LEASE PROGRAMS
 
     There are many different definitions, terms, and types of leases. The following are the simplest explanation of each.

$1.00 BUYOUT
 
     A $1.00 Buyout lease Is: The use of an asset for a length of time or term of the lease. When the lease period has expired the Lessee can purchase that asset for a dollar.
 

10% Purchase Option Plan
 
     At lease end, Lessee can buy the asset at 10% of the original equipment cost or return the asset. Lessee is usually offered the option of extended lease.

Fair Market Value Lease (True Lease)
 
     This plan is particularly beneficial to those wanting to have both a small security deposit and a relatively low monthly payment. A True Lease allows part of cost to be deferred to the end of the lease, when a decision to retain or upgrade the equipment can be made. At the end of lease terms, there are usually three options to choose from.

     1.   Return the equipment
     2.   Extend the lease term
     3.   Buy the equipment at Fair Market Value. Generally is about 10% to 20% of the original
           lease amount.

10% Security Deposit Buyout Program
 
     This is a prepaid Purchase Option Plan. With this program, Lessee pays a 10% security deposit with the lease as normal. At end of lease term, the original security deposit may serve as the buyout of the lease.

1% Solution
 
     This is a perfect solution for cash-starved business. Lessee pays exactly 1% of equipment price as security deposit.

Step-Up Lease
 
     The step up lease with reduced monthly payment for the first 12 months off the 3 to 5 year term offer attractive benefits for those who are particularly interested in maximizing benefits versus cost during their first year of  equipment use.

60 Days Deferral Plan(90 Day Deferred Payments)
 
     In this plan, Lessee pays security deposit and then is not invoiced until 60 days after funding. Since Lessee is billed in arrears, this is actually 90 day deferred payment plan. This is a great plan for business that acquires equipment that does not generate income immediately. 90 Days Deferral Plan(120 Day Deferred Payments) is also available. 

7x$100 Program
 
     In this plan, Lessee pays a $100 security deposit and their first six payments at $100.00. The remaining payments are at determined rate factor.

Annual Payment Plan
 
     As the name says it, Lessee makes annual payment.

REMEMBER: WE CAN STRUCTURE LEASE PLANS TO FIT YOUR NEED. JUST GIVE US A CALL TO FIND OUT YOUR CUSTOMIZED LEASE TERMS.