What Leasing Can Do for You
- Improves cash flow
- Frees-up working capital
- Conserves line of credit
- Tax advantages (monthly write-off)
- Fleet made up of new, current model equipment
- Ensures equipment meets current State and Federal regulations
- Protects other credit sources
- Simplifies equipment replacement/no old equipment liquidation
issues
- No liability related to liquidated equipment
- Lower maintenance/operating costs
- Simplifies your bookkeeping/lowers administrative costs
- Provides 100% financing
- Pay only for what you use/payments based upon hours used per
year
Types of Leases Available:
Rental Purchase Option
(RPO)
This program allows the customer to rent the equipment prior to
entering into a long-term lease or retail contract.
Full Payout /$1.00 Option Lease
A finance lease in which the customer finances the equipment over
the lease term and may own the equipment at the end of the term
for $1.00.
- Level monthly payment
- Conserves working capital
- Maintenance may be added to lease billing
Lease with Purchase Option
/ Residential Lease
A finance lease in which the customer may purchase the equipment
for an amount specified at the beginning of the lease or return
the equipment.
- Level monthly payment
- Optional ownership
- Conserves working capital
- Pay only for equipment use
- Maintenance may be added to lease billing
Fair Market Value Lease
An operating lease in which the customer may purchase the equipment
for fair market value at lease end or return the equipment.
- Level monthly payment
- Optional ownership
- Conserves working capital
- Lowest monthly payment
- Maintenance may be added to lease billing
Flexible Lease – 3/2
Lease
A flexible lease, sometimes referred to as a 3/2 Plan, allows
the customer to lease the equipment for a specific term with the
option to renew the lease for a second specified term. Although,
the customer is not obligated to renew the second lease term.
- Lease customized to meet customer’s needs
- Flexibility – any combination of lease terms can be
applied (e.g. 2/2, 2/1, 3/2, 3/3, etc.)
- All terms and conditions are disclosed on the option to renew
- Customer is under no obligation to extend the lease after
the initial lease term
Master Lease
A lease in which the customer negotiates one agreement that covers
the purchase of equipment for multiple locations over a defined
period of time, simplifying the addition of new equipment.
- Lease customized to meet customer’s needs
- Avoids separate lease negotiations for each location a customer
has
- Allows for varied delivery dates and equipment locations
- Simplifies central office accounting through master billing
- Maintenance may be added to lease billing
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