Standard Lease Plans- Flexible terms and payment options are available so you can get the equipment you need. A one-page application and speedy process make it simple to apply.
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Fair Market Value - This plan offers the most options both during and at the end of the lease. FMV provides the best options for customers wanting maximum flexibility at the end of the term. You can extend the term, return the equipment or purchase it for the fair market value.
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10% Security Deposit - This plan is for those that can afford to pay a 10% security deposit at the beginning of the lease, with low monthly payments. At the end of the term, the customer can use the deposit to purchase the equipment, extend the lease or return the equipment and request a refund of the deposit.
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10% Purchase Option - This plan offers the customer a fixed purchase option at the end of the lease term. Upon final payment, the customer can continue to lease the equipment, return it or buy it at 10% of the original equipment cost.
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$1.00 Buy Out - For those who are fairly certain they wish to purchase the equipment at the end of the term, this is the recommended plan. Once the lease term expires, it is simply purchased for $1.00.
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Specialized Lease Plans:
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Step Up Lease Plan - This program works well for businesses (greater than 2 years) that would like their payment to grow as their business grows. Payments start out lower and slowly increase with the growth of the business. Terms are available from 12 to 60 months with standard buyout options.
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Seasonal Lease Plan - This program works well for businesses with seasonal clientele. Regular lease payments are made during the most profitable months and lower payments are made during “off ” season.
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Step Up Lease Plan - This program is available for businesses with budget structures that require higher payments up front and lower payments later in their lease.
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Deferred Payment Plan - Now customers can get the equipment they need today and defer their payments for up to 90 days with one payment due in advance as a security deposit. Lease payments can be deferred for a period of 30, 60 or 90 days.
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Customized Lease Plans - Credit approval is required prior to application.
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Baker’s Dozen† - This plan is easy to understand and calculate. Simply divide your equipment selling price by 13. The customer pays 13 equal monthly payments and owns the equipment at the end.
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Zero Down / Zero % Interest Specials† - The zero down special is an economical way for the customer to get equipment with no immediate cash outlay. The equipment can be purchased based on the end of term options of the plan you choose. The zero percent special is great for customers who do not want to pay finance charges. Equipment selling price is divided by 12 and the customer pays 12 equal monthly payments and owns the equipment at the end of the lease.
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13 / 25 Month Specials† - This program requires an advance payment of 10% due for the first month’s payment. The remaining payments are calculated by dividing the equipment cost by 12 or 24 and a $1.00 Buy Out. A minimum equipment cost of $5,000 makes this plan easy and perfect for short term leases!
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$29.99 Payment Plan - Eliminate budget objections with payments as low as $29.99 a month for the first year of the lease. This plan is available for companies with at least 2 years tenure, and equipment that is under $5,000.
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