Financing - Leasing
ETA Leasing, LLC provides financing for renewable energy transportation systems.
Advantages of Equipment Leasing:
Customized Lease Programs
ETA Leasing, LLC draws from multiple funding sources to give our company the flexibility to structure leasing transactions based on many variables, including credit rating, size of the transaction, asset type and industry.
Advantages of Equipment Leasing:
- Leasing can be tax advantaged – When structured as a capital lease, a lease may allow you to receive tax benefits. Often, tax benefits received from the ownership of equipment by ETA Leasing, LLC is passed onto the lessee through competitive rates and lower fees.
- Up to 100% financing with fixed monthly payments - Leasing is not subject to market fluctuations and interest rate increases. This can make it much easier to project cash flow and budgets for planning purposes.
- Leasing preserves credit lines – Credit lines with banks are precious and often, difficult to establish; conserve those for inventory, A/R or other uses and emergencies.
- Minimal cash outlay – Equipment leasing allows the use of capital generating equipment without a huge cash outlay and can often put funds in your account by utilizing Section 1603 cash grants.
For example, in the resort business, the ideal golf cart lease contract is one that allows for a payment schedule that matches the cash flow of the resort, that matches a service contract with in-house maintenance capabilities, and that allows payments to be written off as operational expenses. |
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Under the Staggered Delivery Program the fleet of carts is not delivered en masse but staggered throughout the season as business builds (if this is a seasonal operation). One-third of the fleet might be delivered immediately prior to the season, another third as business begins to pick up, then the final third as business begins to peak.
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