Endeavor Financial Services is the leading provider of financial solutions for small to mid-sized commercial cleaning operations. Whether you need financing for a truck mount or both the van and truck mount combined into one payment, EFS can do it all along with providing the best financing or leasing program custom designed for your business. Our commercial financing products build your business credit while protecting your personal credit.

Why Lease?

Timing - Leasing allows you to obtain your equipment when you most need it. Putting off an equipment acquisition to save up for a down payment may result in lost opportunity and income.

Conserves Your Capital Budget - Leasing allows you to pay for your equipment with the income it generates. Since payments are made from your operating budget, your capital budget is not depleted. This money can be used to grow your company.

May Improve Taxes - You can generally deduct your lease payments as an operating expense, rather than depreciating the equipment over a long period. Tax savings begin with properly structured financing.

Financial Benefits - Leasing is off-balance sheet financing. This leaves your banking lines of credit available for working capital and operational needs.

Provides More Advantageous Terms Than Bank Credit - Banks generally require a strong relationship and deposits to be willing to finance you. Often this includes cross-collateralization, compensating balances, corporate restrictions, and substantial down payments.

Convenience - Over 90% of all capital equipment is leased. It is the most convenient form of financing today. Leases up to $75,000 are generally approved in 1 business day on an application only basis by fax or phone. Leasing covers 100% of the equipment cost, down payments are usually not required.

Types of Leases

10% Fixed Purchase Option - The Fixed Purchase option provides businesses with the cash flow benefits of a Fair Market Value Lease while giving them the security of a fixed buyout at the end of the term. The amount of the buyout can vary, the most common being the 10% fixed purchase option.

$1.00 Residual Purchase - This type of lease is commonly used when the equipment retains a high percentage of its value throughout the lease. This lease is typically used when the company will definitely retain ownership of the equipment at the conclusion of the lease.