Lease Program

Dynapower / Rapid Power Corporations have chosen to work with NorthStar Leasing to offer factory direct leasing to our customers.  Some of the advantages of this program as compared with purchasing equipment outright include:

Retain Capital Strength:
Purchase the equipment today and pay for it with tomorrow's dollars. Put the equipment to work today. This allows you to reserve your capital for other day-to-day expenses.

Speed:
 You can be approved for financing within hours with minimal documentation and you can have the equipment you need in operation and producing profits for your business, quickly and without hassles.

Avoid obsolescence:
Leasing is an extremely attractive option for all your equipment because technology becomes outdated very quickly. With a lease, your risk of getting caught with obsolete technology is lower because you can build upgrades and add-ons into the lease.

Customized solutions:
Leasing allows you to structure a financing program that addresses your key business issues, including: cash flow, budget, transaction, and cyclical fluctuations. For example, some businesses request seasonal leases, which allow them to schedule their payments during their busiest months allowing them to better align their expenses and revenues on a monthly basis.

Tax advantages:
You could realize tax advantages. The IRS does not consider an operating lease to be a purchase, but rather a tax-deductible overhead expense. Therefore, you may be able to deduct the lease payments from your corporate income. Consult your tax advisor about your specific situation.

Asset management:
A lease provides the use of equipment for specific periods of time at fixed payments.

Please contact us for more information.