The lease is non-cancelable. However, you may arrange for prepayment of the lease or to upgrade the asset.
It takes five to seven business days from the time we sign the lease agreement.
A nominal fee is charged for processing the lease documents. Unlike a down payment for a purchase, we only require the first rental in advance, this is applied to your total lease payments.
The truth is, leasing isn’t just for photocopiers and forklifts as was the case in the past. More than 80% of the successful companies have used leasing to optimize cash flows and become more competitive. Companies, big and small, have leased everything from laptops and bulldozers to office furniture and shelves.
At the end of the lease (typically 3-5 years), you may decide to either extend the lease, return the assets to us or lease another asset.
With leasing, you spread out the acquisition cost of your asset over time, freeing up valuable capital to expand the business. The lease payments are fixed enabling you to budget over a period of time. There are also tax benefits associated with leasing.