Step 1: Fill out a Leasing Application Online.
Step 2: Financing Documents will be emailed to you
Step 3: Sign documents and we will have them picked up from your facility

You're done! We will then ship your equipment!

2010 Leasing Programs

* New businesses can qualify for $50,000 at a great rate!
* $20 down to start then and $99 for first 6 months also available*
* 60 and 90 day deferred payment plans.*
* Seasonal Payment Plan – only 9 payments out of 12 months!*
* Step up program - reduced payments for first 12 months over 36-60 month lease.*
* Annual, Semi-Annual & Quarterly payments. For those customers that would like 1,2 or 4 payments per year.*

*Requirements: 2 years in business.

We can provide a competitive alternative source of capital to help you grow your business.

First Pacific Funding can structure a lease specific to your company's needs. To learn more about how leasing First Pacific Funding can benefit you, ask your First Pacific Funding sales representative, Steve Carnes (866) 484-5575.

For our U.S. customers, The Economic Stimulus Act of 2008 can help businesses save money on equipment purchases. First, the Fifty Percent Bonus Depreciation allows businesses an extra one-year boost in how much they can deduct on equipment that would normally depreciate over time. For example, under the old law, a new $100,000 spectrum analyzer could only provide a 2008 depreciation deduction of 14 percent of its costs, or $14,000. Under the new law, first-year depreciation can be $57,000 - 50 percent of the $100,000 machine cost ($50,000) plus 14 percent regular depreciation on the remaining $50,000 property basis, or $7,000.

That means the new law creates a 43 percent greater tax deduction for a new 2008 equipment purchase using a $1.00 buyout or Conditional Sales Agreement type of lease. *

Expensing for Small Business -The increased Section 179 Expensing for Small Business more than doubles the amount that small businesses can write off for new or refurbished equipment purchased during 2008, from $128,000 to $250,000. Additionally, the new law significantly increases the amount that can be purchased during the year and still receive the full benefits of the Section 179 expensing option – from the previous cap of $510,000 to $800,000.

* Always check with your certified tax professional for current, accurate advice on any tax credits or deductions.

Facts about leasing, according to the Equipment Leasing Association:

* Four out of five U.S. companies use leasing to acquire equipment
* Almost one-third of all externally financed capital expenditures in the U.S. are financed through leasing
* Equipment leasing has grown at an average rate of 12.5% over the past 10 years
* $234 billion of equipment is forecast to be leased in 2007

Benefits of Leasing from First Pacific Funding:

* Flexibility
* Lower debt service
* Lower after-tax financing cost
* Match financing cost to the asset - 100%
* Balance sheet management
* Alternative minimum tax issue
* Cash flow considerations
* Preserve loan/IRB covenants
* Match payments to revenues

If you have questions regarding this program please click icon below.

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