Frequently Asked Questions
Want to know more about leasing or financing technology?
Here are answers to five common questions. If you need more information, please contact us.
2) What is required to qualify to lease or finance?
The minimum required amount is $5,000 and there is not a maximum amount. Leasing terms range from 12 months to 60 months and payments can be structured according to business needs. A simple, one page application is usually all that is necessary for opportunities up to $250,000. Over that amount, a financial package may be necessary.
3) How long does the leasing/financing process take?
Requests for up to $250,000 can be done in a matter of hours. After a business is approved, contracts are sent for signing. Once we received signed documents, a purchase order is issued to the reseller. When the business verifies delivery and acceptance of the solution, we pay the reseller in full.
4) What happens at the end of the lease term?
End of term options vary based on lease type. FMV leasing provides the greatest flexibility, allowing a business to either extend the lease, return the equipment or purchase the equipment at Fair Market Value. If you decide to return the equipment, you can take advantage of a Tech Refresh and update your technology.