Frequently Asked Questions

Who is Liberty Capital Group, Inc.?
Liberty Capital Group, Inc. is an established equipment leasing company with powerful partners throughout the equipment industry. Dealers, manufacturers, trade show presenters and many others in the industry have partnered with Liberty Capital to provide their customers the highest quality service at very competitive rates. Our experienced Account Managers will always be there to help in conjunction with our excellent leasing programs. Our presence throughout the industry enables our customers to obtain fast equipment lease approvals, highest quality service and competitive rates.

Why Lease?
Businesses of any type will eventually need capital for expansion or improve productivity. Leasing can be an easy fix in solving cash flow problems. Lease can provide 100% financing with very little out of pocket. Most Leases will include soft costs often associated with equipment purchases, such as installation, training services and delivery.

Why not just pay Cash?
Anyone can opt to pay cash, but what happens when you need capital tomorrow for emergencies, working capital, payroll and marketing? Spending all your cash to purchase equipment may put you in a difficult position. People who choose this route often find themselves using credit cards and paying a daily compounding rate around 18-20%.  In addition, credit cards increases debt ratio which negatively affects personal credit.

Does lease affect my personal credit?
Lease with Liberty Capital does not show up on your personal credit. We may view your personal credit to ensure you are receiving the appropriate rates that fits your creditworthiness. We do offer CORP ONLY transaction, if qualified, Liberty Capital will waive your personal guarantee.

Why not go to my bank?
Banks can pick and choose who they want to work with; therefore, will only approve quality credit clients. Working with banks can be a frustrating process with all the restrictions that are in placed along with collateral requirements and many others. Liberty Capital will work with all types of credits with one simple goal-all lessees are equal. Liberty Capital approves customers "turned down" by banks!

What kind of equipment can I lease?
Liberty Capital lease all types of equipment ranging from office equipment to heavy machinery and many more.

How much can I lease?
Liberty Capital will consider lease starting from $5,000 up to $800,000 under our commercial transaction program.

Will I provide financials or tax returns when applying for a lease?
Liberty Capital offers Application Only Program up $150,000 without any financials. Must be multiple pieces of equipment to qualify. 

What are included in the lease?
In most instances, lease will include soft cost, which covers from installation to delivery.

What are the tax advantages to Leasing?
There are many advantages to leasing and will vary depending on your situation. Please see the Benefits & Advantages page for more details on this subject.

Are there any pre-payment penalties?
No, there are no pre-payment penalties. You should consult with your tax advisor prior buying out your lease because there may be tax consequences on an early buyout.