Leasing Options

Let Us Take The Guess Work Out.  Alternatives Include:

Lease to Ownership Plan

A Lease To Ownership Plan (or Capital Lease) allows the agency to own the equipment at the end of the lease term

Lease with the Option to Purchase

A Lease with the Option to Purchase (or Operating Lease) is an exchange of equipment for payments during the life of the lease. However, when the lease term matures, the agency has the following options:

1. Purchase the equipment for an agreed upon price
2. Extend the lease term
3. Return the equipment to the vendor

Extended Payment Plan (EPP)

An Extended Payment Plan allows the agency to make payments (monthly, quarterly or annually) over time that fits within their budgetary perimeters.

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