Our simple, convenient leasing program, through GSG Capital, is designed specifically for organizations to handle transactions in excess of $3,000. GSG Capital is a full service leasing company that has offered expertise in leasing since 1979.
There are many reasons why organizations choose to lease rather than purchase or take out a bank loan:
- Easy application process- Our one-page application is concise and easy-to-complete. Your Varsity sales representative will be glad to assist you.
- Leasing is flexible- Different organizations have different needs, different cash flow patterns, and different streams of income. Your specific conditions may help define the terms of your lease.
- Convenience- Leasing is often simply more convenient than alternative means of financing. Documentation is simpler and more flexible than other sources of capital such as debt and equity.
- 100% Financing- Leasing provides 100% financing (which may include shipment and installation charges), while typically an asset loan requires an initial down payment.
- Collateral- When you lease, the equipment is the collateral. If you take out a loan, you will be asked for additional collateral as security on the loan.
- Fixed Payments- A predetermined rent payment schedule permits you to more accurately predict future capital costs and cash needs. In addition, by leasing major asset items, you will know the exact amount of future payments and will avoid the risks inherent in fluctuations affecting the cost of funds.
Contact your Varsity sales representative toll-free at 1-866-575-0577 for more information regarding excellent leasing options designed to meet your particular needs.