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Leasing |
As part of our effort to help small and medium size companies to gain access to the powerful business collaboration tools, like Video conferencing, VoIP systems and services we offer the leasing option.
With the current financial crisis, economic downturn and banking restrictions In today's economy and capital restrictions, companies are looking at financing as an alternative for capital equipment acquisitions.
Why look at Leasing?
There are some concrete advantages and benefits that companies get from going with the leasing option, for instance;
- Tax incentives – payments are 100% expensed
- Available capital for other critical investment
- Allows optimum use of financial resources
- Use of latest technology – avoids obsolescence
- Maintain credit ratings ( improves it)
- Flexible leasing programs
In addition to the conservation of capital and other benefits the leasing option allows companies to acquire the latest technology that will help them increase productivity and sales revenues.
Equipment Leasing & Financing Programs
Lisnet Inc in conjunction with its Integrity Leasing Partner in Norwood MA offer cost effective programs that are tailored to match company’s need and budget. Furthermore, the following options can be executed with first and last payment in advance or with 0% down and 60 days and no payments for 60 days.
- 12 month rent-to-own program - Take the Equipment cost, service, freight, installation, even some
supplies, etc., now divide by 12 and that is the monthly payment! (12 month term only). For example, $12,000 divided by 12 months = $1,000 per month (plus tax). Program requires first and
last monthly payments in advance. Customer makes the balance of monthly payments and then takes title to the equipment for a 10%Buyout (equal to 10% of the financed amount or $1,200 in this
example)
- 10% buyout at lease end - Also considered a combination of the capital and operating leases. Including full term maintenance provides a hedge against inflation. The lessee has the option to pay a predetermined percent of the original equipment cost at the end of the lease, or walk away. By leaving a residual at the end of the lease, the monthly payments are lowered. Tax benefits can also be taken advantage of.
- $1 Buyout - Also known as a capital lease and finance lease. $1 Buyout is the closest option to straight bank financing. The lessee fulfills payment requirements for the duration of the lease, and once final payment is made along with $1.00, he/she becomes owner of the equipment.
- Additionally, equipment must be shown as an asset and depreciated. It is not recommended that the equipment be written off as a rental expense. This simple option requires no further obligation, but one might keep in mind the monthly payments are slightly higher than an operating lease.
- PMV purchase option - This option may be tax deductible under IRS guidelines and payments can be written off. The equipment can be purchased at the end of the lease for its current fair market value (an estimated 10%) or the lessee can return the equipment with no further obligations.
Request for a Quote - Click Here
Our leasing process is designed to help us quickly respond to your equipment leasing needs and provide the best possible opportunity for an approval of the perfect program for your business. Our customer service teams are here to make your experience with us as easy as possible. If you have any questions about our process please contact us at 1-781.652-0559 or 781-636-0202 X11
Once we receive your request, one of our representatives will discuss your project, equipment and service needs. He or she will work with you to design the leasing program that meets your requirements. Please Click Here to request a leasing application on line and fax it back to 781-636-0206.
Once we receive the application, we will update the bank and trade information. Our financial team will then review the application to help get the monthly payment that you desire. After the application review we will send out the documents for the lease and a list of items that we will need from you in order to complete the lease transaction.
The next step will be to submit your final documents and release funds to the vendor or yourself !
Equipment
The equipment we lease includes the following categories:
- Video Conferencing Systems
- VoIP PBXs and Phones
- Peripherals - Displays - Projectors - AMX Touch Panel Controls
- Services - A/V integration - Maintenance
- Digital Signage Systems
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