We offer multiple lease types to best meet your needs: 

True lease

The true lease program can provide your customer with a low payment while allowing you higher funding and greater ease of upgrading when trading up the equipment. At the end of the lease term, your customer can typically:

  • Renew the lease
  • Upgrade the equipment
  • Return the equipment

$1.00 buyout lease

Some customers are happy with their current equipment and don’t wish to spend time learning processes and technology enhancements that come with a new piece of equipment. The $1.00 Out program allows the customer to purchase the equipment at the end of the lease term for only $1.00. If it is your customer’s goal to own the equipment at the end of the term, then this may be a good option for them.

Installment Payment Agreement

The IPA is an agreement written specifically for software or service-only financing. With an IPA, your customer can have one annual or monthly payment that packages the following costs together:

  • Software
  • User Licenses
  • Installation

Master Lease Agreement

A continuing lease arrangement whereby additional equipment can be added from time to time merely by describing the equipment in a new lease schedule executed by the parties. The original lease contract terms and conditions apply to all subsequent schedules. In contrast to a lease contract for a single transaction involving a specific unit of equipment, a Master Lease is essentially a line of credit to draw from over time in order to purchase equipment.

 


 
 

Specie Capital | 5870 Merle Hay Road, PO Box 72, Johnston, IA 50131 | p (515) 276-0706 | f (515) 334-5023
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