Application Only Transaction

UCA Funding's "application only" program allows the client to borrow amounts of up to $150,000 with the only requirement being the completion of a one page application. A credit decision for this product is typically achieved within a couple of hours. 

Commercial Leases & Loans

UCA Funding's program for larger leases and loans of over $150,000 to $25,000,000 offers our most aggressive pricing available; this program provides for some of the lowest rates available anywhere in the industry. Businesses will be required to provide two years of audited or reviewed financial statements and/ or corporate tax returns. In a closely held corporation, there might be an additional requirement of two years of personal tax returns for the majority shareholders. 

Capital Lease - $1 Buyout, E.F.A., or Bargain Purchase Lease

These options combine low fixed monthly payments with the guaranteed right to purchase the equipment at the conclusion of the term at a predetermined price. These programs are an overtly attractive option for companies purchasing equipment that will not lose any significant value by the time the lease terms out. These structures are a great option for companies who are looking to retain the equipment at the end of the term. 

Fair Market Value (FMV) Lease

FMV leases provide for greater flexibility and lower monthly payments than the standard capital lease format. The key benefit is the number of preset end-of-lease options: 

The FMV lease may also carry a predetermined ceiling on the end-of-lease purchase price (i.e. a fair market value purchase option not to exceed 10% of the original equipment cost). In addition, the FMV lease may also qualify for the tax deductible benefits of a True Operating Lease. 

Deferred Payments

The initial payments are deferred 60 to 120 days to accommodate for cash flow/capital budgeting requirements. This allows for companies to start generating revenues on their new equipment before they are required to start making their monthly payments. 

Seasonally Adjusted Payments or Skip Payments

Lease/Loan payments are adjusted to accommodate businesses that experience seasonal influxes of revenue and cash flow. Payments are set lower for the company’s "off-season" months and set slightly higher during the months of the year that these businesses traditionally have stronger revenue and cash flow. 

Step Payments

Payments are “stepped up” (increased in amount) or “stepped down” (decreased in amount) to accommodate the borrower’s anticipated cash flow pattern as the company begins to see its return from the acquired equipment. 

TRAC Leases

A type of lease that employs many of the same benefits of a true lease, but is designed specifically for over-the-road vehicles where special provisions of the tax code allow for predetermined end-of-lease valuations. Since this lease structure entails a predesignated end of term buyout, this allows for a substantially lower monthly payment than would be experienced in a typical lease. In addition, the end-of-term options allow the lessee to keep the vehicle at the predetermined value, return the vehicle with no further obligation, or continue leasing the equipment.