Leasing has many advantages, which makes it an attractive alternative to traditional borrowing. Leasing offers fixed payments, 100% financing of the equipment cost and allows businesses to pay for equipment as it is used to generate income. In addition, leasing helps you to conserve working capital and bank lines of credit.

8 out of 10 U.S. businesses use lease financing to acquire needed capital equipment.

You fill out a simple one-page credit application and generally within a few hours you will have a credit response. Documents are then expedited to you. Upon receipt of signed documents, a purchase order is issued to the equipment vendor and your order is delivered.
Once we confirm your equipment is received and installed, we activate your lease.

Lease rates are different from interest rates. There is no actual “interest rate”. The monthly payment is based on a lease rate factor and is calculated based on the type of leasing plan you choose, the term and the cost of the equipment.

Typically, the first and last month lease payment and a documentation fee are paid up front. Other programs may call for a Security Deposit. Up front costs depend upon the lease plan that you choose.

The lease is non-cancelable. However, you may arrange for a prepayment of the lease or upgrade to acquire more equipment.

There is no penalty for prepaying the lease.

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