Viken Capital Group

04/02/2024

To reduce risks in leasing, there are straightforward strategies like setting up automatic payments, requiring down payments, collecting security deposits, and asking for extra collateral. These steps help ensure that payments are made on time and protect against potential losses, making the leasing process safer and more reliable.

Viken Capital will help you form and run your own leasing company to mitigate any risks you may have.
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03/26/2024

Viken Capital offers a comprehensive solution for anyone looking to start their own leasing company, providing all the necessary resources and expertise. With Viken Capital, you get a partner that handles all the groundwork, allowing you to focus on growing your business. Start your leasing company journey with ease and confidence.
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03/21/2024

Looking to expand your business's capabilities without depleting your capital? Explore the benefits of captive leasing with us! Captive leasing allows you to finance your equipment directly through a company you own, giving you control over the terms and flexibility while preserving your cash flow. Whether it's manufacturing equipment, medical devices, or office technology, captive leasing is a smart way to support your business's growth. Discover how you can maximize your financial strategy and equip your business for success.

Viken Capital is here to put your company on track to grow!

03/11/2024

Unlock the power of strategic investment with Viken Capital! By forming and managing captive leasing companies, we offer a remarkable opportunity for your investment to flourish. With annual earnings of 15% and the magic of compounding, your capital is set to double every 4.8 years. Dive into a world where your financial aspirations become reality. Explore how https://www.vikencapital.com
can transform your investment journey. Your future awaits!

Contact us Today!

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03/07/2024

Are you ready to unlock the secret to boosting your profits? Discover the power of creating your own captive leasing program with Viken Capital! In an era where lenders are tightening credit standards, owning your own leasing business can be a game-changer for your equipment dealership. Imagine your business netting 15% pretax or more—this can be your reality. Don't let your customers struggle to secure financing; offer them a solution that benefits both them and your bottom line. Join us at www.vikencapital.com and start building Your Very Own Very Profitable Business today!

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03/06/2024

11/29/2023

Maximize your gains with every equipment sale—because in the world of business, more profit means more power. 💰

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08/24/2020

Captive Leasing Company Ownership - Another Option

Our accounting clients are small to medium sized companies that are privately held. Most of the time, these companies are owned by one or more individuals or families. For estate planning and other business reasons, these owners cannot or do not want to share in company ownership with non-family members. This makes it difficult to reward valuable employees with equity and a sense of ownership.

Several of these clients have developed interesting ways to overcome these ownership issues. These business owner clients have set up separate affiliate companies to either lease equipment or real estate to the main business entities and have gifted or sold small ownership positions to the parent company's valuable employees. The business owners have maintained complete ownership in the primary company, but have included these valuable employees with ownership in these affiliates.

A great way to extend this strategy to equipment vendor companies is to include valuable employees in the ownership of the company's "Captive Leasing Company." A win for everyone.

07/03/2020

Equipment Leasing vs Bank Loans

07/02/2020

Blog Content – Captive Leasing Company - Self Directed IRA

Retirement Plan Owned CLC

Your retirement plan can be an a great option when you decide to invest in your own captive leasing company (CLC). As you know, earnings generated in your tax-deferred retirement accounts accumulate tax-free and are not taxable until you begin taking your retirement distributions. Because of the miracle of compounding (well maybe not really a miracle but still awesome), when you re-invest your earnings without giving your friendly state, federal and local government any income taxes, your retirement account can grow very quickly. In order to see how your retirement can accumulate, you need to do a little rule of “72” math. To find how long it will take you to double your retirement assets with your captive leasing company, divide your annual rate of return into 72. Six percent doubles in 12 years, 12% doubles in 6 years, 18% doubles in 4 years.

No one knows the equipment you sell or your customers better than you. You get to decide which customers you want to finance with your own CLC. You also get to choose the rates you will charge. Equipment leasing rates are all over the board. An established company with “A” credit may get rates of 6% to 8% depending on the type of lease, the lease term and the collateral for the lease. A “D” leasee or a startup company could pay rates from 24% to 36%, and the financeable amount is usually limited.

A captive leasing company owned by your self-directed IRA can give you much more control over your retirement assets than more traditional options. Instead of being dependent on the stock market, stock brokers and public company presidents making $50 million dollars a year, with their own private jet and lifetime massages, you can invest your retirement savings in your own business. You will get a better return on your retirement investments and you are in control of your own destiny. You will also be helping your own equipment vendor business. When you control some of the financing for your business’s customer, you can also increase your company’s sales, profits and net worth. When you sell payment instead of the total costs, you could sell your more profitable products and add other options.

The ability to invest retirement accounts in alternative assets have been around since 1974, but less than 4% of retirement assets are held in non-traditional assets. The key rules for self-directed CLC’s and any other alternative asset investments for that matter is that you are prohibited from “self-dealing”. The income for the equipment leases must be for the exclusive benefit of your retirement plan. You can lease equipment to your equipment vendor customers, but not directly to a company you own.

When Mitt Romney ran for President, there was a lot of discussion about his $102 million IRA. Guess what. He didn’t accumulate this tidy sum by investing in the stock market. His self-directed IRA was used to make his hedge fund investments. Your captive leasing company may not hit $102 million, but can still be utilized to operate your captive leasing company with big results.

07/01/2020

Viken Capital Group LLC

Captive Leasing Program

Viken Capital Group LLC offers capital equipment manufacturers and vendors the opportunity to own their own leasing company to provide financing for their customers. With our outsourced captive lease program, Viken provides all of the services necessary to organize and operate your own leasing company. We do everything.

Our goal is to increase the vendor company sales and profits by adding a captive leasing company, which will also provide company owners with additional leasing profits.

All of the leases written will be finance leases, which include an option to purchase the leased equipment for $1 after all of the lease payments have been paid. With this type of lease, there is no residual risk as to equipment values at the end of the lease. The leases are generally written for periods of twenty-four to sixty months. The collateral for each lease would be the subject leased equipment, as well as the personal guarantees of the company’s owners. The minimum leased amount is $5,000. At document signing, the first payment and document fees are due.

A major advantage with a captive leasing company is that captive owners can make any changes or customize any aspects of the leasing products offered. Lease terms of any length, higher or lower minimum lease amounts, additions to the leased equipment totals, such as service contracts, training, installation, etc. Most independent leasing companies are very rigid as to the equipment they will finance and how they will finance it. No one knows your products or customers as well as you do.

We recommend a captive company leasing model in which equipment leases with your A-credit and B-credit lease customers are placed with leasing companies that offer rates ranging from 6% to 10%. While these have lower risk of loss, the potential lease yields are much lower. Currently, lease yields for C-credit, D-credit and new businesses would range between 12% and 24% and higher. Captive lease company owners can approve more C & D customers because of their greater knowledge of their customers, products, and likely results if any leased equipment required repossession, refurbishment and re-marketing.

The captive leasing company owner also has complete flexibility in determining how to handle the cash flows from monthly equipment lease payments. It may be more appropriate to re-invest monthly lease payments in new leases, thereby accelerating the compound effect. Maybe monthly disbursement of cash flows is a better option for some family members and friends that need additional monthly income. Flexibility in interest rates can be utilized for family income-splitting purposes.

06/30/2020

Check out Viken Capital's Vendor Leasing Programs. We talk to vendors daily that express frustration over their current finance partners as it relates to their passive stance on getting deals done. Viken Capital takes the opposite approach, we know you're in the business of selling equipment, therefore we source the financing with the urgency you would expect out of your finance partner.