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Leaders in Industrial Equipment Finance
The CitiCapital team serves the industrial equipment industry by providing financial solutions that enable our customers to reach their goals. We are the leading non-captive provider of the financial services to businesses who use industrial equipment. We are leaders because our team of seasoned pros are proven experts within the industry and they craft products and services that meet the specific needs of each customer.
Over the last 25 years our customers have repeatedly honored us by turning to CitiCapital for the resources to grow their businesses. Our perspective is grounded in our deep ties to construction, road building, infrastructure development, mining and forestry industries. And because we live and work in or near your location we are true partners in building a better place for your community. Contact CitiCapital and together, "Let's get it done."
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Benefits of leasing your equipment
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| v | Lower Down Payments - Purchases usually require a 10-20% down payment. There are some lease plans that require little to no down payment. |
| v | Lower Monthly Payments - Lessees only pay for the portion of the equipment used, which is the difference between equipment costs and the lessor's residual. Residuals make the lease payment lower than the loan payment. |
| v | No Up-Front Costs - Sales tax and installation charges are paid over time in a lease, as part of a lease payment. These costs can be significant and some state sales taxes are as high as nine percent. |
| v | Flexible Payment Options - Payments can be tailored to match your usage of the equipment, accounting needs or revenue pattern. Some structures can include dollar option, fair market value and early option programs. |
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Terms and Conditions