One new feature that we're rolling out for our Fidelity Capital clients in 2015 is the Fidelity Capital Wish List. The general idea is that there are businesses that have a ton of needs in regard to equipment and software, but they don't have the time or interest to get all of the budgeting figured out that will make it work.
Now, we're making it easier than ever before for you to get exactly what you want. With the Fidelity Wish List, all our clients will have to do is give us a list of what they want, and we will build a master lease line around your company's needs. Simple!
But how exactly do we accomplish this?
CapEx budgeting is the process of finding and tracking the funds that you have available to your business to either acquire or upgrade new business assets. In the case of Fidelity Capital, those assets are likely to be pieces of equipment or software. Certain industries are more likely to be capital intensive than others, but the general idea for all of them remains the same: you need equipment, we provide the leases based on the capital you have available to budget toward payments.
Any company that is interested in increasing the scope of its operations through equipment upgrades or expansion needs to be able to prepare a solid capital expenditure budget. Without it, you have no way of knowing exactly what kinds of equipment you can afford and what the structure of your lease should look like.
Preparing this CapEx budget is the most important step that we take to allow us to grant the items on your wish list.
Ultimately, the point of the Fidelity Wish List is to make getting the items you need for your business easier than ever before. Using the wish list is easy — all you need to do is tell us what you want. Implementing the wish list is easy — you let us do all the budgeting work.
So what's the next step? Choosing the right financing or leasing source.
Fidelity capital works with you to choose the correct tools to use to purchase the equipment you need. For example, we have a very wide range of leasing options available to our clients, including step up leases, step down leases, deferred payments, seasonal leases, capital leases and operating leases.
When you discuss your Wish List with a Fidelity Capital representative, we analyze your budget and your wishes and determine which option is best to meet your needs. Using a master lease line, we secure all purchases and allow for multiple lease schedules so you don't have to worry about paying interest on the whole master lease. You pay for what you take out.
Getting your wishes fulfilled has never been this easy. Contact us today at Fidelity Capital for more information about how we can help to deliver the items that you have on your wish list. We'll make the process simpler than it's ever been for you before!