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Options for Financing ESS Technologies, Inc. Packaging Machinery

Robotic Infeed for AS 120 CartonerESS Technologies, Inc. has partnered with American Packaging Capital, Inc. to offer financing solutions for purchasing new packaging machinery. Three leasing options and a choice of lease terms allow for a payment to fit any budget.

Financing Can Benefit Your Business

  • Use vs. Ownership: The value of equipment is in its use, not its ownership. Financing enables you to pay for the equipment with future profit instead of working capital.
  • Affordability: Financing results in low monthly payments over 1-5 years, and the equipment can be purchased for a nominal cost at the end of the lease term.
  • Fixed Payments: Fixed payments avoid the uncertainty of variable (floating) interest rates typical of bank financing.
  • Cash Conservation: Monthly payments leave cash available for operational expenses or seasonal cash flow needs.
  • Preserve Credit Lines: Borrowing from the bank shrinks available credit lines. Financing maintains credit lines for non-equipment uses.

Lease Options

LR Mate 200iC Robotic Tray Loading SystemOperating Lease (Fair Market Value Purchase Option): At the end of the lease term, the lessee has the option to purchase the equipment for its Fair Market Value.

  • Lease payments are charged to Operating Budget - which avoids Capital Budget constraints.
  • Lease payments are generally lower than all other financing options - and are 100% deductible against taxable income.
  • Leasing can greatly reduce the Cost Recovery Period for equipment.
  • Operating Leases are Off-Balance Sheet transactions and improve most financial ratios, including ROA, ROI, and Debt/Net Worth measurements.
  • Operating Lease payments are not an Alternative Minimum Tax item.

    • 10% and $1.00 Purchase Option Leases: At the end of the lease term, the lessee has the option to purchase the equipment for 10% of the original equipment cost (10% Option) or for $1.00 ($1 Option). Both options are:

  •  Fixed purchase options.
  • Generally treated as a booked asset and liability on financial statements.
  • Fully depreciable for tax purposes (under MACRS) and eligible to take advantage of the tax benefits provided in the 2009 American Recovery and Reinvestment Act. (Click here for more information.)
  • Preserves bank lines of credit for operations, real estate, or other capital expenditures.

    • Contact ESS to request lease payment information for your application.