Services: FAQs

Who can Lease?
A company or business who will be using the equipment for business or commercial use.

Why Lease? ...why not just borrow the money?
With loans, you exhaust your available credit line.

With leasing your credit line remains untouched plus you can usually expense the payments!

How much does the lease cost in the beginning?
First and last lease payments are typically required up-front, but they are applied to your total lease payments.

Documentation and filing fees also apply to process your application.

What affects my rate?

• Age of business.
• Personal credit history.
• Prior bankruptcy.
• Pay history: On time, delayed or late.

Can I add equipment to a lease?
Yes! - Please call to qualify and restructure.

Can I have the lease cover other expenses directly related to the equipment acquisition?
Yes! - In most cases, we can include the cost for freight, installation and required software.

Can I cancel a lease?
No - but you have options!

• Upgrade the equipment and restructure the lease.
• Prepayment without penalties if not excluded.

What about insurance?
It is required that the equipment be insured as part of your general liability and property insurance. Simply instruct your own insurance agent to send a certificate of insurance to us.

What about sales tax?
Sales tax is charged separately and added to your monthly lease payment each month.