|
 |
Estimate your Monthly Payment by entering the cost of the equipment, vehicle, furniture and/or software that you are financing. You will receive an email listing quotes for 24, 36, 48, 60 and 72 months with the following two basic structures:
The Capital Lease would begin with first or first and last monthly payment, run through the desired term, at the end of the term you would purchase the equipment for $1.00. As your accountant will tell you, you’ll have to depreciate this one the same way you would a bank loan, or any other sales contract.
The Operating Lease will start the same way with first or first and last monthly payment, run through the desired term, at the end of the term you have the option to purchase the equipment for a residual, normally 10, 15, or 20% of the original price. Or, you can turn the equipment back in. You are able to write the payments off as a rental payment, if your accountant chooses. This way gives you the tax savings of a rental payment.
The resulting numbers are estimates only. For a specific quote, please contact Granitie Leasing.
|
|
|
|
|