Since 1981, Cimarron Financial, Inc has provided a variety of full service leasing and financing options specializing in the field of automotive service equipment. Our “core mission” is to provide leasing and financing options to the customers of our sister companies, Kachina Automotive Equipment, Inc., Leading Edge Auto Refinishes, Inc. and GarageFly.com.

Since we specialize in the automotive service equipment sector, our understanding of the unique financing needs of automotive repair shops and auto body shops is unparalleled. Our ability to create  financing solutions tailored to a shop’s specific needs are virturally unlimited.

HOW IS LEASING DIFFERENT THAN BANK FINANCING?

In today’s economic environment, equipment financing has become a challenge. Applying for a bank loan is time consuming, requires filling out a lengthy credit application, providing income tax returns, P & L statements and balance sheets and networth statements. Regardless of the loan process outcome, your credit check will show up on your personal credit report. If the loan is approved, you will be required to provide yearly financial updates to the bank.

Additionally, using a businness line of credit on equipment many not be in the best long-term interests of your company.

WHY IS LEASING ATTRACTIVE?

Leasing is off balance sheet financing and is not reflected on the business balance sheet. That's why a majority of capital equipment purchases in the United States are leased. When companies expand, they look to the banking institutions for expansion capital. Leasing allows capital improvements without creating debt to worth ratios that cause banks to decline loan applications. 

Leasing provides an additional source of capital,  when "tight" money conditions exist. Leasing offers 100 percent financing based on a fixed rate and a fixed term! No midterm changes, no surprises! No uninvited partners telling you how to run your business. Leasing provides accelerated expenses when compared to depreciation schedules allowed by the federal tax code. This lowers the taxable income of the business.

IF YOU WANT TRADITIONAL FINANCING, WE CAN HELP

Cimarron Financial, Inc. can, under circumstances, customize financing options as well.

For more information on equipment leasing through Cimarron Financial, contact us today!    

480-968-2465 phone
480-517-9734 fax
EMAIL

Leading Edge Auto Refinishes         Kachina Automotive           Garagefly