Benefits of Working with IFS

The capability to produce a highly demanded, quality product is why your business is a success.

That success, among other factors, is predicated upon having the proper equipment, technology, and people. The ability to keep up with changes in technology, efficiency, and customer demands require a strong financial partner dedicated to focusing on your future, not your past. Equipment financing with IFS provides a number of key benefits. The main reasons our clients use us instead of their bank are as follows:

• Greater Advance Rate – Many banks and other financial institutions will only advance 80% of hard costs and will not fund the necessary soft costs. IFS has the ability to advance 100% of the hard costs and up to 25% more for soft costs. (freight, delivery, installation, rigging, electrical, sales tax, etc.) IFS can and will finance your entire project with as little as one payment up front. Most banks have restrictions that only allow them to fund 80% of the whole project. When combined with the income tax savings by financing 120% of the project, this difference can represent an additional 30-50% in costs.

• Fewer Restrictions – Because we know our industries, IFS knows the value of your equipment. We do not refer to your new piece of equipment as a “widget” (like most banks). We understand the equipment, its value, and how it will make your future more profitable. This allows us to structure equipment financing or equipment leasing with far fewer restrictions. We rely on your expertise to run your company. IFS rarely requires restrictions on working capital ratios, no compensating balances are required, nor do we routinely place restrictions on capital expenditures, additional borrowings, or officers’ compensation. Available liquidity can position a client for “once in a lifetime” opportunities.

• Independence – You and your partners may own the company, but if you have all of your debt with one lender, that lender can exert significant control over your company. A diversified pool of lenders is the best way to make sure you always retain complete control of your company at all times.

• Cash Flow – Cash is king. Retain as much cash as possible for your operating expenses and working capital while spreading your payments out economically over time. IFS will match your low payments to best suit your cash flow needs, current and future. Avoid spending cash that has already been taxed, give yourself more buying power with a structured finance or lease option thru IFS.

• Tax Advantages – IFS is always current with tax advantages. Tax advantages can change from year to year, and IFS associates have the know how to help you take full advantage of the current offerings. Programs at IFS are designed to allow you to keep as much of your money as possible no matter the size and term of the deal, while still running the most current and up to date equipment. As always, IFS recommends that our clients check with their own legal and tax professionals.

• Personalized Solutions – Financing with IFS provides you with the flexibility to structure a finance program that meets your needs. IFS offers many special low payment programs catering to unique cash flows. IFS wants to meet as many of your needs as possible, not just one or two. If you need six months of no or low payments, combined with one of our other programs, structured as an operating lease or finance lease, (equipment loan) we have the ability to get it done. Our goal is to make your equipment acquisition as easy as possible, by setting up the financing to eliminate as many of your concerns that might exist..

• Immediate Response – If there is one thing we are most proud of, it is our consistent and immediate response to our clients. IFS will typically approve your deal inside of 72 hours, upon receipt of your credit package. By working with our own funds, IFS approves deals under three million dollars in house. We have been told a number of times from our clients that other financial institutions will not return a call in 72 hours; much less approve the entire deal. Our ultra fast turn around time allows you to continue moving your project forward. A stalled project, regardless of the sticking point, always costs more in the long run. IFS has the ability to move as fast as our clients want us to move.

• Hassle Free - Financing with IFS is as painless and hassle free as possible. Let the experts at IFS handle your financing needs. Our experienced staff will guide you through the entire process, and make sure you understand every step of the way. We make sure that all of our clients are comfortable and well informed with every action, leaving nothing to the imagination.

• Great Rates - IFS has great rates, now even lower since the recent Fed action.