Sale Lease-Back FinancingSale Lease-Back Financing is a type of Asset Based financing in which business’ as the owner of the existing equipment sells the asset or property to a leasing firm. For up to 50% of the current value of the equipment at the time of the application for financing. Moreover, at the same time, the company then leases back the equipment (as a lessee) on a long-term basis to retain exclusive possession and use. Lease Back Financing against existing equipment often called Off-Balance Sheet Financing.Although this arrangement frees capital tied up in a fixed asset, the original owner loses the depreciation and tax benefits as that now falls to the benefit of the financing firm. Troy Business Groupcan provide access to Sale Lease-Back Financing options depending on if certain criteria can be met by the business and its equipment. For example but not limited: credit strength of the borrower, the age and type of equipment, how much they want, the purpose of the transaction. Sale Lease-Back Financing is a great potential business financing product for companies that need additional capital, are sitting on an asset and do not want to take on brand new debt. Yet rather use an existing asset to unlock the capital required at the time. FOR YEARS TROY GROUP HAS HELPED OVER 1,000 BUSINESSES GROW AND FUNDED OVER $250,000,000. GET FUNDED NOW!