$1.00 Purchase Option Leases
(Assumes first and last payment due at Lease Commencement)
| Lease Rate Factor Table | $20,000-$99,999 | $100,000-$500,000 | $500,000 & up |
|---|---|---|---|
| Structure | $1 Buyout End of Lease | $1 Buyout End of Lease | To Be Determined |
| Lease Rate Factor | Lease Rate Factor (Application Only) |
Lease Rate Factor (Application Only) |
Lease Rate Factor (Financial Package) |
| 36 Month Term | .0309953 | .0307669 | Call for Lease Rate Factor |
| 48 Month Term | .0238161 | .0235812 | Call for Lease Rate Factor |
| 60 Month Term | .0195512 | .0193088 | Call for Lease Rate Factor |
* First payment may be deferred up to 90 days upon request for deals up to $500,000.
* Lease Rate Factors are indexed to Treasury Swap Rates and are subject to change prior to funding.
* Longer terms will be available for deals over $500,000 on a case by case basis.
How to determine the monthly payment? Multiply the Lease Rate Factor x the Equipment Cost to determine the monthly payment for the Lease. Example, $100,000 X .0196129 = $1,961.29.
Requests of $10,000 to $500,000 are application only.
For Application Only USA customers click here for your credit application.
For Application Only Canada customers click here for your credit application.
Requests for greater than $500,000 require submission of a financial package consisting of the following:
- Most recent three (3) Year-End Statements.
- Current Interim Statement and matching prior year Interim Statement
For all transactions in excess of $500,000, please contact Jeff Altenburg, [email protected] for rates and terms available. Jeff will also assist in the collection of financial information.
