Equipment Financing

Operating or Tax Leases

With an operating lease, companies have the option to lease equipment for a period of time without the option to own it. When the lease ends, the customer has the option to purchase, renew or return the equipment to RC Energy Group’s affiliate, Rockwell Financial Group. Under this format, a business avoids equipment maintenance costs. Likewise, equipment does not have to be claimed on end-of-year taxes and any equipment depreciation is handled by the Rockwell team.

Operating leases provide flexibility in terms of use. When a company purchases a piece of equipment, it owns that equipment even if it is only needed for a short amount of time. The only option then is to resell it, usually at a loss. By leasing equipment only for the needed time, the capital outlay is in line with output received from the usage of the asset. This is a valuable consideration if a business is using equipment that runs the risk of becoming obsolete. Rockwell can provide the option of upgrading or trading in outdated equipment for current products.