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"The key to UELC is our ability to create strong working relationships with our customers."
Allen Raines, National Sales Manager, UELC |
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"UELC provides the industry’s best sales and administrative support to service our customers and make customer service our number one focus."
Tracey Fischer, Administrative Supervisor, UELC |
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"UELC has become critical partner in our business. Their willingness to understand our company and create strategic programs for renting and leasing options is unparallel in the industry." |
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Customized Leasing Utility Equipment
UELC’s thorough understanding of each customer’s needs and objectives is the key to matching appropriate financing/leasing products to each specific requirement. We listen, evaluate, and recommend flexible financing solutions at competitive rates. The range of equipment financing products offered by UELC includes the following:
| Operating Leases |
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Sale-Leasebacks |
| Capital Leases |
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First Amendment Leases |
| Lease Lines of Credit |
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Municipal Financing |
| Equipment Loans |
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TRAC and Split TRAC Leases |
We recognize that our customer’s needs vary depending on the nature of their business and their objectives for the equipment to be financed. UELC’s equipment financing solutions produce a wide range of benefits, including:
- One Convenient Source- UELC is your single source for all your equipment and equipment financing needs.
- Preserves Cash- Pay only for the use of the asset, not for the ownership; avoid tying up capital in assets, keep capital to build your business.
- Preserves Liquidity- No down payment – up to 100% financing.
- Cash Flow/Budgeting- Receive longer-term, fixed-payments and potentially lower payments; the equipment pays for itself.
- Alternate Source of Capital- Existing bank lines of credit are not impacted.
- Off-Balance Sheet Source of Funds – Improve ROE, ROA, and many other financial ratios by utilizing lease financing instead of borrowing.
- Tax Advantages – Lease payments may be expensed depending on the structure of the specific financing. Leasing helps avoid Alternative Maximum Tax.
- Equipment Obsolescence – Avoid the risk of ownership and disposing of equipment that is no longer technologically useful or valuable. Upgrade, trade-in, and return provisions provide maximum flexibility.
- Avoids Capital Budget Constraints – Acquire needed equipment outside of the capital budget. Lease payments usually are paid out of the operating budget.
Information on our insurance requirements can be found here.
Download our Credit Application here. |
