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Why Lease?
Leasing benefits include:
Did you know that 73 percent of small businesses lease equipment, citing the top three reasons to lease as the ability to manage company growth, take advantage of the latest technology, and improve asset management? Learn more about the benefits of leasing by clicking here.
Who can Lease?
GE Express Financial Solutions handles our leases. They will lease to U.S.
companies only. Individuals can lease our products but you will have
to arrange the lease through your own leasing company then have them
contact us. We
will work with most leasing companies.
What you can Lease:
GE Express Financial Solutions will provide leases for as little as $1500.
If the printer you are looking for is under this amount keep in mind
that you can also add extended warranties and even extra consumables
such as toner, drums, and
paper to the initial lease.
How long does the Approval Process Take?
Usually 24 hours or less.
How long does it Take to Ship my Printer once Approved?
When GE Express Financial Solutions approves you, they will
fax us a Purchase Order. We ship your items that day if we receive the PO
by 12 noon EST - otherwise it will be the next normal business day. This
process is extremely fast and easy! The total processing time from time of
application to product shipment usually takes 48 hours or less.
How do I apply for a Lease?
We have made it very easy. Just go through our online store and add any products that you are interested in to your shopping cart. When you get to the shipping computation screen it will ask you for your preferred payment type. Select "Lease Application" and follow the directions on the resulting screen. The product prices are as on our main store - we do not offer any additional discounts for products being leased.
I've lost my lease application, how do I get another one?
Click
here to download the Lease Application.
What are the differences between Lease Types
FMV:
A Fair Market Value lease will make your monthly payment the lowest of all possible choices. The payments are 100% tax deductible if used for a business. At the end of the lease term you may return the equipment or purchase it for its Fair Market Value. If you do not wish to purchase the equipment for the quoted price, you are under no obligation to purchase it.
NOTE: This is the best option if you plan to own the equipment for 3 years or less.
10%:
A 10% purchase option lease offers you lower monthly payments than a $1 buy-out option. For Business Use the payments are generally tax deductible. At the end of the lease term you may return the equipment or purchase it for 10% of the original funding amount. If you do not wish to purchase the equipment, you are under no obligation to purchase it.
NOTE: This option offers end of lease flexibility and a pre-determined purchase price.
$1 buy-out:
The $1 buy-out purchase option lease transfers the ownership of the equipment to you at the end of the lease term. The lease payments must be deducted as a capital expense- (depreciable asset). This option protects your cash reserves, helps you manage your cash flow and simplifies budgeting with fixed monthly payments.
NOTE: This option is best for equipment that you intend to keep more than 5 years.
What will my Lease Payments Be?
We have a lease computer on our site that will compute your approximate monthly payment. To calculate your estimated monthly lease amount, click here for a popup window. For a more accurate quote, follow the above procedures to apply for a lease.
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