More choices, more equipment, lower costs. With a lease, you can specify the manufacturer, the model number, even the source. You’re covered by all conventional manufacturers’ warranties. And because lease payments are usually lower than other forms of financing, your leasing dollar allows you to acquire more of the equipment your business needs.
Keeping your equipment up-to-date. When you lease, you’re never tied to outdated machinery, equipment, or software. And you have complete flexibility in end-of-lease options: You can purchase it, refinance it, or simply return it. Your choice.
Buyout/Purchase options are determined prior to the inception of the lease. They outline the customer’s final financial obligations at the end of the lease. Leasing provides a number of options for purchasing your equipment, including Fair Market Value, Fixed Option or $10.00.
Whatever your business, whatever your strategies and objectives, in a dynamic business environment, leasing just makes more sense than buying. Leasing gives you financial flexibility, helps you meet changing technology needs quickly and easily, and may offer tax advantages, too.
There are several different types of lease. While leasing companies may use the same name to describe a lease, the terms and conditions written in their contracts often vary. Be certain to review your documents carefully and ask your leasing company to explain anything that is unclear.