Home   Online Application   Benefits of Leasing   FAQ's   Types of Leases   Vendor Programs   Glossary of Terms   Careers   Contact Us   Francais     One of the many benefits With a fixed guaranteed monthly payment for the duration of the lease there will be no increase due to overall inflation.		Types of Leases   With different payment structures and end of term options to choose from, we can structure a lease to fit your needs. The three basic types of leases are: Fair Market Value (FMV) Equipment lease buyouts vary depending upon original cost of equipment, term of lease and type of equipment. Stretch This type of lease contains at least one early purchase option which has been determined at the time the lease is executed. There may be an instance where several purchase options are available throughout the term of the lease. Stretch leases may have a FMV at lease expiry. It is therefore important to determine lease structure prior to commencement. $10 As the title implies, there is a $10 buyout at lease expiry. Payment Schedules: Standard Payment The vast majority of leases are structured to include one or two lease payments in advance with the lease designed over a fixed period of time (24, 36, 48 months) with a fixed monthly payment. 90 Day Deferred Payment This payment schedule allows you defer payments while you use your new equipment to increase cash flow. Seasonal Payments Many industries are seasonally sensitive, thus generating more income during certain times of the year. We can arrange a payment schedule that allows your payment to rise and fall with your business sales peaks.