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Operating lease payments are expenses that reduce your net income. Greater tax savings may be created from this reduction in net income, than had you depreciated the asset.
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OneWorld Business Finance acquires US Energy Capital

OneWorld Business Finance acquires US Energy Capital

Austin, TX (June 2014) – OneWorld Business Finance announces the recent acquisition of US Energy Capital.  Jim Borland, President and founder of US Energy, will continue to be an integral part of daily operations for the near future.

“We look forward to working with Jim and his team to bring our finance offering to US Energy Capital’s customers, both on the petroleum – convenience store business and on the solar, lighting retrofit and alternative energy space. I think this will be a great fit for both companies,” said Lou Manitzas, President of OneWorld.

“We’re excited that we can now offer many more options for new and existing customers,” said Jim Borland.

About US Energy Capital (USEC)

USEC specializes in providing financing nationwide to jobbers, dealers, and marketers in the petroleum and convenience store industry. USEC also finances energy saving upgrades such as lighting retrofits and solar installations. For more information, visit the website.

About OneWorld Business Finance

OneWorld independently provides commercial equipment finance to companies throughout the United States via direct, vendor program and Coop member originations. OneWorld also offers cash flow products for its customers. The company headquarters is in Austin, TX, with locations across the U.S. For more information on OneWorld Business Finance, visit our website.

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