Leasing & Financing Options
Replacing all your trays or expanding your nursery can be expensive and a large outlay all at once. If you love the idea of better plants that are more likely to survive but don't want the big dent in your budget, then a leased or financed option could work for you.
Different customers can expect different benefits depending on their circumstances, but generally we have found nurseries can benefit from:
- Access to better equipment at affordable prices
- Reduced expenses
- Lower taxes
- Less uncertainty over your balance sheet
Proptek products are incredibly durable and last for many many years. Because of this, they are suitable for financing using, for example, a leasing program. Our products have been leased by numerous leasing companies over the last 15 years and this has been a very attractive proposal for a number of customers who wish to have a more consistent outlook to their finances or who don't wish to, or can't, take a bank loan.
Financing removes the need for paying 100% upfront for trays and thus effectively an injection molded tray is cheaper than say a Styrofoam or thermoformed tray in cash terms.
Farm Credit Leasing is one of the largest agricultural leasing companies in the USA and has been leasing our products to customers for many years now. The leases can be of various types and you should consult your accountant or legal financial advisor for advice on which one suits your specific circumstances best. Whoever you use, you need to be very clear who has legal title to the goods when the lease finishes. Whilst interest rates are attractive at the moment (Aug 2016) they do fluctuate up and down and you must bear this in mind.
Leases can be with regular monthly payments or even seasonal payments at times of year when cash is flowing better and can be over a period as much as 5 years.
Proptek is not involved in the leasing. The leasing company will require confidential financial information about your business and it is important that they have direct contact with you on this and not via Proptek.
Visit farmcreditleasing.com for full details and how to apply
Disclaimer: Proptek is in no way affiliated with Farm Credit Leasing, it's partners, parent companies or subsidiaries. Proptek do not officially endorse Farm Credit Leasing. Customers are advised to shop around to get the best and most suitable deal. The information on this flyer is given as-is and is intended to inform only and does not constitute financial or legal advice. Credit acceptance is not guaranteed.