REQUIREMENTS:

Below you will find the general requirements for both a consumer or personal lease as well as a commercial or business lease.
Which one is right for me?
The business lease is the preferred option with lower rates, easier qualification and more flexibility, provided you own a business.
CONSUMER LEASE REQUIREMENTS:

* Lease must be made through you, a U.S. resident (USA residents only)
* Better than 550 credit score
* Acceptable personal credit
* Amount from $3K - $25,000 maximum
* Rates charged based on your credit rating & history


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BUSINESS LEASE REQUIREMENTS:

* Lease must be made through your business (located in the USA only)
* Your business must have been in business for at least 2 years
* Three trade references to support good pay habits
* Acceptable personal credit
* Lease amount from $4,000 up to $250,000.

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FAQs

WHY IS LEASING BETTER THAN A BANK LOAN

1.MINIMUM DOCUMENTATION: Bank loans often required 3yrs. corporate and personal tax returns which show a corporate profit. Our Lease only requires one short form. It is a fact that up to 90% of small businesses don't qualify for bank loans because they fail to show profits.

2.NO EXTRA COLLATERAL:The only collateral pledged is the leased equipment. A major asset such as a personal residence, building, car, accounts receivable, etc. is not pledged as collateral.

3.FIXED PMT: Leasing payments are fixed and not subject to changes in the Prime Rate as are bank loans.

4.LOW DOWN PMT: Leasing does not require a large down payment. Banks often require 20%-40% down.

5.PRESERVE CREDIT LINES: Leasing allows for the preservation of bank lines of credit which can be left open for short term borrowing.

6.EASIER TO QUALIFY: Banks often don't like to lend money for "non-essential" equipement such as hi-fi gear. We think it's pretty essential ourselves. Try borrowing from a bank for 'USED' gear and only using that as collateral - good luck!

HOW MUCH CAN I EXPECT TO PAY?

How much you pay is directly tied to your credit score - low credit scores can be funded but at a premium cost.

A typical BUSINESS LEASE for $10K. over 36 months, with A1 credit would be $335/mo.*

A typical CONSUMER LEASE for $10K. over 36 months, with a 725+ credit score would be $330/mo.*

*Quotes are estimates only, subject to change and do NOT include taxes, doc. fees and insurance

WHAT ARE THE STEPS?

1.Complete our short application and submit it. You should be able to do it in under 5 minutes.
2.Upon approval, we will fax the lease documents to you which you sign and fax back
3.Upon receipt of your signed lease documents, we'll issue our purchase order right away.


ARE THERE ANY FEES OR COSTS TO APPLY?

There are no application fees and no traditional down payment is required, a nominal documentation fee may apply. Advance monthly payments may be required depending upon the amount of the lease.


CAN I WRITE OFF MY BUSINESS LEASE EXPENSES ?

Typically YES ... but this is a question best answered by your accountant. We have found usually our customers have been able to write off the lease payments through their business.

We stay open to better serve you when you need us: We understand you may have questions and when you do you need to be able to pick up the phone and speak to someone - so when you do have questions, we will be here to answer them for you.

With a variety of lease options and payment plans, we will be happy to help you find the best fit for your needs:

• From one year up to five year lease plans
• Business leasing as well as personal consumer leasing.
• New equipment AND Used equipment can be leased.

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