To Apply Now Click Here

QUESTIONS & ANSWERS ON LEASING

WHO CAN LEASE?

Any company, organization or association. Advantage will not lease equipment to an individual for personal use.

AFTER THE CUSTOMER (Lessee) HAS DECIDED TO LEASE EQUIPMENT FROM ADVANTAGE, WHAT IS REQUIRED?

Advantage will have the credit information reviewed and upon approval, the lease will be prepared.

HOW ARE LEASING CHARGES DETERMINED?

The monthly payment is based on the term of the lease, cost of the equipment, and the credit of the lessee. The initial term of a lease runs from 12 to 60 months.

WHAT FACTORS ARE USED TO DETERMINE CREDITWORTHINESS?

1. Length of time in business.
2. Financial condition.
3. References.
4. D & B or other credit bureau ratings.

WHAT ABOUT EQUIPMENT OBSOLESCENCE? CAN I UPGRADE AND/OR ADD-ON?

Upgrading and adding on equipment are everyday occurrences on Advantage leases. Your original lease can be amended, or a new lease can be structured at the time of new acquisitioin.

DOES ADVANTAGE LEASING SERVICE OR MAINTAIN THE EQUIPMENT?

No. The lessee receives the benefits of all "buyer warranties".

WHAT ABOUT SALES TAX?

Advantage will invoice the customer for the appropriate sales tax on a monthly basis.

Call 1-800-692-7255 for information today!!

| Home | Advantages of Leasing | Questions and Answers | The Lease Process |
| Lessee and Vendor Programs | Equipment Types | Application Form |
| Vendor Lease Process | Advantages to the Equipment Salesperson |

http://www.advantagelease.com/qanda.htm

Copyright © 2000 Advantage Leasing