|
Lease |
Finance |
|
Leasing
is a great way to spread the cost of equipment over
time, conserve capital and gain new business, without
the burden of owning equipment. |
If
you have an immediate and/or long-term equipment
need, but not the funds to make a large purchase,
financing may be a good alternative to leasing. |
| Down
payment |
No
down payment, two-month security deposit due at
signing.* |
Minimum
20% down payment. |
| Administration
fee |
No
administration fee. |
$50
administration fee, included in financed amount. |
| Interest
rate |
A
lease is a rental agreement with fixed payments
and a stated purchase option. |
Special
introductory rate of 5.9% APR for finance plans
approved now through September 15, 2002. After September
15, 2002: 8.5% APR. |
| Term
length |
12,
18, 24, 36, 39, 48, 60 and 72 months. |
12,
18 and 24 months. |
| Transaction
amount |
Minimum
$1,000 and up, subject to credit approval. |
Minimum
$1,000 and up, subject to credit approval. |
| Business
advantages |
You
may return equipment at the end of the lease term
with no obligation, or depending upon the plan you
select, you may opt for buyout at either $1, or
10% of total equipment cost, or fair market value
price. |
Financed
equipment is yours to keep for long-term profits. |
| Tax
advantages |
10%
buyout and Fair Market Value buyout plans may be
tax deductible. Consult your tax advisor for more
information. |
Owned
equipment is an asset on your balance sheet. |
