Equipment Financing
When purchasing a piece of capital equipment, financing the cost is frequently the answer for many companies. And with so many flexible options, you’re sure to find the perfect fit.
Below are four of the most popular programs:
FULL PAYOUT /
$1.00 PURCHASE OPTION
A finance Lease where equipment is purchased at lease end for a nominal $1.00.
Benefits:
- Fixed monthly payments
- Full advantage of tax benefits
- Conservation of working capital
Lease with Fixed Purchase Option
A finance lease where equipment is purchased for an amount specified in the lease or returned at lease end.
Benefits:
- Fixed monthly payments
- Optional ownership
- Full advantage of tax benefits
- Conserves working capital
- Only pay for equipment use
FMV LEASE
An operating lease where the lessee can either purchase the equipment for a fair market value at lease end, extend the lease, or return the equipment.
Benefits:
- Lower fixed monthly payments
- Optional ownership
- Possible tax benefits and minimizes or negates the impact of AMT
- Conserves working capital
- At term end, may replace truck with new unit
Lease by the Hour
A flexible leasing solution that allows customers to pay less when they are not using their equipment and more when they are.
Benefits:
- Lower monthly payments
- No overtime payments
- No early termination charges
- Term flexibility
- No overpaying for equipment not being used
There are a multitude of different factors to consider when purchasing equipment for a specific application. Our professional sales team can make the process a lot easier.
Ensure you get the most from your investment – contact us today.
