BlueStar has several different leasing partners that are able and willing to assist in helping you win more opportunities. Through our relationships with these partners we provide you with tools and resources to make it easier to finalize the right leasing deal. We are featuring three different leasing partners, Lease Corporation of America (LCA), River Capital (formerly MRK Leasing), and now TimePayment!
Lease Corporation of America (LCA) is an equipment finance company with a concentration in the specialty electronics channel. LCA offers a variety of leasing programs to help shorten the sales process and allow BlueStar’s value-added reseller customers to get the equipment they need now and pay for it over time – freeing up much-needed working capital.
Formerly known as MRK Leasing, River Capital has been providing equipment leasing for over 20 years. Financing your company's IT and data capture equipment gives you the ability to upgrade, modify, and maintain a competitive advantage within the dynamic technology sector.
TimePayment is an award-winning equipment leasing company that specializes in supporting transactions under $10,000 but has the ability to handle requests up to $100,000. We have a strong presence in the POS equipment market and can support equipment leasing requests from retailers and restaurants, whether they are existing businesses or start-ups.
- Our processing is fast and simple. For transactions under $10,000 we can approve transactions in seconds, and instantly generate equipment leasing documents for customer e-signature via our web-based processing system.
- Based on TPC approval of the VAR, we have the ability to pre-fund 50-100% of the approved customer equipment leasing request upon the execution of the leasing documents and POS equipment sales agreement, accelerating cash flow for the VAR.
To initiate a relationship with TimePayment, please click the button below and complete our vendor application and you’ll be on your way to begin leveraging our equipment leasing solutions:
Our flexible and convenient leasing/financing solutions are designed to give our reseller’s end customers the ability to stay current with the most innovative technology solutions with no upfront costs. Leasing can ensure a more rapid return on your system investments and conserve working capital, while also preserving lines of credit.
With leasing you can acquire needed equipment without depleting capital that could be used for other business purposes. Therefore, productive assets can be obtained for the purpose of earning profits for your business when internal capital for purchasing equipment is not available.
A lease can be viewed as another line of credit since it does not use up a company’s existing bank lines. This opens up a new source of credit for current and future needs.
Fixed Rate Financing
Lease payments are fixed at the beginning of the lease for the entire term, and will not increase as many loans do over time. Fluctuations in market rates have no impact. Therefore budget and cash-flow planning is easier.
Total Package Financing
Finance all of your requirements in one low monthly payment, including hard and soft costs:
- Installation and Programming
- Service and Support
- Any Other Needed Components
Leasing minimizes the risk of obsolescence so your business will stay current with the latest technology. Also, upgrades and add-on options are available to maximize the equipment you already have.
Use vs. Ownership
In most cases, it is the use of the equipment, not its ownership, which is the important element in its value to a business. Due to obsolescence, the additional costs of ownership become unjustified. Therefore, the flexibility of leasing allows for upgrading equipment during the lease or replacing it at the end of the lease.
Leasing allows a business to stretch its budget by spreading the costs over time. This allows an increase in your business’ buying power anywhere from 200-300%.
Unlike a loan payment, a lease payment may be tax-deductible for your business as an operational expense. Consult with your accountant for further review.
Fast Approval Process. Simple Documentation. Dedicated Support. Convenience.
Jason R. Firment
Director of Point of Sale