Finance Lease

Finance Lease - $1.00 purchase option (lease to own). A finance lease is a full-payout noncancelable agreement. You are responsible for maintenance, taxes and insurance. This lease allows the customer to own the equipment for $1 at the end of the lease. The following options are available at the end of the lease:

• Purchase the equipment for $1
• Upgrade the lease

This option is good for equipment with a long useful life. Also called a capital or finance lease and may be depreciated on the balance sheet. See our programs list for additional leasing and financing options.

Program list