|
Estimate your Monthly Payment Enter the cost of the equipment where indicated, then click Calculate. The payments will fill in the grid below. These payments are estimates and are generally for business older than 2 years, where the business and business owner(s) have good credit. Other payment options are available for other credit and time-in business situations. $1.00 Purchase Option or Equipment Finance Agreement (EFA) These types of agreements have the highest monthly payments compared to the other options. However, you own the equipment at the end of the EFA or $1.00 Purchase Option term. 10% Purchase Leases with a 10% Purchase come with a lower monthly payment than the EFA or $1.00 Purchase Option lease. Typically, at the end of lease, the equipment is purchased for 10% of the original equipment cost. |
|