Types of Equipment Lease Printer or Copier
Fair Market Value Lease
A Fair Market Value lease is the best option for businesses looking to regularly refresh technology. The low monthly payment, potential operating expense deduction, and multiple end-of-term options resulting in ownership make this ideal for customers interested in upgrading at the speed of technology. Choose between four different options at the end of the term, including upgrade, buyout, renewal, and return.
$1 Buy Out Lease
The $1 Buy Out purchase option allows your business to own the equipment written on the lease upon fulfillment of the lease’s contractual obligation for $1.00 with no renewal lock. Title transfer will be given to the customer after the final payment is made – because the customer owns the equipment at the end of the term, no return freight costs are issued. This lease type also provides potential capital lease tax advantages for customers.
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