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The purchase option that you choose and the total cost of the equipment that you are going to lease will affect how much your lease payments will be. You can get an ESTIMATE of your monthly payment, before applicable taxes and fees. For an exact leasing quote, please contact one of our leasing representatives at 800-269-7810.
Your payments start 30 days after you receive your equipment. Be sure to ask us about our deferred payment plans! These plans help you begin earning revenue before you start to make your lease payments.
In many cases, lease payments are tax deductible. To see if you qualify, contact your tax advisor.
Yes, insurance is a requirement on all leased equipment. You should arrange for insurance in the same way that you would if you owned the equipment.
FMV, as it applies to the purchase option in a lease, is the dollar amount that your equipment can be sold for on the market at the end of your lease. Because market conditions change over time, this dollar amount is unpredictable today.
FMV is usually chosen as a purchase option by those businesses that want the lowest monthly payment possible and are fairly certain that they will return the equipment and upgrade at the end of the lease.
Financial Statements are only required in a few circumstances:
When the amount that you are leasing is over $75K
When there is insufficient information about your financial strength on a credit report
YES, leases can be arranged for full orders, partial orders, or you may add on equipment ordered from other non-competing companies. TURNKEY SYSTEMS may be leased to include hardware, software, maintenance, shipping and installation.
We can advance money to your supplier, generally 50%, more in special cases. Your lease starts when we disburse funds to your supplier. The good news - you pay no interim interest and make no extra payments. The balance is paid to you supplier upon delivery of your equipment.
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