Also called a Fair Market Value Lease, a True Lease allows you to write off each lease payment as an operating expense. For those worried about obsolescence, this plan offers the most options both during and at the end of the lease. In addition, this plan is particularly beneficial to those wanting to have both a small security deposit and a relatively low monthly payment. When the lease term is up, you will have the option to renew the lease, upgrade the equipment, purchase it at Fair Market Value, or return the equipment. MedPro also offers financing for those wishing to purchase the equipment at lease end. A True Lease allows the most cost to be deferred to the end of the lease, when a decision to retain or upgrade the equipment can be made.
NEW BUSINESS PLAN
We’ve developed a plan especially for new businesses that helps young companies acquire the equipment they need. Businesses that are just opening may qualify.
SECURITY DEPOSIT PLAN
This program offers the lowest monthly payment, and may therefore be especially attractive to those who can afford a security deposit of 10% of the equipment price. End-of-Lease options still apply; the deposit can be applied to the purchase price of the equipment, or the equipment can be returned and the deposit refunded.
$1.00 BUY OUT
For those who are fairly certain they wish to purchase the equipment at the end of the lease term, this is the recommended plan. At the end of the lease term, the equipment is simply purchased for $1.00. This plan may not available in all states.
SKIPPED PAYMENT LEASE
This type of lease agreement requires the lessee to make payments only during certain months or periods each year, to meed seasonal needs or other cash flow constraints.
Step leases allow lease payments to either increase (step-up), or to decrease (step-down) over the term of the lease to better meet unique cash flow needs.
DEFERRED PAYMENT LEASE
A Deferred Payment Lease is a lease that contains a 30,60 or 90 day deferment of the first monthly payment.