Point of Sale Financing
Equipment Leasing & Financing
1 Source Technology has teamed up with Mantis Financial to provide the opportunity for equipment leasing & financing for your Point of Sale System. Allow us to be your turn-key Point of Sale partner and introduce Mantis Financial to you.
Who is Mantis Financial?
The Company
Mantis Financial is an Austin, Texas-based leasing company whose staff & ownership believe that exceptional service is the number one factor for retaining customer business. Because of this, we have made it our goal as a company to provide our customers with reliable, unparalleled service that is second to none. Currently, Mantis Financial has a multi-million dollar internal lease portfolio, as well as possessing the ability to broker leases through relationships with numerous banks, financial institutions and funding sources.
The Staff
Mantis Financials ownership and staff has over 30 years experience in the banking and equipment leasing business. In addition, the principals have owned two other companies and have served on the board of directors of companies in various industries. The staff and ownership also have numerous years experience in sales, management, operations, collections and finance.
The Customers
Mantis Financials current customer base is composed of small, medium and large businesses in both the public and private sector. We service all different types of industries and equipment.
Why Choose Mantis Financial?
When you work with Mantis Finacial you will receive:
- Ethical and honest treatment from experienced professionals
- One page application
- 24 hour approvals
- Personalized service through the entire finance process
Benefits of leasing:
100% Financing
Leasing provides 100% financing. Taxes, software, hardware, consulting, maintenance, freight, installation and training costs may be included in the lease.
Preserve/Free Up Working Capital
Leasing preserves your working capital by requiring only a minimum initial outlay of cash - usually just the first payment. This frees up your working capital for other profit-generating activities or investments.
Tax Advantages
Leasing may allow you a dollar-for-dollar write-off of the lease rental payments. With the new tax laws, the depreciation advantage of ownership is far less attractive when compared to leasing. Profitability is derived from the use of the equipment, not the ownership.
Save Bank Lines of Credit
Leasing preserves your bank line of credit so that you are ready should a business opportunity or unexpected demand for cash occur.
Custom Tailored To Your Needs
Leasing can be tailored to fit your budget requirements. At the end of the lease term, you will have the option of purchasing the equipment, releasing the equipment or simply returning the equipment to the Lessor.
Provides Additional Line of Credit
Leasing allows the Lessee an opportunity to acquire more equipment without having to extend bank lines of credit or exhaust working capital.
Maximizes Cash Flow
Because most leases are 100% financing, Lessees can preserve cash and spread payments out over the life of the leases with zero down.
Off Balance Sheet Financing
Leasing may give you an opportunity (depending on structure) to write off lease payments as an expense and avoid listing the asset and liability on your balance sheet.
Protects against operating obsolete equipment
Leasing allows the Lessee to upgrade equipment on a specific schedule and avoid being stuck with out-of-date equipment.
Contact Us
Let us know how we can help
