Gulf Coast Leasing, Inc. - flexible and creative asset-based financing

Sale & Leaseback Programs

A sale and leaseback arrangement takes place when a company sells fixed assets, currently owned, for cash to a lessor and leases the same from the lessor. This converts a fixed asset to cash. The selling price can be appraised value or book value, whichever is acceptable to the lessor. The book value may be best for the lessee to eliminate taxes.