Equipment Leasing Basics
An equipment lease is a written agreement through which the owner (Lessor), of a piece of a equipment gives the user (Lessee) the right to use that equipment for a specified period of time for an agreed upon payment. Our leases are usually structured as a rent-to-own type lease in which the Lessee can purchase the equipment at the end of the term for $1 or 10%, depending on the needs of the Lessee in terms of monthly payment amount. (10% buyout will always be a lower payment during the term).
Advantages of Leasing
You can select all of the equipment you need from any combination of equipment vendors and roll them into one monthly payment.
Conserve your capital for other expenses you have within your business.
Get the maximum tax benefit when purchasing new equipment! We help you make the most of the tax advantages the government grants to business owners when leasing equipment.