Why Lease?

Leasing allows a variety of flexible options to include lower monthly payments, seasonal payments, return options, extended terms, and more.  Leasing can allow you to keep your equipment up to date.

Lease payments usually allow you to expense 100% of your payments.  Keep leasing in mind if you plan to trade in, turn in, or upgrade equipment at the end of the term.  Allow our experts to walk you through your options to help you decide what is right for you.

The different types of leases we offer are:

Purchase Upon Termination (PUT):  This option allows you to purchase the equipment at the end of the term for a fixed amount.  The amount is based on a percentage of the original equipment cost.  The benefit is lower payments while keeping the final purchase amount fixed.

Fair Market Value (FMV):  This option allows you to purchase the equipment for the fair market value price at the end of the contract.  FMV Leases give you lowered monthly payments with the option to purchase, trade-in, or upgrade your equipment at the end of the contract.

Terminal Rental Adjustment Clause Lease (TRAC): This type of lease is specific to transportation.  It allows you to turn in or purchase the equipment at the end of the contract for a fixed amount.