Finance Options

Installment Sales Contract

Perfect for those who wish to take immediate ownership of equipment while spreading payments over time, an Installment Sales Contract allows you to gradually build equity. Typically, trade-ins or down payments are part of these arrangements and may be necessary depending on your credit. The financed amount includes any applicable taxes. With an Installment Sales Contract, you benefit from ownership perks like depreciation and interest expense deductions. Whether you’re financing new or used equipment, this remains the most cost-effective method for owning machinery. We provide a range of flexible payment plans including monthly, quarterly, semiannual, seasonal, skip, and accelerated options. Terms usually span 1 to 5 years for both new and used equipment, with a generally fixed finance rate.

Full Payout Finance (Capital) Lease

A Full Payout Finance Lease is an ideal choice for those aiming to own equipment through a lease arrangement. Enjoy the same tax advantages as an Installment Sales Contract, with the distinction that taxes are applied to each payment rather than included in the financed amount. This approach allows you to gradually build equity in your equipment. Additionally, qualified customers can benefit from 100% financing, covering the complete purchase price. Whether you're financing new equipment for 1 to 7 years or used equipment for 1 to 5 years, we provide a range of flexible payment options, including monthly, quarterly, semiannual, seasonal, skip, and accelerated plans to suit your cash flow needs. Typically, the finance rate is fixed, offering stability and predictability.

Finance (Capital) Lease with a Balloon or Option

Experience the advantage of lower payments and enhanced flexibility with a Finance (Capital) Lease that includes a balloon or end-of-term option. At the end of the lease, you have the choice of making a balloon payment to own the equipment or opting to return it. Each payment, along with any balloon or option exercised, includes applicable taxes. Enjoy tax benefits comparable to an Installment Sales Contract or Full Payout Finance Lease. Eligible customers can benefit from 100% financing, covering the full purchase price. Finance new equipment for anywhere from 1 to 7 years, and used equipment from 1 to 5 years. Our flexible payment plans are designed to fit your financial needs, offering options like monthly, quarterly, semiannual, seasonal, skip, and accelerated payments. With a typically fixed finance rate, you gain the assurance of stability and predictability.

Tax (Operating) Lease - with stated purchase option

When comparing different types of financing, a Tax Lease with a stated purchase option offers the lowest possible payment. A Tax Lease is essentially a long-term rental. A customer can purchase equipment at whatever the leasing company has determined is fair market value at the end of the lease or return the unit. Monthly payments have applicable taxes added to each. Taxes will also be applied to the fair market value price set by the leasing company if the customer decides to purchase the equipment at lease end. A Tax Lease may provide additional financial statement benefits that an accountant should review.