Monday, February 28, 2005

Equipment Leasing Programs - True Lease

A True Lease which is also known as a fair market value (FMV) lease provides the most standard type of lease agreement. This type of lease structure will offer you the lowest monthly payment for new/used or sale leaseback leases. In some cases, your business can claim the lease payment as a tax deduction. This lease structure will allow you many options at the end of the lease. Such options are:

  • Purchasing the equipment at the current fair market value

  • Upgrading to new equipment

  • Renewing the lease

  • Returning the equipment