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Palm’s asset sale-leaseback program allows small businesses to use the cash equity of their existing assets to fund their businesses’ growth and expansion.

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Palm’s asset sale-leaseback program allows small businesses to use the cash equity of their existing assets to fund their businesses’ growth and expansion. Under the program, Palm purchases an asset or assets from a small business for an up-front payment. The company then leases the single or multiple assets back to the business on a rent-to-own basis over a six-month term. During that time, the business maintains possession and has full use of the assets. At the end of the lease, ownership of the assets transfers back to the business. 

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