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EQUIPMENT/STRUCTURE LEASING
( US )
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Agroponic
Industries Ltd.
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LEASING
INFORMATION
Account
Application
Color
Photo's
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 Equipment
/ Structure Leasing (
United States - Only )
For US
clients, we offer the services of First Sierra Financial
Inc. First Sierra Financial Inc. is a full service
national equipment leasing company based in Houston,
Texas. They are extremely knowledgeable about our
greenhouse industry and can tailor a plan specifically
for your needs.
What
They Require - to Approve a
Lease
3+
years in business
- Up
to $75,000 : Application Only
- Over
$75,000: credit application and full financial
statement.
2-3 years
in Business
- Up
to $35,000 : Application Only
- Over
$35,000: credit application and full financial
statement.
0-2 Years
in Business
- Credit
application and full financial statement package (
if available ), personal financial statements, and
business plan.
How it Works
- To initiate a lease just call us or fill on
line form below. Also make sure to make a reference
with our quotation number.
- On our receipt of the above we shall forward to
the leasing company a copy of your quotation, your
name, phone number, fax number and or email.
- First Sierra Financial ( Greenhouse
Representative ) shall then contact you and arrange
to send a fax application form for your
completion.
- They generally make a credit decision with in
24 hours.
- They prepare the lease documents and send to
you.
- You send back the signed completed lease
document and deposit.
- And we ship the items to you that are are
included in the lease.
- Its quite simple.
How to Get Started
Send/email the form below and we'll make sure
that a First Sierra Lease Appplication form is sent or
faxed to you. The application is simple, just a one
page lease application form.
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FULL PAY-OUT LEASE
For those who are fairly certain they wish to purchase the
equipment at the end of the lease term, this is the recommended
plan. At the end of the lease term, the equipment is simply
purchased for a $1.00.
10% BUY-OUT LEASE
This plan allows to to enjoy lower monthly payments, than
the FULL PAY-OT plan, by deferring 10% of the original cost to
the end of the lease.
FAIR MARKET VALUE ( TRUE LEASE )
This plan offers the most options during and at the end of
the lease term. A TRUE LEASE allows the most cost to be
deferred to the end of the lease, when a decision to retain or
upgrade the equipment can be made. AT lease end, the equipment
can be purchased, returned, or the lease extended. If you
choose to purchase the equipment, any security deposit will be
applied to the price and First Sierra will offer to finance the
remaining balance.
Either of the above plans generally require a first and last
payment in advance and a small documentation fee.
TERMS AND STRUCTURES
Terms are available from 24 to 60 months on most equipment.
These are several types of lease structures available. To be
certain as to which one best fits your needs please consult
with First Sierra Account Manager.
Q: Why lease ?
A: Leasing is the smart way to add all types of equipment to
need your business needs.
Q: Who can Lease ?
A: Any company, orgainzation or association. First Sierra
cannot lease equipment to an individual for personal use.
Q: Is a down payment required
?
A: Only an advance lease payment or a security depsoit is
needed. Generally equal to the first and last months lease
payment.
Q: Can the equipment be upgraded
?
A: Yes. One of the features of a lease is that you don't run
the risk of obolescence. As technology advances and your
clients needs changes, your leasing agreement can change
too.
Q: What about insurance
?
A: For protection of our leasees, the equipment must be
insured. Insurance can be provided by the lessee's insurance
company or we can provide insurance coverage for you.