Who We Are
Lease 1 Financial provides accessible, understandable and trustworthy equipment lease financing and vehicle leasing. We’re in the business of helping your business thrive.
The Truth About Equipment Leasing
Equipment lease financing is a credible mainstream industry that gives you an alternative to bank loans and lines of credit.
An equipment lease offers reasonable fixed payments with a term ranging from 36 – 60 months with a negotiable residual at the end. It is considered more of a “rent-to-own” financial scenario.
An equipment lease is not a loan. It is not structured the same as a vehicle lease. With an equipment lease, you “rent” the equipment with the option to own it at the end of the contract. The cost to buy out generally ranges from only $10 to 10%.
*We do offer vehicle leasing as well as equipment leasing.
- 1. You find the equipment you need.
- 2. Contact us. We take your application and find the best lease for you.
- 3. We pay the vendor for your equipment.
- 4. You use the equipment while making monthly payments.
- 5. At the end of the lease, the equipment is yours!