Leasing Reasons to Lease Sale-leaseback
Credit line d Accounts receivable financing d FAQ d Quick-Start Application

What is a Credit Line?
A credit line is when a business is approved for a specific sum of money to be drawn upon over a specific period of time for equipment purchases. This type of financing is particularly beneficial in situations where multiple purchases will take place, but not necessarily at the same time, such as expansions or relocations.

The "lease contract" invloved in a credit line may be referred to as a "Master Lease", governing a continuing arrangement with the specific descriptions of equipment evidenced by separate schedules executed at different times.

The Process for a Credit Line
Also called a "Master Lease", this type of financing is used often when there will be intermitent equipment deliveries. We at Gateway Funding strive to make the process as simple for you as possible.
dFast Approvals
The first step is for you to supply us with your company's financial history in the form of a credit application and, under certain circumstances, financial statements or tax returns. Once we have the background information needed, we can evaluate your request and provide you with an answer within 48 hours or less.

dFree Quotes
You select the vendor (or vendors) and negotiate the cost of the equipment with them. When you have an approximate total cost for the equipment you want, we can provide you with a quote at no cost or obligation, so you'll have an idea of what your monthly payment may be. Once we have an approval, we can "fine-tune" the numbers.

dFlexible Terms
At that point, we will negotiate the terms of your financing to suit your needs. For example, you may want a term of 3, 4, or 5 years. You may want either a $1.00 buy-out, or a balloon payment at the end of the term. There are many ways to structure a lease, and we'll discuss the possibilities with you.
dPrompt Service
When we have agreed on the terms of your financing, we then prepare the documents. After the lease documents have been signed, we issue a purchase order to the vendor(s). Your lease does not begin until you have accepted delivery of the equipment and are fully satisfied with the order. At that time, we will pay the vendor(s), and your lease will commence. It is that simple.
dPersonal Attention
If you would like additional information, you can speak to one of our professionals at 617-670-1046. Call between 9:00am and 5:30pm EST, Monday through Friday. When you call Gateway, you will always be able to reach one of our representatives, not just a voice mail! Our goal is to provide you with prompt, personal service all the time, every time.

Contact us: MA 617-670-1046 or NY 646-360-3264
d For comments or suggestions, email: csalit@gatewayfundinginc.com

1 Powder Mill Square, Suite 403A, Andover, MA 01810