Lease Programs & Options
Leasing equipment through North Capital Group is easy and flexible.
Our experienced leasing professionals will assist you in finding
the right lease for your business.
Our programs include:
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Terms up to 60 months for both new and used
equipment. |
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Non-recourse financing/leasing on a national
basis for our Vendors. |
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Credit application only processing from
$3,000 to $75,000; full financial package required over
$75,000. |
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Competitive rates and simple documentation. |
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Turnaround time generally within 24-48 hours
under 75M; 3-4 business days over 75M. |
Lease Types
Fair Market Value: With this type of lease, businesses
return their equipment at end of lease OR purchase leased items
at fair market value; OR continue to lease equipment on a month-to-month
basis. This type of lease provides the lowest monthly payments of
any option. This is generally used for businesses that update their
technologies frequently.
$1 Purchase Option: With this type of lease, businesses will
purchase their equipment at end of lease for $1. This is recommended
for business that prefer fixed, predictable payments for accurate
budgeting AND wish to own leased items at the end of the lease.
10% Purchase Upon Termination (PUT): With this type of lease,
businesses purchase equipment upon the end of lease at 10% of original
purchase cost. This is recommended for businesses that that wish
to own the equipment at the end of the lease AND want to lock in
a fixed interest rate for the term of the lease.
Got a question? Need more facts? Contact
us and get your questions answered immediately.
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