Leasing and Financing Options
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100% Financing
NEC will help you finance your complete technology environment, from hardware
to software and everything in between.
Purchase Options
Depending on equipment type and lease terms, purchase options available can
be negotiated and include $1.00 option, 10% option and Fair Market Value
Fair Market Value Lease
Get the lowest possible lease payment with an end of lease purchase option
not to exceed the fair market value of the equipment. This type of lease may
have significant tax advantages.
$1 Purchase Option Lease
This lease type entitles the customer the benefits of ownership, such as
interest and depreciation deductions. After all the lease payments are made,
the customer can purchase the equipment for $1.00.
10% Purchase Option Lease
At the end of the lease, the option to purchase is fixed at 10% of the
original cost allowing for lower monthly lease payments and a predictable
cost of purchase at the end of the initial lease term.
Flexible Terms
Depending on equipment type, lease terms can be as short as 12 months or as
long as 6 years.
Master Lease
To offer complete flexibility in lending, NEC can provide you with a Master
Lease form, into which multiple schedules can be incorporated for each
category or unit of equipment. The Master Lease structure enables NEC to
offer central or multiple location billing, multiple lease terms and purchase
options, which can be customized for various groups of equipment.
Convenience
NEC Financial Services Leasing Solutions are convenient because they combine
diverse units of equipment and systems into one flexible, all-inclusive
Master Lease Agreement. You retain the ability to segregate units of
equipment or systems into separate lease schedules, enabling you to more
precisely monitor and identify each category in the future.
Flexibility
Customized Leasing. By providing separate lease schedules, NEC can
individually tailor the financing terms of each category of equipment to meet
your specific needs. In other words, one schedule might have a 5-year term,
while another has a more appropriate 3-year term. Purchase options can vary
by schedule.