EQUIPMENT LEASE
VERSUS BUYING

We at Stanton Leasing want to thank you for taking the time to consider leasing as a form of financing for your new equipment. We want to stress to you the most exciting feature of leasing-- when the terms of the lease are complete, the equipment is yours for either $1.00 or 10% residual.

The following are some commonly asked questions about Lease/Purchase programs:

Q. What are my limitations under a lease/purchase agreement?

A. NONE! Stanton Leasing works with the lessee to find a term and payment to meet their needs.

Q. What if I want to pay off my lease early?

A. NO PROBLEM! The commercial lease comes equipped with a Stipulated Loss Value Schedule which represents the payoff number as a percentage of the equipment value at any given time. This schedule is used to determine the price of the payoff.

Q. What information does Stanton Leasing need to process my lease?

A. Complete the application provided, fax or mail it back to us. We will handle all the paperwork.

Q. How long will it take Stanton Leasing to get my vendor paid?

A. Upon receipt of the equipment and verbal verification by the lessee, the vendor is paid within 3-5 days.

Q. Who has the title to the equipment throughout the length of the lease term?

A. The Lessee has title, with the Lessor granted a “security” interest this is the same as having a bank as a lien holder.

Q. Who can sign the Lease Documents?

A. The president or owners of the business will be required to sign the lease documents.