Office equipment leasing is a valuable alternative and powerful financial tool to help your business grow and thrive. Making sure you are working with a reputable and solid company is vitally important. That is why we rated Taycor Financial as our TopTenREVIEWS Silver Award winner on online equipment leasing companies. This company is continually striving to meet and exceed their customer’s expectations and rise above the industry standards for quality and service. They have even made the “Inc 500” list of America’s fastest growing private companies.
With every client they bring on, they are working hard to build a partnership and work with each company individually to create a plan and program that is right for them. They offer companies the ability to defer initial payments until the company begins profiting. Companies can also waive payments when business is slow and the normal cash flow isn’t as steady or strong as usual. These types of “extras” can help businesses, small and large, continue to operate without going deeper into debt.
Some other great features this company offers include: a two hour turnaround on lease applications with no application fees, highly competitive rates, flexible terms and upgrade options, and 24 hour funding after delivery and acceptance. These are some great bonuses to their already strong list of products and services.
The list of products and services this company has to offer is unlimited to those companies needing office equipment leasing. They lease nationally, so wherever you and your business are, they are ready and able to assist you with your computer and office equipment needs. Computer items that can be leased are software, hardware, peripherals, monitors, laptops, and printers. Office equipment that can be leased is almost limitless and includes such items as: copiers, fax machines, scanners, printers and a large array of many others.
Taycor has also a full service vendor program that will enable you to extend the range of services you offer to your customer. On their website there is a detailed step-by-step outline including documents to help get you started. Their representatives will work with you closely to make sure they are helping to meet your marketing and financial goals. And as with anything this company does, you can expect top-of-the-line customer service.
There is a very extensive online application available to you to help move the approval process along. If you are needing approval for an amount of $150,000 or less there is an instant quote form that you can fill out and find out if you are qualified even faster.
Something we always find to be helpful to consumers is a resource section on the companies’ website that goes into detail about the product or service. This is where the customer can go in and do research and become more knowledgeable about the product or service and feel confident when shopping or researching. In this case it would be similar to leasing 101. Taycor has several pages of resources designed to be detailed and informative for all education levels. They have an Office Equipment Financing FAQs page, an Office Equipment Financing Resources page, as well as an Office Equipment Financing Articles page. All of these pages are easy to use and understand. The information is very detailed and put together to help you better understand equipment leasing and all the different facets that go along with it.
There are also several reviews posted from customers. This is another tool that helps new or prospecting customers get an idea of the range of who and where the company serves and how current clients feel about this company and their services. We find this to be a sign that the company is that confident on their services and how happy their current customers are that they want you, the new customer, to see it too.
The more tools and resources a company makes available to you on their website, the more likely you are to shop and research the company. Many people use the internet to shop and do research. It provides consumers the opportunity to quickly narrow their options and get a better idea of which companies they want to talk to. This company has a very detailed payment calculator on their site. Once you put in the loan amount and estimated monthly profit, it will calculate the estimated monthly payment ranges, net cost analysis, and your return on investment (ROI). This is a great tool when doing research and can save you an incredible amount of time as you are shopping.
Fair Market Value (FMV), $1 buyout and 10% purchase are the three end of lease term options they make available to you. FMV is very beneficial to those companies that lease equipment that decreases value quickly or will want to upgrade at the end of their lease. With this particular option, the company that leased the equipment has three options: extend the lease, return the equipment or purchase it at FMV. The $1 buyout is great for those that are confident their equipment will retail its value and would like to purchase it at the end of the lease. They would then do this for $1, or $101 depending on the state’s tax law. The final choice is the 10% purchase. This plan is designed for companies who want the option of returning the equipment or purchasing it at the end of the lease but want to cap their equipment buyout at a certain percentage of the actual equipment cost. All of these are great choices and give you a lot of flexibility that best meets the needs of your company.
Taycor does a great job of supplying you with a variety of ways to contact them. They have a toll free phone number, fax, address and email. This gives any type of customer the ability to contact the company however they feel most comfortable. Eliminating barriers to office equipment leasing is something they have done very well.
When you start to browse Taycor Financial's website, right away you will feel quality, reliability and a company that is financially stable and sound. You will have no doubt they will exceed your expectations with their services and products.
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Pros
Solid company with a strong customer backing. Outstanding selection of products and services.
Cons
Website is vague and at times tough to find specific information.
This company is very professional and has a large choice of leasing financing options.