Leasing rates shown here are factors. Multiply the factor times the amount
of purchase this will equal the payment for the listed term.
Most leasing companies will generally provide
you with lease factors as a guideline.
60 Month Factor .0242 X Amount $25,000.00 = a $605.00 monthly payment for 60 Months)
Interest Rates and leasing: A commonly asked question is. "What is the interest
rate on that lease?" Leasing rates are not interest calculated in the same way that Bank Loans are.
The prime interest rate does affect the lease rates, but they may not be used in the calculation.
Please Note: Rates and information listed here are
provided as a guideline. There are many factors that affect the cost of financing. We would be happy to assist you with
your equipment financing needs.