Lease Options > Benefits > Flexible Payment Options

Leasing Offers Flexible Payment Options

Choose the program that is right for your business—traditional Fixed Payment or one of our additional program options including Step-Up, Deferral or Skip Payment.

STEP-UP PAYMENT OPTION
Grow Into Your Payments
Step-Up payments afford you lower payments early in a lease term and higher payments later.Typically, companies buy smaller units that they have to soon upgrade or replace. With a step-up program, reduced front-end lease payments allow companies to acquire higher capacity equipment at the onset of the lease.

Our Easy Start program requires only $100 due at signing and payments 2-7 are only $100 each. The step-up payment begins with the 8th payment.

Payment Schedule - Easy Start Example
• The first payment of $100 is due at lease signing.
• Payments 2-7 are $100 each.
• Step-Up payments start with the 8th payment

Equipment Cost          $30,000
Due at Signing             $100
1 advanced payment
Payment 2-7:               $100
Payments 8-60:          as low as $697

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DEFERRAL PAYMENT OPTION
Buy Now–Pay Later. Get your equipment now and make no payments for 90 days!

Our deferred payment lease program offers your business the opportunity to avoid initial lease payments while getting your equipment up and running. Allow your equipment to begin producing revenue prior to making your first scheduled payment.

This program allows for a payment moratorium at lease inception. The deferral period is typically 90 days from acceptance, but can extend as long as 6 months.This program can help offset the break-in, set up and training requirements associated with new equipment purchase while giving you the ability to generate profit prior to making payments.

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SKIP PAYMENT OPTION
This option allows you to accommodate slow periods in your business

Skip payment programs permit payment reductions and abatements during seasonal businesses' slow periods. Seasonal businesses can then match larger payments with periods during the year in which more cash is generated.

Another form of a skip payment program would be a quarterly or semi-annual payment option.

Skip Payment Examples
School Districts
Often times, school districts elect to go with annual payment options that match income tax revenue.

Tourism
Businesses catering to tourism may elect to avoid payments during non-peak months when they know revenue is lower.

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