For Leasing Brokers
BROKER RATES
Mesa leasing can offer Equipment Leases to businesses within the state of California. Mesa Leasing no longer offers a 1$ buyout. We will however offer a lease with an optional buyout equal to three monthly payments. The payments will typically be equal to that made during the term of the lease.
FIRST & SECURITY DEPOSIT (ONE ADDITIONAL MONTH) REQUIRED
| Term/Months | Buy Rate | +5% | +10% |
|---|---|---|---|
| 9 | 0.0950 | 0.09975 | 0.10450 |
| 21 | 0.0562 | 0.05901 | 0.06182 |
| 33 | 0.0432 | 0.04536 | 0.04752 |
| 45 | 0.0374 | 0.03927 | 0.04114 |
| 57 | 0.0341 | 0.03580 | 0.03751 |
At the end of the term the lessee can return the equipment to Mesa Leasing or purchase the equipment for 3 more payments.
Terms and Conditions
- Rates for $10,000 to $100,000
- Add up to 10% for Broker Fee on deals.
- Applicable Fees - Origination Fees - $250, DMV - $25 per titles, and $25 for cashier's checks or wire transfers if required.
- Business & Equipment must be located in California.
- No minimum Time in Business Required.
- Payments are quoted in whole dollar amounts: $973.65=$974.00 or $973.48=973.00
- Need 50% to 100% of net lease amount in additional collateral for approval - ALWAYS!(collateral can be cars, trucks, boats, equipment, real estate, stocks, bonds, etc.)
- Most leases are approved for 36 months maximum (48 or 60 months if well secured).
Ask the potential Lessee some basic questions:
- Is the lessee a homeowner? (Or has a cosigner who is a homeowner?)
- Is the Lessee in CA and will the equipment be located and used in CA?
- Have all tax liens and civil judgments been satisfied? Or is the lessee interested in including them in the deal?
- Has any bankruptcy been discharged?
- Does the lessee have other equipment that can be used as collateral?
If you and the Lessee can answer "YES" to these 5 questions, there's a good chance we can help.
Mesa Leasing Is a Licensed California Finance Lender - Our License Number Is #603 A437