FAQ's

Who is RedBaron Leasing?
We are a small, customer-focused leasing company located near Fort Worth, Texas.

What do you do?
We primarily assist businesses in obtaining lease financing for equipment. We are also able to assist businesses in obtaining capital for equipment or operational needs.

What types of equipment do you lease?
We lease a wide variety of equipment. Examples include: office furniture, office equipment, computers, software, phone systems, security systems, construction equipment, welding equipment, heavy equipment, restaurant equipment, auto repair and diagnostic equipment, medical equipment, etc.

Can soft costs be included in a lease?
Yes. A percentage of the total amount of the lease can include soft costs such as installation, delivery, warranties, maintenance plans, etc.

Who do you lease to?
We lease to businesses, churches, non-profits, schools, and governments. We do not do consumer leases.

Why choose leasing over cash or other financing options?
There are distinct advantages to leasing, including tax benefits in many instances. Approximately 80% of US companies lease some or all of the equipment they need to operate. Contact us for more information about the benefits of leasing.

What kinds of terms are available?
Terms usually range from 12 to 60 months. Longer terms are available for certain types of equipment. At the end of the lease term, the equipment can be returned to the lender or purchased. Purchase options include $1.00 buy out, 10% of the original value, or current fair market value (FMV).

How do I apply for a lease?
Transactions up to at least $75,000 usually require only a one-page credit application. For larger acquisitions, additional information may be required by our lenders.

Is there a down payment requirement?
A security deposit equal to two payments is usually required. This deposit will be returned to you at the conclusion of the lease, or applied to your final two payments. There may also be a small administrative fee due prior to commencement of the lease.

I am a vendor. I am interested in offering leasing to my customers. How does that work?
The process is simple:
1. Your customer completes a credit application.
2. Once we notify you of credit approval and the customer agrees to the terms, you will deliver the equipment to the customer.
3. After delivery, you will receive a check for the full amount of the invoice. (In some instances, pre-funding may be available to cover costs such as delivery or installation.)

I am a vendor. What happens to me if one of my customers defaults on a lease?
Nothing. You are paid in full as soon as the customer accepts delivery of the equipment. If the customer defaults, RedBaron Leasing and/or our lenders will be responsible for collecting payment from the customer. (The only exception would be instances in which a vendor knowingly engages in fraudulent activity.)