Because every business is unique, you need a variety of options to ensure you get financing that works for you. With multiple terms, buy-out options and special programs, the combination of choices is virtually limitless. Together with your Account Executive, you can put together the program that makes the most sense for you and your business. Contact an Account Executive anytime to decide which program or combination of programs is right for you.
Term Options:
Leasing offers a variety of terms from 12-72 months and just about any term in between. Whether you’re looking for the cash-saving benefits of short term financing or the cash flow conservation benefits of a longer term, leasing provides a solution.
Buyout Options:
Fair Market Value
This plan is particularly beneficial to those concerned with technological obsolescence. Our Fair Market Value lease is designed for our customers who expect the value of their equipment to decrease quickly or will want to upgrade their equipment at the end of the lease. At the end of a FMV lease, the lessee has three options: extend the term of the lease, return the equipment or purchase it at its fair market value. With this lease, you generally have lower monthly payments and can take advantage of true lease tax benefits. Please consult your accountant about the tax treatment for your company.
$1 Buyout
This option is for those who are fairly certain that their equipment will retain its value. Therefore, they plan to purchase the equipment at the end of the lease. When the lease term expires, you can simply purchase the equipment for a $1 (or $101 depending on your state's tax laws).
10% Purchase Option
For those who like the flexibility of the option to return the equipment or purchase it at the end of lease, but want to cap their equipment buy-out at a predetermined percent of the equipment cost, this is the option for you.
|