Leases enable businesses to acquire and use equipment while conserving cash flow
and lines of credit. Leases can be structured as "off balance sheet" items and
show strictly as an operating expense for the business. Leasing can also protect
against equipment obsolescence by allowing for the return of the equipment to us
at the end of the lease term.
Common Lease products we offer include:
- Fair Market Value Lease (FMV). Also known as a "true lease," FMV offers low monthly
payments. When the lease ends, you may choose from numerous end-of-lease options,
including purchasing the equipment at its current fair market value, continuing
the lease on a month-to-month basis, or returning the equipment. FMV can be a very
attractive option if you want to keep your payments low while avoiding the risk
of ownership and equipment obsolescence.
- $1 Purchase Option Lease. At the end of the finance term, ownership of the equipment
is transferred to you for only $1.
- Fixed-Price Purchase Option Lease. This plan guarantees the end-of-lease purchase
price. Of course, you may choose to return the equipment. The fixed-price purchase
option plan offers end-of-lease flexibility while predetermining the end-of-lease
purchase price for the equipment.