HOW LONG OF A TERM CAN I LEASE FOR?
Typical terms are 36 to 60 months. Terms up to 84 months are possible on certain equipment.

CAN I DEFER OR SKIP PAYMENTS?
Yes, we offer deferred, skip and seasonal payments. These programs need to be set up at the beginning of the lease.

WHAT IS THE RATE?
Typically, the interest rates are comparable to bank loans. The rate will depend on the term, equipment cost, type of equipment and credit worthiness. In most cases, payments are treated as a rental expense, which is a 100% tax write-off.

WHAT ARE THE CREDIT REQUIREMENTS?
The business must maintain a satisfactory payment history with banks and suppliers. The minimum requirements of the business banking relationship must average in the range of a low five-figure balance. We review the personal credit of the owner(s) looking for a relatively clean credit history (no bankruptcies or tax liens.)

CAN I RETURN THE EQUIPMENT AND STOP MAKING PAYMENTS?
No, the lease is not cancellable. (And neither is your bank loan)

DOES ALL THE EQUIPMENT HAVE TO COME FROM THE SAME VENDOR?
No, you can acquire equipment from multiple vendors, private parties or at an auction.

CAN I LEASE USED EQUIPMENT?
Yes. Most equipment down 5 to 10 years old can get year terms -- any age equipment could qualify.

CAN I LEASE SOFT COSTS OR SOFTWARE?
Yes. Costs such as freight and installation can be included in the lease.

WHO HAS RIGHTS TO WARRANTIES AND LICENSING FOR THE EQUIPMENT?
Warranties and/or licensing offered by the manufacturer are passed on to you, the Lessee.

HOW LONG DOES THE LEASING PROCESS TAKE?
Typically 1 to 2 days, with as little as 1/2 day with only application and financial statement up to $200,000

WHAT IS THE FIRST STEP TO GET THE LEASING PROCESS STARTED?
Complete a lease application then fax it or email it in. We can either
fax or email you one, or you can print an application
directly from our web site.