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For
Commercial Leasing Enter Here
Please
contact us via e-mail or
at the above telephone numbers, prior to
applying for lease contract. You will need
detailed product specification and a total
purchase price for the application process.
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Advantages
Of Leasing:
- 100%
Financing
- Conserve
Working Capital
- Preserve
Existing Credit Capacity
- Flexible
Payments Available
- Includes
Delivery & Other Soft Costs
- Fixed
Rate Financing
- Potential
Tax Savings*
- Off-Balance
Sheet Financing*
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*
Based on type of lease. Consult your tax advisor. |
Financing
Options:
- Dollar
Out:
This type lease, also called a "finance lease," is the simplest of
all and very popular for smaller ticket items. The customer has the
option of buying the equipment for only $1 at the end of the lease
with no further payment.
- FMV
with a Cap:
This type lease is identical to the FMV, but the FMV is capped at a
predetermined % or $ amount of the original lease. The customer has
the option of purchasing the equipment, at the end of the lease, for
the preset amount. This option results in a midrange lease payment.
- Municipal
Leases:
This type lease financing is typically available to municipalities,
such as schools, city or county governments or other municipal entities.
These rates are lower because of the favorable tax treatment applicable
to the interest paid to the recipient.
- Fixed
Purchase Option Lease:
This type lease defers a portion of the payment to the end of the lease
term in the form of a balloon payment. The balloon payment, often referred
to as the "residual value," has the effect of lowering the monthly
payment.
- T.
R. A. C. Leases:
This type lease financing is reserved for transportation equipment
sometimes referred to as over-the-road equipment.
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