An equipment lease agreement is a contract in which you  (the lessee) pays for the use of the equipment while the lessor (the funding entity) owns the equipment.  There is no question that the popularity of equipment leasing is driven by its numerous advantages over more traditional methods, such as bank financing or cash purchases.  A brief outline of its flexibility illustrates the point:
  
Fair Market Value (True Lease)

·  Minimizes obsolescence
     - Numerous payment options
     - Small security deposit
     - Low monthly payments
     - Variable payments
  
·  Flexible end-of-lease options
    - Buyouts
    - Equipment upgrades
    - Lease extensions
  
$1.00 Buy-Out

·  End-of-lease purchase established at $1.00
     (Not available in AR, FL, NE or TX)
  
10% Security Deposit Plan

·  Lowest monthly payment
·  End of lease options apply
·  Deposit can be applied to purchase
·  Lease can be extended
·  Equipment can be returned
·  Deposit can be refunded
·  End-of-lease balance can be financed if equipment is           purchased
 
10% Purchase Option Plan

·  Establishes fixed purchase amount at end of lease
·  Lease term can be extended at end of lease
·  Equipment can be returned
·  Purchase equipment at 10% of original equipment cost
·  End-of-lease balance can be financed if equipment is purchased
  
  Call Midwest Leasing at 900-203-8920 Today!