Leasing Information |
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Leasing options are available from a number of companies. Typically, there are two type of leases: 1. Fair Market Value...when the lease is up, you have the option to buy everything at the fair market value of the goods outlined in the lease (this fair market value is identified at the time you sign the lease, and included in the lease paperwork). Monthly lease payments are typically lower on this type of lease than on the Dollar Buyout lease option. 2. Dollar Buyout...when the lease is up, you pay $1.00 to transfer ownership to yourself. The monthly lease payments on this type of lease are typically higher than on the Fair Market Value lease option. One leasing company that has worked with quite a number of POSIM users--and which covers both the soft costs (i.e., software, services) as well as the hard costs (i.e., equipment)--is Marlin Leasing. They can give you details on their leasing options and costs, and will be happy to provide the lease application and help you complete it. Lease approval generally takes less than a week. NOTE: Most leasing companies, including Marlin Leasing, require businesses applying for a lease to have been in business for at least one year. Contact information at Marlin Leasing is: Kelly Land |
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