Lease Purchase ($1.00 Buy-Out)
This plan allows you to buy the equipment at the end of the lease term for a nominal amount of $1.00. For most companies that intend to keep the equipment at the end of the lease, this is the best option. In essence, you are building "equity" in the equipment, so you can also sell the equipment at the end of the lease or trade it in for the latest technology. (This lease is also known as a Capital Lease.)

Operating Lease (Fair Market Value Buy-Out)
This structure provides you with the option to purchase the equipment at the end of the lease for its then Fair Market Value, continue leasing the equipment based on its Fair Market Value, or return the equipment. The payment during the term is lower than on a lease purchase, but the cost at the end of the lease is higher. In most cases, there is a "cap" on the Fair Market Value of 10% of the original cost of the equipment.

Deferred Payment
This program is attractive to companies in which the equipment will be used for a project that won't generate revenue for a short period of time, possibly three to six months. The lease is structured so that the initial months have nominal or no payments.

Step-up / Step-down payments
This can be structured so that lease payments can be set up to match a company's cash flow needs. Payments can start low and then increase during the later years of the lease, or payments can start high and then decrease, minimizing finance charges.

Municipal Lease
This program is available to all city and state agencies such as public school districts, municipal hospitals, police and fire departments. Due to the tax-exempt status of the Lessee, rates are much lower than standard commercial rates.

10% Purchase Option
With the 10% purchase option lease, the monthly payment will be lower than a $1.00 buyout lease, but may be higher than the FMV option. At the end of the lease term, you may choose one of the following:

• Upgrade to new equipment
• Purchase the equipment for 10% of the original selling price
• Return the equipment

This is a good alternative for those who are unsure what their needs will be in the future and want a fixed purchase price at the end of the leasing term.

Sale-Leaseback
The Sales Leaseback option allows customers who have purchased their equipment, but now have decided that leasing would be more beneficial. The business that has already purchased equipment sells it to a leasing company, which then takes ownership of the equipment and leases it back to the business. The sale-leaseback allows you to put money back into your business or into investments that appreciate rather than depreciate.