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Thank you for visiting our Corporate web site and seeing for yourself what we can do for you, your staff, and your company.
We invite you to see why an equipment lease or financing agreement arrangeded by Investment Leasing Company is an investment in the future, the future of your business! We have been serving the needs of our customers, vendors, and lenders from Coast to Coast since 1986.
Definition:
Investment: Capital, equipment, software and vehicles invested in a business with an expectation of profit.
We see equipment, software and vechicles as "investments" for your business.
Our company name describes what we want to do for you: Help you equip your company with new (and used) equipment, software, and vehicles. Our leasing and financing services make that possible and so we like to think that we are leasing and financing "investments" for the increased profits of your business.
Quality is what makes the difference at Investment Leasing Company. Our goal is to: provide quality companies with:
1. Quality lenders and rates for
2. Quality equipment, software, and vehicles from
3. Quality vendors, resellers, and manufacturers by our
4. Quality, higlly trained professional leasing agents & staff
We look forward to serving you now and over and over again in the future!
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What is leasing
Leasing is a simple agreement between the owner (lessor) of equipment and the user (lessee) covering the use of equipment for a fee (rental) which becomes (or can become) complex because of tax consequences, cash flows and financial reporting. Leasing is complicated, misunderstood,and continues to gain in popularity.
Mechanics of leasing
There are usually four parties involved in a lease; 1. The seller of equipment who we call the vendor; 2. The one who will use the equipment is the customer / lessee, 3. The bank that supplies the funds and pays cash to the seller of the equipment called the lessor, and 4. The leasing brokerage such as Investment Leasing Company that arranges everything. Our leasing brokerage receives wholesale pricing from banks and shops for the lowest rates on behalf of our customers and vendors.
Types of property
Property is definined as real and personal property. Real property consists of all land, homes, buildings, and improvements and attachments to them. Personal property is defined as all other types of property and includes equipment, software, vehicles, boats, trains, and may other types of non-real property. Both types of properties can be acquired and used for either business or consumer purposes, and sometimes both. The equipment leasing business and Investment Leasing Company are involved in the financing of personal property for business purposes.
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History of leasing
The leasing of personal property is as old as recorded history, dating back to before 2000 B.C. However, the leasing of personal property (equipment, software, and vehicles) as we know it is a rather recent phenomenon. Initially, leasing was utilized primarily as a marketing tool by such manufacturing companies as IBM, U.S. Shoe Corp. and Xerox to facilitate the sale of their products and to control the resale values to the extent possible.
In the 1950”s the third party lessor appeared. They purchased equipment from a vendor and leased it to the lessee (user). United States Leasing Corp. was an early pioneer in this field and, unlike many other third party companies, still exists.
The 1960’s saw tremendous advances in leasing with transportation equipment, machine tools, data processing equipment and most other types of equipment being commonly leased. The third party lessors continued to dominate but banks were beginning to enter the field, particularly in the large, tax oriented leases.
The 1970’s saw the banks entering the leasing business in large numbers, either through acquisition of third party lessors or through hiring experienced personnel from the industry. Hundreds of national banks now offer equipment leasing.
The 1980’s saw the automation of leasing companies and banks as they entered the leasing business in large numbers and many independent leasing companies and leasing brokerages began to enter the leasing business.
The 1990’s & 2000's has seen a decreasing rate if increase in bank leasing companies and the leasing brokerage has begun to dominate the market place with banks serving the role as the funding source for leasing companies and banks competing for
the broker's business.
