Frequently Asked Questions

Who is Liberty Leasing Services, Inc.?

Liberty Leasing Services, Inc. specializes in the development and implementation of lease financing programs for equipment manufactures, dealers and distributors throughout the United States.

What types of equipment can I lease through Liberty Leasing Services, Inc.?

Our lease financing programs and solutions can be utilized for a vast array of equipment types. If you don't see the specific equipment type you are interested in leasing listed on our site, please  contact us  and chances are we can tailor a leasing solution to meet your needs.

Will I receive a competitive leasing rate?

Absolutely, Liberty Leasing Services, Inc. takes great pride in  making sure that our solutions are competitively priced.

Is it guaranteed that my application will be approved?

We cannot guarantee that every application will be approved, however, by utilizing the services of Liberty Leasing Services, Inc. and our vast financial network we generally can provide a solution that works for your circumstances. It only takes minutes to  submit an application now.

Will I be required to provide a personal guarantee for the lease?

Generally unless the business has more than 50 employees, time in business greater than five years and a strong D & B credit rating, we will require the personal guarantee of the majority owners or shareholders of the lease applicant.

Is there a minimum equipment cost that can be leased?

Liberty Leasing Services, Inc. will consider lease applications for equipment costing $3,000 or more.

My equipment vendor requires a deposit. What options do I have?

There are a several, they are: you can either lease the whole cost of the equipment including the deposit, pay the deposit and lease the balance or you can request a deposit reimbursement on your application and include your deposit in your lease financing.

Do I need to insure the equipment being leased?

Generally, you will be required to provide proof of insurance for the equipment covered under your lease. This can be accomplished by contacting your insurance provider and adding to the equipment to your existing policy. Another option is request that you may request that insurance be provided on your lease application and the cost will be added your lease payment.

May I include the cost of installation, freight, training, software, etc. in the amount to be lease financed?

Yes, these costs may be included.

Is leasing the equipment still an option if I have already purchased it?

Yes. This is referred to as a "sale-lease back". This option is generally available for equipment that has been purchased within the past 90 days.

Will I be able to finance the remaining balance if I have placed a down payment on the equipment?

Yes, if you choose to make a down payment you can subtract that amount from the total owed on the equipment. For example, if you purchase $60,000 worth of equipment and make a $10,000 down payment, your lease would only finance $50,000. Remember, however, that you will not own the equipment until the lease ends.

Are start-up companies eligible for leases?

Yes, Liberty Leasing Services, Inc. can provide lease financing solutions for companies  that have been in business less than two years.

Can I get approved for a  lease if I have filed for a bankruptcy?

Based on the individual circumstances of each application, Liberty Leasing Services, Inc.  may be able to provide lease financing solutions to applicants with a previous bankruptcy in their credit history.



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