Alter Moneta offers our customers a wide variety of loan and lease financing products.
Conditional Sales Agreement
A conditional sales agreement is an installment loan for tax and accounting purposes. Loans are offered as fixed or floating rate, with terms ranging from 24 to 96 months, depending on the credit quality of the borrower and on the equipment type.
Direct Finance Lease
Direct finance leases are full-payout leases and are considered a loan for tax purposes. They are typically accounted for by the lessee as a purchase (i.e., a capital lease). These leases may be offered with a fixed price purchase option at lease maturity that may be the nominal amount of a dollar.
Debt consolidation combines various loans and leases into a single loan that reduces cash flow requirements.
Auction Lines of Credit
Auction lines of credit are provided in advance of an equipment auction, enabling a client to make bidding and buying at an auction quicker and easier.
Equipment Lines of Credit
Pre-approved lines of credit based on the capital expenditure requirements of a company enabling the company to move quickly on purchases and have the peace of mind the financing is in place.
A TRAC Lease is a type of True Lease involving commercial motor vehicles in which the lessee signs a Terminal Rental Adjustment Clause (TRAC). Through the TRAC, the lessee agrees to make a rental adjustment payment at the end of the lease and after sale of the equipment so the lessor will receive its entire investment. Residuals are considered guaranteed by the lessee.
Loan agreements that are specifically designed to finance the purchase of assets that are destined for a dedicated rental fleet. Our agreements allow for either short or long term rental periods.
A Tax Lease is a structure in which Alter Moneta recognizes tax benefits associated with owning the equipment being financed while the lessee may claim rental payments as tax deductions.
To meet the specific demands of its customer base, Alter Moneta offers customized loan and lease payment plans tied to the expected timing of customer cash flows, customer credit quality, and customer preference. For example, flexible payment plans are designed to meet the needs of customers who want larger payments seasonally when their incomes are high. Alter Moneta also has the capacity to offer our customers the option of floating or fixed rate repayment schedules or the capacity to fix rates well in advance of delivery of a piece of equipment.