Vehicle and Equipment Leasing

• Transportation – Trucks, tractors, trailers
• Construction equipment
• Manufacturing & distribution equipment
• Medical & dental equipment
• Furniture & fixtures for offices, hotels, warehouses, factories, retail
• Computers
• Telephone systems
• Solar, air conditioning, heat pumps, other energy related equipment
• Not listed above, just ask us.
  

• Lower lease rates and monthly payments.
• Payments are a tax deductible expense.
• Convenient end of lease options.
• Purchase the equipment at its fair market value.
• Return the equipment.
• Extend the lease for an additional term.
  

TRAC Lease (tax oriented lease) features:

• Applicable for commercially licensed vehicles, used 50% or more for trade or business.
• Lower lease rates and monthly payments.
• Payments are a tax deductible expense.
• No mileage limits or excess mileage charges.
• Guaranteed purchase option set at the beginning of the lease. At maturity of the lease, you can purchase the vehicle at the option amount. If the vehicle is returned to North Penn and sold to a third party, you receive any proceeds in excess of the option amount or you pay North Penn for any shortfall in proceeds below the option amount.

Finance Lease (non-tax oriented lease) features:

• Fixed monthly payments and lease rate.
• You claim the tax benefits of ownership.
• Bargain end of lease option is typically $1.00 or up to 10% of the amount financed.

• We tailor the lease structure and payments to meet your objectives and cash flow.
• We offer pre-approved leases & lines of credit, which provides speed in funding your equipment orders.
• Application only credit approvals (from $5,000 up to $250,000 subject to credit qualification).
• Our sale and leaseback program can provide you with working capital or reimburse your cash reserves for a recent equipment purchase.
• Our leases finance 100% of the equipment cost. Also, soft costs such as shipping, software, training and installation can be included in your lease.
• No loan fees or documentation fees charged.
• Special lease terms are offered.
• Your one stop leasing solution with local service and contact officers.

Off Lease Equipment & Trucks For Sale

North Penn Financial offers great lease on off-lease equipment & trucks. This is high quality, brand name, one owner equipment that is ready to go to work today. The equipment is all priceds right and many carry special financing terms. If you want a great deal on equipment look over our current inventory and give us a call today at 1-866-NOR-PENN. Current Inventory updated daily check back often.