Leasing Solutions LLC

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Description

Leasing Solutions, LLC is an industry-driven business created by Steve Geller, CLP. With over thirty years of experience in the equipment leasing industry, Leasing Solutions formulates creative funding solutions for lease brokers, lessees, vendors and funding sources.

For example, in a typical program for elective surgery and other medical procedures ($1000 to $25,000), your customer/patient simply signs a one paragraph Disbursement Authorization and your practice faxes it with a copy of his/her drivers license on the day of surgery to initiate a next day funding. For medical equipment purchases ($1000 to $25,000), your customer follows the same procedure on the day of purchase. There are no other documents to sign.

- Founded in 1990, NAELB has evolved into the main advocate for the independent lease broker community. It was founded and governed by independent brokers who provide significant voluntary support for the programs and benefits offered by the association.

Cherokee Carpet Industries of Dalton, Georgia is a manufacturer of residential and commercial carpeting. With 315 employees, Cherokee Carpet Industries boasts $50 million a year in revenues. In its five years in business, Cherokee Carpet has grown rapidly. 1999 was the first year that Cherokee Carpet will have audited financial statements.

Leasing offers numerous advantages over other financing methods: Tax treatment. 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. Balance sheet management. Because an operating lease is not considered a long-term debt or liability, it does not appear as debt on your financial statement, thus making you more attractive to traditional lenders when you need them. 100% financing.

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