Kingswood Has A New Website! has been upgraded! The site has been redesigned with one primary focus – helping business succeed.

Kingswood Leasing has over 24 years of experience providing commercial capital solutions to equipment buyers and equipment sellers alike. Our web presence needed to fulfill the same mission of providing an industry leading experience at our valued clients finger tips. With this critical mission in mind, the site has been redesigned specifically for the use of equipment buyers and equipment sellers.

Equipment Buyers have new resources to educate themselves on the available types of financing, the different industries and equipment that Kingswood specializes in, financial documents and forms at their fingertips to download, and a terminology glossary for any unfamiliar financial terms that may be seen. And as always buyers still have access to our financial calculators and secure online application, both of which have also been upgraded to improve our equipment buyer’s experience.

Equipment Sellers have new resources as well in order to take full advantage of everything Kingswood can do for them. Equipment sellers looking for an in-house finance department or an alternative to their current finance broker can apply online and be approved within 24 business hours. Equipment sellers who want to learn more about the benefits of working with Kingswood have resources at their fingertips to compare Kingswood to other commercial finance brokers, download financial documents, browse pre-approved equipment, and find answers to commonly asked questions.

Kingswood Leasing has been leading the way for equipment financing in the hospitality industry for over 24 years. In that time Kingswood has also learned how important it can be to have access to capital for more than just equipment. Working Capital loans have been an ever-increasing part of Kingswood’s commercial capital portfolio and Kingswood is now poised better than ever to offer working capital loans to all of our clients. Those who are interested in learning more about alternative finance solutions or are ready to apply for a working capital loan now have the resources to do so.

Kingswood has also learned how much credit histories can affect a credit decision. The world revolves around credit, whether you are opening a business, purchasing a house, a car, or equipment for your business. Good credit is a major factor in obtaining any loan or lease, and the stronger your credit is, the greater your ability to save hundreds to thousands of dollars of your money. Kingswood has introduced an affiliated Credit Repair program that will deliver personalized attention to each individual’s unique credit history in order to increase your credit score and get the most out of your credit. Unlike most credit monitoring services, our program is temporary, and focuses on removing inaccurate and unverifiable items from your credit bureaus. Individuals interested in a free consultation, now have online resources available to get started.

Our new website has many new pages, features and posts that we will continue to present to you, our valued patrons, as we move forward. We want to thank you for working with us in the past and look forward to help you grow your business. As always, we sincerely appreciate your feedback and the opportunity to earn your business.

Master Lease Agreements – Strong Kung Fu

Kingswood Master Lease Dojo

Master Lease Agreements (MLA) are a type of financing that provide businesses looking to make multiple equipment purchases over a period of time a way to purchase that equipment without having to go through the process of getting each equipment purchase approved. Essentially, a Master Lease Agreement allows a business to get pre-approved to buy qualifying equipment once, and the company can then go through with purchasing the equipment under the approved lease terms when and where they see fit. A Master Lease Agreement is similar to a Business Line of Credit whereas the business can use the MLA to have pre-approved terms to go shopping with. The big difference being that the MLA is specific to qualifying equipment purchases.

A Master Lease Agreement is a pre-approved agreement that may include a number of equipment schedules. Under each MLA, there is a separate equipment schedule agreement that lists equipment leased, terms of the lease, pricing of the lease per equipment schedule, and end of lease options. For example, if Acme Company gets approved for a MLA, and purchases equipment twice using the MLA, there would be two separate equipment schedules (and therefore two separate monthly payments), but only one Master Lease Agreement.

All terms of the Master Lease Agreement are applied to any equipment schedules to be purchased under the MLA. The only difference that may be allowed is a different end of lease option. Terms such as the cost of the money and the available term lengths must remain the same as the MLA in order to be applicable under that agreement.

The greatest advantage to a Master Lease Agreement is that a company does not need to renegotiate terms with the finance company each time it wants to purchase new equipment. A Master Lease Agreement expedites the process of acquiring equipment, and gives business owners additional confidence when working with their budget to invest in new equipment and technology.

If you have any questions regarding a Master Lease Agreement, please contact us for more information. Or apply now if you want to get the company you are working with pre-approved for a MLA.

Kingswood Crushes It At 8th Annual Dover Children’s Home Golf Tournament

Kingswood Leasing Cliff Metcalfe III Golf Team

Kingswood Leasing was proud to be a sponsor and participate in the 8th Annual Dover Children’s Home Golf Tournament. The tournament was again featured at the beautiful Links at Outlook in South Berwick, Maine. Participants competed for bragging rights and over $1,500 worth of prizes, as well as a chance to win a new Honda Accord as a hole-in-one prize.

Kingswood Leasing is a proud supporter of the Dover Children’s Home and their mission. Dover Children’s Home is dedicated to enriching the lives of adolescents and strengthening their family relationships through the highest quality residential treatment services and educational programs.