Equipment Operating Leases

When your company needs access to the latest equipment without tying up capital, an operating lease can be the smartest move. Industrial Equipment Capital helps midsize and larger companies acquire the equipment they need through customized operating lease structures that protect cash flow and create financial flexibility.

With IEC Financial, you can expect simple paperwork, speedy approvals, and flexible payment options, designed to meet the needs of your unique operation.

Why Choose an Operating Lease with IEC?

Choosing the right equipment financing partner is just as important as choosing the right equipment. With experience in machine tool manufacturing and material-handling industries, our team connects you to lease options you can trust to conserve cash and keep production moving.

Lower Monthly Payments

Operating leases typically have monthly payments that are 30–40% lower than capital leases, giving your business better budget flexibility for other priorities.

Preserve Cash Flow

With most transactions requiring no money down, you can put equipment to work immediately without significant upfront costs — an attractive option when capital expenditure budgets are already stretched!

End-of-term Flexibility

At the end of the lease, return the equipment, exercise a purchase option, or refinance.

If you plan to return the equipment, we advise providing written notice to your bank more than 90 days before the lease expires. If you plan to refinance, IEC will request a payoff and available options from the bank, allowing you to refinance with the lender of your choice.

Potential Tax Advantages

Because of the nature of operating leases, many companies treat them as off-balance-sheet items. While IEC can guide you on the possibilities, we recommend consulting your CPA to understand how leasing impacts your specific financial statements.

Ready to explore your options? Contact the IEC team today and discover why businesses across manufacturing and industrial sectors consider us their premier choice in equipment leasing.

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What Equipment Can You Finance with an Operating Lease?

Operating leases are especially effective for high-value, high-use assets where upgrades or turnover are common. IEC works with clients across industries, but we most often finance:

CNC Machines and Machine Tools

Material Handling and Forklifts

Lasers and Fabrication Tools

Additive Manufacturing Machines

Injection Molding Equipment

Paving and Heavy Equipment

Boom and Scissor Lifts

Because operating leases are tied closely to remarketability, the equipment must meet specific criteria regarding age and value. Typical lease terms range from 3 to 7 years, depending on the type of asset and its resale potential.

Don’t see your equipment listed here? Contact us today to speak with one of our team members or visit our FAQ page for more information.

Testimonials

Vince Marlowe

Allied Precision Machining, Inc.

IEC is the fastest and easiest capital equipment finance service I have ever used. The one-page application streamlines the process, and working directly with the bank has always required a large amount of paperwork and time.
JD Lorenz

Industrial Strength Corporation

IEC’s streamlined loan process is so fast and easy. You have gained my trust, as I believe I have gained yours. I know over the next 5-10 years we will be purchasing numerous machine tools and IEC is my go-to financier.
Joe Munich

High Speed CNC

Dealing with IEC and Matt Kooba for the financing of my milling machines and lathes has been easy and painless. I have financed three equipment purchases totaling more than $650K. The paperwork was minimal and the service and response was timely.
Jim Hogin

Hogin Machine, Inc.

Matt Kooba and Industrial Equipment Capital have been a key factor to the success of Hogin Machine, Inc. Matt simply does what he says he will do and in a timely, professional manner.

Partner with IEC Financial

When it comes to choosing an equipment leasing company, businesses choose IEC for more than flexible rates and terms. Our role as an equipment loan company is to connect you with the right banking partners and lease structures that fit your operation. We will never push you into a one-size-fits-all solution.

By working with IEC, you gain:

Access to a wide network of banks and lending partners
A team with years of experience in heavy equipment financing and industrial equipment leasing
Flexible end-of-term options that align with your long-term strategy
A responsive partner who understands both manufacturing and material-handling industries

Ready to explore an operating lease for your next equipment purchase? Contact IEC Financial today to learn more about equipment leasing, financing rates, and how we can help keep your business moving forward.