How Equipment Leasing Works

Equipment leasing gives you the equipment you need with lower monthly payments and flexibility at the end of the term. When the lease ends, you choose: buy the equipment for $1, 10%, or fair market value, upgrade to newer technology, or simply hand it back.

This structure is ideal for businesses that want to preserve capital, keep technology current, or match payments to the equipment's useful life.

Key Benefits

  • Lower monthly payments compared to financing
  • Flexible end-of-term options: buy, upgrade, or return
  • Terms from 24 to 60 months
  • Preserve working capital for other business needs
  • Potential tax advantages — consult your tax advisor
  • No age restrictions on equipment

Quick Overview

Terms24 – 60 months
End Options$1, 10%, FMV buyout
Upgrade OptionAvailable at term end
$0 DownFor well-qualified buyers
Credit ImpactSoft inquiry only
TurnaroundSame-day approvals available
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