Q: Can I finance 100% of the purchase price?
A: Yes, with minimal upfront costs.

Q: Can you include equipment installation in my lease?
A: Yes. Installation and freight charges as well as taxes can be covered in your lease and amortized over its life.

Q: For how many months should equipment be leased?
A: Leasing for the shortest period of time you can afford is usually the best option if obsolescence is an issue. Longer lease terms are best if cash flow needs to be maximized.

Q: Who is responsible for insurance and maintenance of the new equipment?
A: As the lessee, you will be responsible for maintaining the equipment and providing the proper insurance.

Q: Why should I lease instead of paying cash for the equipment?
A: Suppose you take the cash that you will use to purchase the equipment and reinvest it in the business. You could use it to advertise, purchase inventory, or to train or hire employees. Your return on your investment could be as high as 2025%.

Q: What happens at the end of the lease?
A: Depending on the type of lease selected, the following end-of-lease term options may apply:

• Upgrade with new equipment to prevent obsolescence
• Purchase the equipment
• Return the equipment with no further obligation
• Renew the lease and continue making the lease payments
  
  

Back to Equipment Leasing