Finance or Lease Your Lab Equipment with Ease
GeNESIS Commercial Capital specializes in laboratory equipment financing, leasing and loans for small and medium-sized business throughout the United States.
Regardless of where you are buying your lab equipment, we can provide fast, cost effective financing with rates as low as 4.9% to get you on the road to making money.
We are an A+ BBB rated direct lender, not a big bank, which means you avoid blanket liens, restrictive covenants and other typical bank mandated ‘surprises’.
We also offer an application only program up to $250K to save you time and flexible pay structures like 90-day deferred payments, seasonal payments (and more) that closely match the revenue generated by your new equipment.
Our lab equipment financing specialist is standing by to help you get financed. Fill out our quick from to schedule a time to speak to a member of our equipment financing team.
Plus, don’t forget to ask us how a lab equipment lease can save you big on taxes with Section 179 tax deductions!
Get Your Lab Equipment Financed!
Benefits of Financing Your Lab Equipment with GeNESIS Commercial Capital
GeNESIS Commercial Capital features simplified documentation, easy one-page applications, no financial statements (in most cases), accelerated approval times, and more. It’s all designed to give you the equipment you need without delay.
Avoid Bank Restrictions
By leasing, you avoid blanket liens, restrictive covenants, rate escalator clauses, “call anytime” provisions, compensating balance requirements, or any surprises that typically are part of traditional lending arrangements.
GeNESIS will customize your lease payments to closely match the revenue generated by your new equipment. Examples of Flex-Pay Structures include 90-day deferred payments, seasonal payments, and step-up payments.
Meet Our Team
We collectively bring over 40 years of experience in helping business owners just like you finance and lease equipment to grow your business.
We take a personalized approach to identify the best financing solutions for your specific equipment acquisition.
Fill out our short form to get started. We will have a specialist reach out to discuss options to finance or lease lab equipment.
Need help right away? Call us at (949) 428-5521 from 8am to 5pm Pacific Time to speak directly with one of our laboratory equipment financing specialists.
Are You a Vendor? We Have a Great Vendor Financing Program for You.
Lab Equipment Financing Disclaimer
*Not all applicants will qualify for financing or leasing. All programs and rates are subject to final approval by Genesis Capital, and are subject to change at any time without notice. If a transaction is over $250K, then supporting financial documentation will be required. This advertisement is not intended to offer any tax advice or other advice. Applicants should consult with their tax advisers concerning their specific tax situations.
New to Financing? Here is a breakdown of laboratory equipment financing, laboratory equipment leasing and laboratory equipment loan options to help guide you.
Most business owners find us when searching for laboratory equipment loan with a general need to purchase and finance their equipment. You may not realize it, but there are different ways of funding laboratory equipment acquisition. Each with its own unique benefits.
Laboratory Equipment Loans
Laboratory equipment loans are the most commonly known financial instruments to purchase equipment. They generally include a down payment with varying repayment terms.
A laboratory equipment loan often uses the equipment as collateral, however, the lender many require additional covenants and sometimes file a blanket lien against your business.
When your laboratory equipment loan is paid off, the equipment is yours to continue to use or resell. In these terms, your obligations to the lender are unambiguously complete.
Traditional laboratory equipment loans usually result in the lab equipment being a capital expenditure and that effects your financial balance sheet and the way you can depreciate it.
Laboratory equipment loans are a financing option offered by most traditional banks and due to the restrictive covenants it is not a financing structure that we choose to offer.
Laboratory Equipment Financing
Lab equipment financing is a general term indicating you may be looking for a loan or an equipment finance agreement (“EFA”) in order to preserve your valuable cash or working capital.
Financing provides fixed monthly payments with a range of repayment terms. At the conclusion of your laboratory equipment finance agreement there is no buyout and you will have no future financial obligation to the lender.
Unlike a bank loan, our equipment finance agreements do not require any collateral other than the lab equipment. In addition, we don’t take blanket liens, require you to maintain financial ratios, or include other covenants often required by banks.
Laboratory Equipment Leasing
Leasing lab equipment also provides fixed monthly payments, but has the added benefit of covering 100% of the equipment cost plus any warranties/accessories plus any sales tax.
Similar to an equipment finance agreement, our laboratory equipment leases do not require covenants, blanket liens or additional collateral.
An additional benefit of lab equipment leases are the possible tax advantages. We can structure your laboratory equipment lease to meet the requirements of Section 179 tax deductions. Or, we can structure your laboratory equipment lease allowing you to deduct the entire monthly payment.
The major difference between laboratory equipment financing and a lab equipment lease is the added flexibility. You have three options at the end of a laboratory equipment lease: 1) You can return the laboratory equipment and walk away; 2) Or you can purchase the laboratory equipment for the pre-set purchase option (i.e. $1.00, 10% or Fair-Market-Value); 3) Or you can continue making the monthly payments until you decide to exercise the purchase option or return the laboratory equipment.
Which Laboratory Equipment Finance Solution is Best for Me?
Figuring out whether a laboratory equipment financing agreement or lab equipment lease is your best option is exactly what we are here to help you decide.
Our laboratory equipment financing & leasing specialists are at the ready to review your company’s project and needs to craft the optimal solution for your company and your budget.