A lease-to-own equipment financing plan enables you to acquire necessary equipment without the burden of an upfront purchase price. By making manageable monthly payments, you can maintain cash flow for other essential areas of your business while obtaining the equipment you need when you need it.

How Does a Lease-to-Own Plan Work?

1. Collaborate with our sales team to select the ideal equipment for your specific needs.
2. Choose a financing plan that aligns with your budget for monthly payments.
3. Submit a straightforward application, typically just 1-2 pages.
4. Receive approval, often within a few minutes to a couple hours.
5. Take possession of the equipment; a deposit may be required depending on the chosen plan.
6. Attain ownership at the end of the term, which is often as simple as a $1 buyout or the surrender of your deposit.

What Are the Benefits of a Lease-to-Own Financing Plan?

1. Enhanced Cash Flow: Monthly payments help you preserve cash flow for daily operations. New equipment often boosts efficiency and reduces downtime, allowing the machine to effectively pay for itself.
2. Access to the Right Equipment: Financing gives you immediate access to the equipment that best suits your cleaning tasks. Should your needs change before the lease is up, it’s easy to swap or upgrade equipment with a simple adjustment to your monthly payment.
3. Maintenance and Service Options: Many lease agreements allow you to incorporate scheduled or preventative maintenance plans into the financing, ensuring your equipment stays in top condition.
4. Credit Preservation: The application usually entails a soft credit pull, meaning it won't affect your credit score. Equipment financing allows you to maintain access to bank lines and other lending sources for potential business expansion.
5. Efficient Budgeting: With a fixed monthly payment, it becomes easier to plan and allocate your financial resources effectively.
6. Potential Tax Advantages: Certain businesses may qualify for tax deductions under Section 179 or may choose to report lease payments as operating expenses rather than an outright purchase. It's advisable to consult a tax professional to determine the best approach for your situation.
   
   

What Are the Different Options for a Lease-to-Own Plan?

1. Easy Pay Plan: This plan features a 12-60 month term, requiring the first and last month’s payment upfront. At the end of the term, you simply surrender the deposit (last month’s payment) to own the equipment.
2. 12 + 1 (Baker's Dozen) Plan: Divide the sale price by twelve to determine the monthly payment amount, with one payment due upfront as a security deposit. After the twelve remaining payments, surrender the initial deposit to take ownership.
3. Special Promo Plans: These limited-time offers are worthwhile to consider when available. They typically necessitate that your company has been established for a certain number of years and meets higher credit requirements than standard lease options.

a. 6-Months – Same As Cash: No payments are due for the first six months. After that, you can either pay off the lease without penalty or roll it into a standard term lease.

b. Zero Interest Plan: Typically a 12-month arrangement, you simply divide the purchase price into twelve payments, with a $1 buyout option at the end.

c. 90-Day Delayed Payment: Standard term agreements with the first payment due in 90 days. Includes a $1 purchase option at the end of the term.