What is your privacy policy?

Privacy Policy of Trident Fund 1, LLC

Trident Fund 1, LLC operates the www.tridentleasingcorp.com website, which provides the SERVICE.

This page is used to inform website visitors regarding our policies with the collection, use, and disclosure of Personal Information if anyone decided to use our Service, the Trident Leasing website.

If you choose to use our Service, then you agree to the collection and use of information in relation with this policy. The Personal Information that we collect are used for providing and improving the Service. We will not use or share your information with anyone except as described in this Privacy Policy.

The terms used in this Privacy Policy have the same meanings as in our Terms and Conditions, which is accessible at www.tridentleasingcorp.com, unless otherwise defined in this Privacy Policy.

Information Collection and Use

For a better experience while using our Service, we may require you to provide us with certain personally identifiable information, including but not limited to your name, phone number, and postal address. The information that we collect will be used to contact or identify you.

Log Data

We want to inform you that whenever you visit our Service, we collect information that your browser sends to us that is called Log Data. This Log Data may include information such as your computer’s Internet Protocol (“IP”) address, browser version, pages of our Service that you visit, the time and date of your visit, the time spent on those pages, and other statistics.

Cookies

Cookies are files with small amount of data that is commonly used an anonymous unique identifier. These are sent to your browser from the website that you visit and are stored on your computer’s hard drive.

Our website uses these “cookies” to collection information and to improve our Service. You have the option to either accept or refuse these cookies, and know when a cookie is being sent to your computer. If you choose to refuse our cookies, you may not be able to use some portions of our Service.

Service Providers

We may employ third-party companies and individuals due to the following reasons:

  • To facilitate our Service;
  • To provide the Service on our behalf;
  • To perform Service-related services; or
  • To assist us in analyzing how our Service is used.
  • WE DO NOT SELL YOUR DATA

We want to inform our Service users that these third parties have access to your Personal Information. The reason is to perform the tasks assigned to them on our behalf. However, they are obligated not to disclose or use the information for any other purpose.

Security

We value your trust in providing us your Personal Information, thus we are striving to use commercially acceptable means of protecting it. But remember that no method of transmission over the internet, or method of electronic storage is 100% secure and reliable, and we cannot guarantee its absolute security.

Links to Other Sites

Our Service may contain links to other sites. If you click on a third-party link, you will be directed to that site. Note that these external sites are not operated by us. Therefore, we strongly advise you to review the Privacy Policy of these websites. We have no control over, and assume no responsibility for the content, privacy policies, or practices of any third-party sites or services.

Children’s Privacy

Our Services do not address anyone under the age of 13. We do not knowingly collect personal identifiable information from children under 13. In the case we discover that a child under 13 has provided us with personal information, we immediately delete this from our servers. If you are a parent or guardian and you are aware that your child has provided us with personal information, please contact us so that we will be able to do necessary actions.

Changes to This Privacy Policy

We may update our Privacy Policy from time to time. Thus, we advise you to review this page periodically for any changes. We will notify you of any changes by posting the new Privacy Policy on this page. These changes are effective immediately, after they are posted on this page.

Our Privacy Policy was created with the help of the Privacy Policy .

Contact Us

If you have any questions or suggestions about our Privacy Policy, do not hesitate to contact us.

 

What is a lease?

In simple terms, a lease is a contractual arrangement between the lessee (the customer) and the lessor (Trident Leasing Corporation). We purchase the equipment from your supplier of choice and lease it to the lessee for a fixed payment.

Who can lease with Trident Leasing?

Any company, associations, non-profit organization, or individual that is using the equipment for business use.

What type of equipment can I lease?

You can lease any type of equipment as long as its used for the business.

What is the minimum amount for an equipment leasing?

Equipment Leasing with Trident Leasing requires a minimum amount of $10,000 to qualify for an equipment lease.

What types of terms are availible in equipment leasing?

The length of equipment leases are 24, 36, 48 and 60 months. We also offer seasonal payment plans, 90 day deferral payment plans, annual & semi-annual payment plans.

What are the end of term lease options?

The end of term options are your choice of $1.00 buyout, 10% purchase option, 20% purchase option and a Fair Market Value Option (FMV).

Are the lease rates fixed for the entire term?

Yes.

Do you provide equipment leasing on used equipment?

Yes, as long as comparables match the amount you are financing.

Do you provide equipment leasing on software?

Yes, we are able to provide 100% financing on software.

Can I buy equipment from a private party?

Trident Leasing understands that the best equipment option doesn’t always come from a vendor or a deal. We can process all types of equipment lease purchases from private parties to auction houses.

Are you able to finance my installation, delivery and setup costs?

Yes, we can finance soft costs such as delivery, training and installation in the total equipment leasing amount.

Do I need insurance?

Yes, you are required to carry insurance that covers fire, theft, loss, and general liability, as detailed in the lease agreement.

Is a down payment required with a lease?

No down payment on the equipment is required with an equipment lease. Most leases are structured with just the first and last payment in advance.

What are the tax benefits associated with leasing?

From the lessee’s viewpoint, you may be able to deduct the monthly lease payment as a business expense on your tax returns if you have an operating lease you might be able to deduct 100% of your lease payment. You should seek specific advice from your accountant.

What is the documentation fee?

During the lease process there has been incurring expenses such as credit reporting fees, lien searches, overnight delivery, administrative fees, UCC filings, and papers required to be processed with your local or federal locality. A nominal documentation fee is charged to help offset the expenses for your transaction.

Is there a cost to apply?

There is no fee to apply for an equipment lease. We will generate an approval for you free of charge.

Do I have to work with your preferred vendors?

Your company has the ability to choose from a vendor, dealer, private party or auction house of your choice.

What type of information would I need to obtain equipment financing?

We would need the following:

  1. Basic Company Information
  2. Owner Principal Information
  3. Equipment Type & Price
  4. Equipment Location
  5. Your Signature Authorization.
How long does it take to be approved?

Usually in less than 24 hours! Typically requests for up to $100,000 can be approved in a couple of hours from a simple one-page credit application.

How does the equipment lease process work?

Choose your new or used equipment from any vendor, private party or auction house and negotiate the price. Your Trident Leasing account manager will then help you select the best equipment lease option. You approve and sign the lease documents and then the Lessor issues the purchase order. The vendor ships the equipment to you and bills Trident Leasing Corporation. When you tell us that you have received the equipment the vendor is paid. 30 days later you begin your lease payments.

How are lease decisions made?

Equipment Lease credit decisions are typically based on your credit history, time in business and type of equipment.

Can I still lease equipment if I have already purchased it?

Yes. This type of equipment financing is called a sales leaseback. We are only able to do financing for equipment that has been purchased within the last 90 days.

Do you offer financing for startup companies?

Yes, the maximum amount we can finance for a start up company is $75,000.

Does all the equipment have to come from the same vendor?

No, you can acquire equipment from multiple vendors, private parties or auction houses and finance everything under one equipment leasing agreement.

When does the lease start?

When you have verbally accepted that the equipment you ordered has been received and is in good working order along with the signing of the Delivery and Acceptance document.