
Flexible Options
- Fair Market Value Leases
- Capital Leases
- Full-payout Term Financing
- Deferred Payment Options (for up to 6 months)
- Step Payment Options
Laerdal has partnered with Blue Street Capital to help reduce one of the major barriers faced by our customers today: the lack of funds. Blue Street Capital has a variety of financing plans that can help you secure funding for your simulation solutions needs today. Together with Blue Street Capital, Laerdal can help you identify the solutions for your simulation needs and then work with you and Blue Street Capital to find the best financial solution to maximize the benefits of financing and leasing.
Blue Street Capital has developed creative financing and lease options to meet the needs of Laerdal customers that allow them to conserve their cash and working capital, as well as preserve their current lines of credit. In addition, the decision to lease simulation equipment can also result in a variety of tax benefits and deductions.
Find a payment that fits your needs. See how you can get the solutions you need today!
Complete the online application to find out how quick and easy it is to start the approval process.
Blue Street Capital can extend numerous ways to cost effectively finance your simulation needs. Together, we can assist you through all phases of your simulation equipment lifecycle, including assessment, acquisition, utilization, and disposal. Blue Street Capital has the ability to approve a wider range of credits than large banks and capital leasing companies. They can also finance a wider variety of equipment, software, and even services than most other financing institutions. With best-in-class financial options tailored to meet your specific needs, Blue Street Capital has you covered.
Payment terms normally range from two to three years with monthly payments, but we also offer shorter and longer payment terms as well as quarterly, semi-annual, and annual payment plans. Blue Street Capital’s process is quick and convenient with simple one-page lease applications, fast quotes, pre-approvals, competitive rates, preventive maintenance and extended warranty financing, and dedicated, experienced finance professionals assigned specifically to help Laerdal customers.
One of the biggest benefits to leasing is the ability to upgrade equipment as needed. The only way to stay on the cutting edge is by adopting new technologies as they become available. Leasing makes this possible without dramatically increasing technology spend.
Often, portions of your acquisition, such as software, education and maintenance programs can be difficult for other finance companies to manage. But with Blue Street Capital, they have intentionally created flexible, easy-to-manage payment plans for the services you need to complete even the most complex projects.
One of the advantages of financing is that training, shipping, installation, software and preventive maintenance CAN be financed and included in the financing payments. Unlike loan financing, these costs, also known as “soft costs” can be included in the financing agreement.
Insurance is required for the duration of the finance agreement. An Insurance Authorization page will be included with the initial document package. We can reach out to request the certificates of property and liability on your behalf.
Yes. This is known as a sale-leaseback. We can consider Sale Leaseback transactions, assuming the purchase took place within 60 days of the approval/review date and funded within 90 days of original purchase date.
Blue Street Capital does offer working capital options. The overall product structure – $25k to $500k, 1-5 year terms and funding within 7-10 business days. Please contact us for more details and structure options.
Payment Type & Features |
Cash |
Loan |
Finance Agreement |
Cash Flow |
Buying has an immediate impact on cash flow by diminishing cash reserves. | Down payment required and loan payments are generally higher than lease payments. | No down payment required. Financing usually has less impact on cash flow due to lower payments. |
Line of Credit |
Liquid assets are depleted and may affect credit. | Taps the line of credit. | Does not affect line of credit. |
Equipment Risk |
The owner bears all the risk of equipment devaluation. Obsolescence must be tracked by the owner. | The owner bears all the risk of equipment devaluation. Obsolescence must be tracked by the owner. | In many finance agreements, the burden of taxes and insurance is managed by the financier. |
Asset Liability |
Owners must manage asset liability on their books. Financial accounting requires owned equipment to appear as an asset with a corresponding liability on the balance sheet. | Owners must manage asset liability on their books and are required to have equipment appear as an asset with a corresponding liability on the balance sheet. | Operating lease assets are expensed. Such assets do not appear on the balance sheet, which can improve financial ratios. |
Rate Risk |
Cash should be used for income producing investments since you pay with today’s dollars at today’s value. | Banks prefer to loan money on a floating or variable rate tied to prime. Rate risk is on the customer, not the bank. | Payments are fixed for the finance agreement term. Pay with next year’s inflated dollars – take advantage of inflation. |
Soft Costs |
Soft costs such as installation, training can erode cash reserves. | Banks rarely finance soft costs. Cash is usually needed. | Financing may cover all soft costs including maintenance and software. |
Upgrade |
Owners must manage disposal/selling of outdated equipment. This can slow down the upgrade process. | Owners must manage the disposal/selling of outdated equipment. This can slow down the upgrade process. | Financing allows for easy upgrades or additions and keep the same payment by simply extending the lease term. |
Here are a few ways equipment financing can benefit your company:
With financing, you only need to cover the monthly payment for the new equipment to be profitable from the first month. Example of the cost effectiveness of a finance agreement: A monthly payment of $500 divided by 30 days = a daily cost of only $16.67! Divide $16.67 by 8 work-day hours to get an hourly cost of $2.36!
TAX BENEFITS: The IRS does not consider an operating lease to be a purchase, but rather a tax-deductible expense where the entire payment may be 100% tax deductible. The equipment is not recorded as an asset, nor does it become a long-term liability, and instead can be treated as an off balance sheet operating expense.
Tax treatments are determined by state and the end of term option [Buyout Option]. Documentation fees are taxable in California. Sales tax will be collected and remitted to each state by Blue Street Capital, LLC. Sales tax will always be based on the equipment location.