The step lease and 90 day deferral program
LOS ANGELES, CA (January 9, 2012) Taycor Financial announced this week two equipment leasing promotions to help businesses conserve capital while still getting the equipment they need.
The “step lease” and “90 day deferral” programs are for qualifying credits with 2 or more years in business. The programs will provide a period of time beyond the standard delivery and installation phase, where the equipment will have time to start working and generating revenue. The programs were designed primarily for purchasing technology equipment, software, and infrastructure, but they can easily be applied to traditional commercial equipment lease purchases as well.
The programs are tailored to businesses adding or expanding capacity and capabilities through equipment acquisitions. In this day and age technology hardware and software purchases are mission critical components, but can be a costly and challenging decision for businesses to make. For this and many reasons technology equipment leasing is an attractive option for businesses that are looking to equip new offices, or replace aging equipment at existing locations.
The Step Lease program structures prescheduled monthly payment increases in 6 months or 1 year cycles. Start off your lease with smaller monthly payments while you ramp up your business. Increase your monthly cash flow until your equipment is ready to pay for itself.
90 Day Deferral programs are available for qualifying transactions of $10,000 or more. The first payment will be due at signing, and will be followed by a 90 day deferral period. The remaining monthly payments will recommence after the payment holiday.
The promotions are set to run through the first quarter of 2012. However, with the end of the year quickly approaching it’s not too late to take advantage of the incentives and substantial tax savings of tax code Section 179. Prospective customers can contact a Taycor Financial leasing professional to learn more about the current leasing promotions or tax code Section 179 at (800) 322-9738.
About Taycor Financial
Founded in 1997, with offices in Los Angeles CA and Boston MA, Taycor Financial has joined the ranks of America’s top businesses, establishing itself as one of the premier equipment financing companies in the U.S. Taycor is also one of the most rapidly growing; having made the “Inc. 500” list of America’s fastest growing private companies. For more information on equipment leasing or financing, to get an Instant Quote, or explore career opportunities visit http://www.Taycor.com or call (310) 568-9900.
Bob Skibinski has been President and CEO since 1997, when he founded the company. During his long and distinguished tenure, Skibinski has lead the company through a sustained period of tremendous growth and success in both the way they service their customers and vendor partners, but also in the nationwide reputation of the firm.
“It has been a pleasure growing the company to where it is today,” Skibinski said. “It has been an exciting journey. I will always value the relationships and friendships I have made with our lending network, equipment leasing peer community, vendor partners, and countless customers over the many years.”
Among other noteworthy achievements, Skibinski’s legacy includes navigation of the company during times of growth, Taycor made the INC 500 list of America’s fastest growing private companies as well as incredible resolve and artful management in weathering tougher economic climates.
Michael Hong began his career in equipment leasing and financing in 2001 as a Marketing Manager for an east coast company. Hong transitioned and gained experience through multiple roles at the company finally serving as VP of Business Development before moving to the west coast. He joined the Taycor family in 2011, and has been responsible in recent years for the company’s development initiatives in providing a more streamlined customer experience as well as the overall growth of the organization.
“It is an honor to assume the role as President,” said Hong. “Taycor is an amazing company with a powerful mission and passionate culture. I am excited to be a part of a talented team of professionals that work together in collaboration with the small and medium sized business community. Bob Skibinski has been an incredible teacher and mentor, and I will strive to continue his tradition of excellence.”
“I believe that Michael Hong’s leadership, and many years of trackable success and innovation, will benefit the company through this next phase of growth and evolution,” said Skibinski. “He has a solid record of success and achievement, and is the right leader to ensure that Taycor remains a nationwide leader in the equipment leasing industry, now and well into the future.”
About Taycor Financial
Founded in 1997, with offices in Los Angeles CA and Boston MA, Taycor Financial is a fiscally sound and economically responsible nationwide provider of equipment leasing and financing to the business community. Taycor has also joined the ranks of America’s top businesses, establishing itself as one of the premier equipment financing companies in the U.S. For more information on equipment leasing or financing, to get an Instant Quote, or explore career opportunities visit http://www.Taycor.com or call (310) 568-9900.