating lease is short-term financing and perfect for technology-based equipment with a lower lifecycle of under five years.