As a direct lender, Cornerstone Financial Services has partnered with some of the largest banks and financial institutions to diversify our credit parameters in order to yield a higher approval ratio while maintaining control of the decision process of the applicant. This allows for greater opportunities and profitability to our clients while establishing personalized relationships through our professional Loan Officers.

Any equipment used for a business purpose will qualify for review by our professional loan department and with our aggressiveness and strength in volume; we can provide companies with the best options available.

  • We provide fast and efficient solutions for “A”, “B” and “C” credit profiles.
  • We handle transactions ranging in size from $5,000.00 to $2,500,000.00
  • We maintain a 4 hour response time.
Financial Services
  • EFA (Equipment Finance Agreement)
  • Lease Cash back
  • 110% Financing
  • Rental Fleet Programs
Leasing Options
  • Operating Lease – will meet requirement for FSB-13
  • Tax Leases – Allows CFS to take advantage of depreciation of equipment
  • FMV Lease – based on Fair Market Value of equipment at the end of the term.
  • Capital Lease – Such as a dollar out lease
Flexible Payments
  • Delay Payment Plan
  • Skipped Payment
  • Seasonal Payments
  • Zero Down Payment
Terms
  • Monthly
  • Quarterly
  • Semi-annual
  • Annually

Cornerstone Financials documentation department’s commitment is to efficiently prepare a legal set of documents for the client on the same day as approval providing the approval meets the 4 pm EST cutoff. These documents shall be sent via email or overnight at the customer’s request. This department works closely with your Loan Officer to ensure accuracy and efficiency, thus eliminating time delays.

Our funding department is determined to become one of the most creative in the industry. This will be achieved by offering aggressive solutions to expedite closings and through the support of your Loan Officer.

Benefits of Equipment Leasing:

Save Cash
Of all the advantages of equipment leasing, this listed at number one. That’s because saving cash is what business owners and CFOs appreciate most. Equipment financing saves your working capital that would otherwise be used if you were to pay cash for your equipment. With an equipment lease program, which is designed around your specific equipment needs and budget, you make affordable monthly payments over time. This allows you to save your money for business expenses, expansion and more.

Section 179 Tax Benefits
Equipment lease financing presents businesses with some fantastic tax benefits. The IRS allows for lease payments to be fully deductible if your business uses the leased equipment. The Section 179 Tax Provision for 2013 lets companies deduct up to $500,000 worth of qualifying new and used business equipment.

Avoid Outdated Equipment
Depending on the type of business you own, equipment leasing may help you stay on top of the latest advances in equipment and technology. Being able to make upgrades to newer equipment when your short-term lease is up can give your company a competitive edge. When you buy equipment, you are stuck with it unless you can sell it. So, if your business uses equipment that is periodically updated with better technology and capabilities, leasing might be the best option.

Preserve Business Credit
Most are well aware of how important it is to keep your business credit line healthy… and open. Getting funding for business expansion, staffing and other operational expenses requires solid credit, and having an open credit line allows you to respond immediately in a time of need. Equipment leasing lets you keep your business credit line open and strengthen the cash flow of your business.

Better Balance Sheets
A more attractive balance sheet can be yours thanks to equipment leasing. That’s because your monthly lease payment is viewed as a business expense instead of a liability or long-term debt. As you know, having little or no debt on your company’s financial statements is a huge benefit when it comes time to secure business funding