Leasing Program

Online Lease Applications:

Fill out the End User Application or the U.S. Cooler® Dealer Online Application.

Advantages of Leasing

Why Lease?

Leasing your cooler from U.S. Cooler® preserves capital and provides flexibility. By leasing your cooler, you avoid having to come up with the funds necessary to purchase it outright. Instead, with leasing, the cost is spread out comfortably over a fixed term, and only a small initial down payment is required. The result is that your business’ cash flow and credit lines are left open to be used for day-to-day operations and any growth opportunities.


Leasing allows businesses to obtain new equipment and replace outdated inefficient equipment. Why continue to needlessly spend money on upkeep and maintenance? Inefficient equipment is replaced as required through an established monthly lease budget.

Credit Lines:

Leasing equipment leaves your existing credit lines available for short-term needs.


Leasing removes the need for equity financing. It also allows you to acquire and use an asset without having to make a substantial down payment. Thus, minimizing the affect on your cash flow and working capital.

Hedge Against Inflation:

Through leasing, you acquire the use of equipment at today’s cost, not tomorrow’s inflated dollar.

Tax Position:

Lease payments may be 100% tax deductible as an operating expense on your tax return, reducing the net cost of your lease. (See IRS Code 179). As opposed to only depreciation and interest deductions for financed equipment. Consult your accountant or tax professional for details.

Balance Sheet Effect:

The effect of leasing on financial rations is very favorable.

Predictable Monthly Expenses:

Leasing allows you to have a pre-determined monthly line item, which can help you budget more effectively.

Budget Restrictions:

Minimum outlay plus modest payments enable you to fit the lease into the tightest of budgets. When your spending schedule is severely limited, leasing makes it possible to obtain equipment you need, when you need it.

Flexible Credit Requirements:

Leases are usually easier to obtain and have more flexible terms than standard bank loans.

Frequently Asked Questions

What type of equipment can I finance?  You may include most any kind of business equipment and soft costs (freight, installation, etc.).

What about terms?  Financing can be 24 to 60 months.  After the last payment, you own the equipment.

May I prepay without paying a penalty?  Yes — you may prepay at any time after twelve timely payments.  There will be a modest service charge if you prepay during the first year.

What’s the interest rate?  The financing is structured as a lease, so there is no stated interest rate. It is a rent to own transaction. The payment is determined by the term, amount, and your credit.

Is the lease assumable?  Yes, after the new lessee is approved by Advantage.

Will Advantage have a lien on all of my business and personal assets? 
No.  Advantage will only have a lien on the specific assets financed.

Do I contact U.S. Cooler® with questions regarding the leasing program? No. U.S. Cooler® is not involved with the leasing program. All questions regarding your lease should be directed to Advantage Leasing Corporation. The lease agreement is between Advantage leasing and the buyer.

If my needs change can the lease be changed?  Yes.  Advantage is a direct lender, and your financing stays in Advantage’s portfolio — so leases can be restructured to fit your changed business needs.

What’s the downside?  None.  You incur no cost or obligation to get a commitment from Advantage — so it’s easy to compare this commitment to your other financing options.