Financing Options - Get the equipment you need now!
Frequently Asked Questions
Yes. We offer financing through several finance sources.
Our finance sources are able to accommodate most credit profiles. Most lease credit applications are approved in two hours or less.
Leasing provides the flexibility to conserve your cash and preserve your line of credit. Leasing can provide you with 100% financing which also helps conserve your capital. Leasing can also provide you with flexibility in payment structure allowing a piece of equipment or technology to become fully operational before you have to start making payments.
Banking and leasing are different types of financing. Banks loans are generally secured while leasing companies do not have any security other than the equipment.
Bank Loan – Reduces your existing lines of credit and your ability to borrow monies in the future. May require additional collateral or down payment. Must appear as a debt on your balance sheet. You bear all the risk of equipment devaluation because of new technology.
Leases – Requires no down payment and finances only the value of the equipment expected to be depleted during the lease. The leased equipment is usually all that is needed to secure a lease transaction. Requires a lease payment at the beginning of the first payment period which is usually much lower than a down payment. Depending on the lease structure, the end user may claim the entire lease payment as a tax deductions. Leases assets are expensed when the lease is an operating lease so such assets do not appear on the balance sheet.
Yes. We offer a few different financing programs through our sources. There are great rates available on traditional leases where the first payment is due 30 after the lease commences. We also offer three special programs.
1. First year free financing – The end uses has no finance expense in the first 12 months of the lease. This program is available for purchases or bundles financed over $10,000. This program allows the purchaser to use the equipment for and entire year before making their first payment.
2. 6-6-5 Program – In this program the end user has six payments of $0.00, followed by six payments of $99, then a traditional 5 year lease. This program is available for purchases over $10,000.00.
3. 90 Days Deferred Program – The end user has 90 days before the first payment is due.
Through our variety of finance sources, we are able to accommodate most credit profiles.
Customer service is worth a whole lot, but most people won’t know about Vetel’s great service until they have a problem. If you have questions or are confused, there’s someone there for you.
Thank you so much for your help and assistance this past month especially but also this past year in calibrating our Vetel systems and finding more user friendly settings. Additionally I wanted to take the time to let you know how much I appreciate your professionalism, friendliness and attention to detail when troubleshooting for us. When our systems are down it represents a loss of income and causes large amounts of stress and as we all know a stressed out veterinarian is nothing short of WWII! With your prompt responses, sense of humor and compassion for what you do makes dealing with a computer glitch so much easier!
On behalf of myself and everyone at Country View Equine Clinic thank you again for all you have done for our clinic!