We’ll work with you to determine an appropriate loan amount and term for your capital investment, at market rates that provide financial flexibility for your organization.
Replacing or purchasing a variety of equipment? Through a fleet swap program, you can upgrade all at once. By standardizing, you can ensure that all systems cooperate with one another, keep service agreements simple and even save money through the purchase of numerous items at a time.
When leasing, you have two options, each with its own strengths depending on your facility needs:
Capital lease – Also known as a dollar out lease, a capital lease enables you to purchase the equipment outright at the end of the loan term. After making consistent payments over the course of the term, you pay a dollar at the lease’s conclusion and the equipment becomes yours.
Operating lease – Also known as a fair market value lease, this enables you to rent the equipment for a lower price than if you purchased it outright. Five years is the standard lease term and, at the conclusion of the term, you can initiate an additional operating lease by trading your equipment back in for a newer model.
