Residual Refi: A Financing Solution
Are you at the point in your manufacturer’s lease program where you’re contemplating the residual value of your equipment? Perhaps you find yourself leaning towards keeping the equipment rather than returning it. In such a scenario, Northland Capital offers an effective solution through Residual Refi options.
What exactly does this program entail?
This means that if you’ve reached the end of your lease term and wish to retain possession of the equipment, you can refinance the residual value with Northland Capital.
Why choose Residual Refinancing?
- Equipment Retention: Instead of returning the equipment at the end of the manufactures lease term, residual refinancing allows you to maintain possession, ensuring continued access to the equipment’s benefits.
- Cost-Effective: By refinancing the residual value, you can spread out the payments over a new term, making it more financially manageable compared to paying off the entire residual amount upfront.
- Competitive Terms: Northland Capital offers competitive residual terms for up to five years, providing flexibility and convenience in managing your equipment financing needs.
- Simplified Process: With Northland Capital, the refinancing process is streamlined and hassle-free. Our representatives are available to guide you through every step, ensuring a smooth transition.
If you find yourself wanting to retain possession of your leased equipment rather than returning it, Northland Capital’s Residual Refi offers a viable solution. With competitive terms, streamlined processes, and dedicated support, it provides the flexibility and convenience you need to effectively manage your equipment needs.
Connect with your representative at 800-471-2122 to learn more about how residual refinancing can benefit you.
View All News & Views