We`re in need of offering a lease with flexible terms as we launch a new capital product. We`ve found several leasing companies that we could work with, but I`m not a fan of their terms (from the customers perspective, these are very expensive). We are hand picking our initial customers and building strong relationships. We have no issues with recourse back to us for failure to pay (i.e. - there is no value to us in the leasing company taking this risk on their books and pricing the lease accordingly). We`d like to offer a lease to our customers ourselves for the next 12 months or so. Anyone have some direction on where we could get some sound advice on how to offer and structure a lease ourselves rather than through a leasing company?
We structured ourselves a bit differently, but it has worked well. Having all assets in an LLC means that you can be very flexible about taking investment through the LLC (can be from companies, non-US citizens, etc). The disadvantage is that you have to offer membership, not stock. We have an S-Corp that is owned and controlled by the founders. This allows us to issue stock in any way and any amount we want (as long as we don`t violate rules and lose S-Corp status). The S-Corp is the Manager of the LLC and all assets and IP are held by the LLC. The S-Corp holds a controlling interest in the LLC. Thus, the founders continue to manage the company, accrue S-Corp / LLC benefits, yet we can flexibly raise funds by offering Membership in the LLC. Not sure if this is what you are looking for, but an S-Corp managing an LLC has worked very well for us so far.