Welcome

Introduction to General Equipment Leasing
 
Welcome to General Financial, Inc. dba General Equipment Leasing based in Tampa, Florida. General  Equipment Leasing has been providing lease financial services to equipment vendors throughout the United States since 1987. Our customer satisfaction and our high approval ratio has earned us to be a national leader in the leasing industry.

We engage in a broad spectrum of equipment leasing financial services. Each transaction is structured to offer the most cost effective method of acquiring the use of new equipment. We have experience in evaluating all types of equipment, structuring leases, finance transaction, and placing debt for all types of leveraged leases.

The types of equipment in which GEL is involved include: state-of-the-art medical and computer equipment, construction equipment, telecommunications equipment, and transportation equipment as well as, general office equipment and furnishings.

Sales service is our hallmark of excellence. A qualified staff is always on hand to assist the vendor - dealer, in whatever phase of the transaction that may require help. Sales service provides: product information, timely correspondence, fast responses to client inquires, quick and thorough documentation review. Sales support and ongoing liaison to our vendor - dealers satisfaction.

Equipment leasing is the fastest growing and single most important source of financing used to meet the needs of American business. Leasing plays an essential role in providing industries to be more productive and increase profitability. Leasing serves as a primary means for businesses to acquire the capital equipment necessary to run manufacturing and service industries which are the foundation of our economy. Approximately - Eighty percent of American businesses lease capital equipment. In 1980, $43.5 billion dollars of equipment was leased. In 1985, annual volume of equipment leased had risen to $93.7 billion, an increase of over One Hundred and Fifteen percent.

The popularity of leasing as a means of equipment financing is due, in part, to the fact that each party benefits from the leasing transaction. The equipment vendor is able to sell his product outright and can realize immediate cash sales. Additionally, leasing offers equipment users protection against the risk of technological obsolescence. The lessor derives income, tax advantages, and upon sale or release, residual values. The lessee, enjoys the use of the equipment to generate income for himself without a heavy outlay of capital or utilizing limited lines of credit. Often the monthly payments by the lessee are more economical than through conventional financing. This generates funds which may be used for new research, development and manufacturing activities.

General Equipment Leasing is proud to be a part of this growing industry. And, with our portfolio funds and available warehouse lines of capital, we can match your customers financial needs and increase your sales volume.

 

Copyright © 2001-2007
General Equipment Leasing
1111 North WestShore Blvd. Suite 211.
Tampa, FL 33607
Ph: (813) 286-0650  Fax: (813) 286-0674

Best viewed in a 800x600 monitor