At Morrill & Janes Bank, we understand that for your company to improve growth and profitability, it needs high-quality equipment purchased via competitive payment programs. That’s why we partner with Beacon Funding Corporation , offering you the Equipment Leasing opportunities that can help you make Great Things Happen! ™
When you lease business equipment through Morrill & Janes Bank, you will be pleased with the following benefits:
Maintaining an ample checking account should be a top priority for any company—the number-one reason small businesses fail is lack of liquidity. With us you’ll be able to conserve cash for the times you need it most.
ConvenienceWe’re all about making it simple for you. Complete our one-page Business Credit Application, return it to us with your equipment quote and we’ll respond promptly.
Quick TurnaroundUpon receiving your credit application and equipment quote, you can expect a response within 24–48 hours.
100% FinancingAcquire the equipment you need without a major cash outlay.
Tax Advantages The programs we provide offer tax advantages that are unavailable when purchasing with cash or a traditional bank loan. IRS Section 179 may permit your business to write off hundreds of thousands of dollars in leased equipment.
Start-Up LeasingOftentimes, unless a business has over two full years of operation, traditional institutions will not consider them for leasing. If you’re a new business owner, we may be your best and most competitive option for acquiring the equipment you need to succeed.
Take the chance to establish credit, making for an easier approval when applying for
your next equipment purchase.
Conserve Bank Lines
Save bank-borrowing options to support ongoing cash flow needs.
Avoid Capital Budget Restrictions
Our programs provide the perfect tools to acquire equipment today without being subject to this year’s capital budget restrictions.
Off Balance Sheet Financing
An operating lease allows you to acquire new equipment without further leveraging your company’s balance sheet.