Geneva Capital
About Us
Geneva Capital is a full-service provider of equipment financing to the graphics arts industry. We focus on providing competitive and creative financing to the screen printing, embroidery, digital, sign, awards and engraving markets. Geneva Capital understands your industry and the equipment you need to run your business.
Leasing Helps with Tax Positions
The IRS does not consider an operating lease to be a purchase, but rather a tax-deductible overhead expense. Therefore, you can deduct the lease payments from your corporate income. Also, because lease payments are treated as expenses on a company's income statement, equipment does not have to be depreciated over five to seven years.
Leasing Improves Cash Flow
Lease payments are historically lower than loan payments, hence conserving cash for other uses. Lessors often pass the tax benefits of ownership on to the lessee in the form of lower monthly payments. Also, by leasing equipment you know the amount and number of lease payments over the life of the leasing period, so you can accurately forecast cash requirements for your equipment.
Leasing Is Convenient
Lessors offer master leases, allowing you to add equipment or upgrade equipment under similar terms.
Leasing Is Flexible
In addition to master leases, lessors offer other flexible terms. You are able to customize a program to address your needs and requirements - cash flow, budget, transaction structure, cyclical fluctuations, etc. For example, some leases allow you to miss one or more payment without a penalty, an important feature for seasonal businesses.
Leasing Helps Manage Obsolescence
A lease allows equipment to be returned to the lessor at the end of the lease term. You can then upgrade equipment without having to manage disposal and other ownership burdens. Your risk of getting caught with obsolete equipment is lower with leasing.
Leasing Is Popular
Eight out of 10 companies lease some or all of their equipment, according to industry research. For the past 40 years, leasing by American businesses has increased (80% of all U.S. companies lease all or some of their equipment). Why do they lease? Because the flexibility provided by leasing allows them to have the most effective operation possible. Companies that lease tend to be the most entrepreneurial and competitve.
Leasing Helps With Balance Sheet Management
Because an operating lease is not considered a long-term debt or liability, it does not appear as debt on your balance sheet, thus making you more attractive to traditional lenders when you need them.
Leasing Helps With Asset Management
A lease provides the use of equipment for specific periods of time at fixed payments. The lessor assumes and manages the risk of equipment ownership. At the end of the lease, the lessor is responsible for the disposition of the asset.
Leasing Offers 100% Financing
With leasing, there is very little money down - perhaps only the first and last month's payment are due at the time of the lease. Since a lease does not require a down payment, it is equivalent to 100 percent financing.
Leasing Is Fast
Leasing can allow you to respond quickly to new opportunities with minimal documentation and red tape. Many leasing companies can approve your application within one or two days and you can have your equipment very quickly.
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| Geneva approaches each transaction as the beginning of a long-term business relationship. Our philosophy is to create fair, honest financing options that make you a customer for life, not just the term of your lease. We accomplish this through superior service and flexible options. |
- We won't sell off your lease . . . we are a direct lender, NOT a broker
- In-house credit decisions
- Optional equipment protection program
- Personal service: Customer service questions are answered by us - not some third party
- Personal property tax compliance service
- Competitive pricing and creative structuring to fit your needs
- We understand your industry and equipment
- Flexible and convenient payment options (ACH, credit card, etc.)
- Flexible billing cycles to meet your cash flow needs
- Upfront documentation fee . . . no hidden servicing fees thereafter
- Discounted upgrade payoffs
- Advanced funding
- Equipment exchange to help you sell your old machine to upgrade
- Repeat customer discounts
Geneva Capital makes it easy to complete our applications. Select the links below for PDF copy of our forms.
Credit Release Authorization
Click on the link below to open a copy of our credit release authorization form. Print the form, sign and fax the form back to us at 800-284-3974.
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Manual Credit Application
Click on the link below to open the pdf file of the credit application. Print the form, complete, sign and fax the form back to us at 800-284-3974.
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RETURN TO: Geneva Capital, LLC Attn: Angie Glockner
522 Broadway Street, Suite 4 • Alexandria, MN 56308
PH: 800.408.9352 • Fax: 800.284.3974
angie@genevacapitalfitness.com • www.genevacapitalfitness.com
