|
|
|
|
 |
|
|
|
|
 |
||
|
|
|
 |
||
|
|
|
 |
||
|
|
|
 |
||
|
|
|
 |
||
|
||
|
|
|
|
|
  |
|
|
|
|
|
 |
||||
|
||||
|
 |
|||
|
||||
| 1. Do I need to have perfect credit to lease? While good credit will increase the likelihood of approval, leasing is a good alternative for customers with less than perfect credit. Many factors are considered; such as time in business, average business checking balance, and comparable business credit. 2. Does leasing cost more than traditional financing? In most cases, leasing actually costs less than traditional financing. Typically up front costs are limited to first and last monthly payment. When the tax advantages of leasing are considered, payment are usually lower than traditional financing. 3. How long does leasing take from application to closing? We can have your loan completed and closed in as little as 3 business days, provided all required paperwork has been submitted. Click here to request a lease quote. 4. What are my purchase options? 10% Purchase Option At the end of the lease you have the option to purchase the equipment for 10% of the original price of the equipment or return the equipment to the leasing company. $1.00 Purchase Option At the end of the lease you own the equipment. A $1.00 purchase option at the end of the lease ais a method of transferring the equipment to the lessee. Fair Market Value This program offers you the lowest monthly payment throughout the term of the lease and gives you an option to purchase the equipment at its fair market value, or return the equipment at the end of the lease to the leasing company. The fair market value is determined by the finance company and is often somewhat negotiable. Click here to request a lease quote. 5. What is approval based on? Your approval is based on your past credit history. 6. What is your Interest Rate? Interest rate will vary depending on dollar amount financed, the length of the term, and the final purchase option. We have the ability to run special defferal and graduated payment programs. 7. What is required for upfront cost and payments? Depending on the final payment term selected, USLeasing may collect the first or last payment with the final signed documentation. Zero down programs are available. However, paying an advance payment lowers your monthly payment. 8. How do I get started? Its simple to begin your application process and get started. Click here to fill out, print and fax your application. If you have any questions, fill out our contact form by clicking here. 9. Why should I finance through US Leasing vs going to my local Bank? While leasing/financing through USLeasing the equipment is the collateral of the agreement. With a bank loan, the equipment as well as personal property serves as collateral. The other advantage is that you can budget your lease expenses as a fixed rate, where a bank loan can fluctuate as the prime rate changes. Financing through USLeasing conserves your lines of credit at the bank. For example, you still have the line available for any emergencies that may arise. 10. With high-tech equipment, what if I want to upgrade the equipment as new models become available? An advantage to leasing high-tech equipment is the ease of upgrades as new equipment becomes available. USLeasing will work with you for your equipment upgrade and lease. Click here to request a lease quote. |
||||