Frequently Asked Questions

FAQ
 

What is your "value add?"

Why would I offer leasing as a payment option?

Are all leases tax deductible?

Who can lease?

What factors are used to determine credit worthiness?

What is the typical turnaround time?

What affect does leasing have on my customers bank line of credit?

If I or my customer has questions before or during my lease, who do I call?

What type of equipment can you lease?

Can you do Federal, State, or Municipal leasing?

Do you have a privacy policy?


 
 
 

What is your "value add?"

We are an extra sales department and a free financing consultant.

Our goal is to help you increase your sales by including leasing as another purchasing option for your customers. To help you, we publish a regular newsletter with sales techniques and strategies that you may distribute to your sales force.

In addition, we can work with you to develop a dealer incentive program that will boost sales within your dealer network.

For more information check out our We Can Help section.

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Why would I offer leasing as a payment option?

The same reason Ford, GM, BMW and Mercedes advertise monthly lease payments, because it works! All the big car manufacturers know that low monthly pricing gets people in the door and to purchase their product. That is why they predominately only advertise monthly lease payments. With leasing you can beat your comptetion, by getting more customers in the door by adding monthly lease payments to all your marketing materials.

Oakridge Leasing can put together a customized leasing and marketing program so you can begin advertising monthly payment options immediately... just like the big guys.

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Are all leases tax deductible?

No, you must conform specific IRS Tax guidelines. Call us today, and we can go over this ruling, in plain english!

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Who can lease?

Any company, organization, government entity, association or professional.

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What factors are used to determine credit worthiness?

Credit managers make their decisions based on a companies: Ability, Stability and finally their Credit (Rating). If your customer has had credit difficulty in the past we can work with them to get around these problems area's.

What is the typical turnaround time?

Most application only leases (< $75,000) are usually responded within a few hours ($150,000 for our medical program). Larger leases are usually completed within 24-48 hours of receiving all the necessary documents.

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What affect does leasing have on my customers bank line of credit?

Since you are not borrowing any money (the lessor own's the equipment and is "renting" it to you) your lines of credit are not usually affected.

If I or my customer has questions before or during my lease, who do I call?

They call Oakridge Leasing at: 1-800-485-5759

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What type of equipment can you lease?

Oakridge Leasing has specialists that cover most equipment types. Here is a listing of some of the equipment we can lease:

Agricultural Equipment Medical Equipment
Air Compressors Mobile Radios
Air Conditioning/HVAC Office Equipment
Alarm (Security) Systems Pipeline Inspection Equipment
Car Wash Equipment Packaging Equipment
CCTV Equipment Postal & Mailing Equipment
Computers & Software Printing Equipment
Construction Equipment Refrigeration/Walk-In Coolers
Dental Equipment RFID Equipment
Diagnostic Imaging Equipment Telephone Equipment
Furniture (including Hospital, Office) Tilted Vehicles & Trucks
Golf Equipment & Turf Trailers
GPS Equipment (fleet, agriculture) Underground Equipment
Industrial Equipment Used Equipment
Lawn & Landscape Equipment Veterinary Equipment
Manufacturing Equipment Winery Equipment
Material Handling Wireless Equipment

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Can you do Federal, State, or Municipal leasing?

Absolutely!

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Do you have a Privacy Policy?

Yes, you can view our Privacy Policy here.

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Call Today 1-800-485-5759