We can finance your upcoming equipment purchases with 14 - 60 month term lease options and selling prices as low as $500 up to $150,000+. (Please note that Startup operation will be limited to a max value of $45,000). Our process has a very high approval rate and can be funded within a week. Our leasing options are the following:
Our FMV equipment lease solution provides for the lowest payments possible, while delivering access to critical equipment for a defined period of time. At the end of the initial term, and after all scheduled payments have been made, the Lessee can take advantage of one of three options: return the equipment, purchase the equipment for a specific amount (typically 10% of the total receivable), or continue to rent the equipment on a monthly basis.
TurboLease is the perfect program for customers who appreciate speed and convenience. TurboLease is a 14month lease term available in which the lessee owns the equipment upon the completion of payments.
Lease To Own is an equipment finance product that provides for ownership of the equipment following the receipt of all scheduled payments and buyout. Payments are calculated over a period of time that is three months less than the typical lease term (33 mo. vs. 36 mo.). At the end of the term, an additional payment equivalent to three monthly payments is required to own the equipment.
With our Split Funding offering we pay the multiple parties involved in the lease separately, so you have one less thing to worry about.
Multiple vendors on one deal
$1 Buyout for A score and better (CA excluded) - FMV for O score and below
Deferred Program options available
$1.00 buyout purchase option is available for a Credit Score of AAA, AA & A in all states except in CA.
AAA requires a minimum equipment cost of $10,000 (excluding commission) and the 24-month AA and A rates require a minimum equipment cost of $5,000 (excluding commission).
Lessees are required to present Direct Debit Payment for all leases $10,000 or greater.
A minimum processing fee of $125 is required on all leases less than $50,000.
Site inspections are required on all leases greater than $50,000 raising the processing fee to $250.
Copiers must be new, not used, or reconditioned, and have a maximum funded amount of $15,000.
All computers, tablets, cell phones, and all other PDA devices have a maximum 48-month term.
Consumer leasing is not available – must be Business to Business.
A minimum security deposit of 10% maybe required for startup businesses, additional security may be required and will be specified on the approval.
The lease factors above do not include any applicable taxes (sales, use and property tax need to be added).
We reserve the right to modify these lease factors based on market conditions.