What is the right product for you?

When you’re trying to get the equipment you need for your business to grow and generate profits, it can be difficult to make the right choice. The Pinnacle product lets you focus on obtaining assets for profit generation by combining effective financing solutions. Learn more about an Equipment Finance Agreement and other lease payment options.

Equipment Finance Agreement (EFA)

An Equipemnt Finance Agreement (EFA) is Legacy’s version of a standard loan. This type of contract is our most popular product because it’s familiar and easy to understand. An EFA allows you to depreciate your equipment over 2 – 5 years while writing off the interest paid within a given tax year. An EFA allows you to take advantage of the IRS’s Section 179 depreciation schedule. Contact us today to learn more about our rates.


Capital Lease

This is our $1.00 buy out lease, which allows you to pay for the equipment over the lease term, after which the title passes for nominal consideration. These leases may not be directly expensed for tax purposes, requiring you to capitalize and depreciate the equipment over its guideline life.

10% Purchase Upon Termination Lease (PUT)

The 10% Purchase Upon Termination Lease (PUT) is considered an operating lease and is characterized as off-balance sheet financing. Rentals are treated as rental expense.

Payment Plans

Payment Plans

We understand that small business has unique cycles, especially pertaining to cash flow. That’s why we are committed to providing you with flexible and convenient payment plans.

Seasonal Skip Payments

If you experience an annual decrease in cash flow, Legacy gives you the choice to make 9 payments annually instead of 12. You tell us when cash flow is the lightest, and we’ll structure your agreement accordingly.

90 Day No Payments

If you need some time to benefit from your equipment purchase, try this payment schedule. With the 90 Day No Payments Plan, you simply make one payment in advance, then make no payments for the next 90 days!


If you are ready to acquire new equipment, but want to preserve cash flow for an extended period of time, then the 6×100 is the best choice. You make payments of just $100 for the first six months.

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