What is a Sale and Leaseback Transaction?
In a cash reimbursement, also known as an equipment sale and leaseback transaction, you sell your equipment to a lessor, and the lessor reimburses your company 100% of the original purchase price of your equipment. You continue the use of your equipment and use the cash reimbursement for:
- Growth initiatives
- Strategic projects
- Debt reduction
- Strengthening your cash position
In addition to equipment — software, services, and build-out expenses are also eligible for cash reimbursement.