Equipment leases designed for life science companies looking to improve R&D, scale efficiently, and manage cash flow more effectively.
We do not maintain an inventory. Instead, we source the equipment when you need it.
As a lab equipment leasing company founded by a former researcher, we’re dedicated to removing the barriers traditional procurement and financing pose to laboratories.
Don't spend your budget and funding on fixed assets that depreciate over time or even become obsolete.
Lease what you need and skip the significant cash outlays required to purchase new equipment, all while preserving working capital and extending cash runway.
This helps you maintain or increase your operational and financial flexibility.
Use the working capital you save to reinvest in other areas of business.
Our lease agreements are founder-friendly and flexible, helping you preserve working capital, strengthen the cash flow of your business, and keep business credit lines open for expansions, staffing, and other crucial operational expenses and business development opportunities.
Leases range from 2 to 5 years. Length will depend on several factors, including how long you want to use the equipment, equipment type, and your company’s financial position. These are standard factors leasing companies consider and help us tailor a lease agreement to fit your needs.
We don’t carry an inventory. This means you’re not limited to a specific set of manufacturers. Instead, you can pick the equipment that aligns with your business goals and preferences. We’ll work with the manufacturer of your choice to get the equipment in your facility as quickly as possible.
Bundle preventive maintenance and repair coverage with your lease agreement. You can spread those payments over time. Easily maintain your equipment, minimize the chances something will break down, repair instrumentation quickly, and simplify your payment processes.
At the end of your lease, you have multiple options. You can either renew the lease at a significantly lower price, purchase the machine outright based on the fair market value of the original pricing, or call it a day and we’ll come the pick up the equipment for you free of charge.
Our leases do not include loan-like terms, which can be restrictive or harmful in certain situations. We do not require debt covenants, IP pledges, collateral, or equity participation. Our goal is to maximize your flexibility. When you lease with us, you’re collaborating with a true business partner.
Our underwriting is done in-house. You can expect quicker turnaround, allowing you respond to your equipment needs as they arise. We require less documentation than traditional lenders and financiers and can get the equipment you need in operation more quickly.
Operating Leases
An operating lease is an agreement where the lessee uses an asset for a specific period but does not own it. Benefits include lower upfront costs, flexibility, reduced risk, improved cash flow, and tax advantages.
It can be an excellent choice for businesses that need to regularly update equipment or technology without incurring high upfront costs or assuming the risks associated with ownership.Our operating leases include three options at the end of the term. The lessee has the option to return the equipment to the lessor, renew at a discounted rate, or purchase the instrument for the fair market value (FMV).
Sale-Leasebacks
If you recently bought equipment, Excedr can offer you cash for your device and convert your purchase into a long-term rental. This is called a sale leaseback. If you’ve paid for equipment within the last ninety days, we can help you recoup your investment and allow you to make low monthly payments. This also frees up money in your budget rather than tying it down to a fixed asset.
Read about the differences between equipment leasing and financing. Although equipment leasing is a type of financing, its characteristics differ from that of a loan or line of credit. Learn which is right for your business.
Learn about equipment leasing, why to lease with Excedr, and the difference between common lease types. This in-depth guide also covers leasing misconceptions, the pros and cons of purchasing with cash, and more.
Explore the most common equipment leasing options: operating leases and capital leases. Learn the key differences and make more informed financing decisions. Read this post for more details.
Don't be intimidated by unfamiliar terms and acronyms when dealing with leasing companies, equipment distributors, or manufacturers. Gain valuable knowledge about leasing terminology and negotiation tactics. Dive into this post to expand your leasing expertise.
Browse a selection of the equipment we lease. If you’re ready to lease, request a lease estimate.
.png)
