Leasing Plans

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Leasing Plans

Advantages of Leasing

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Admiral has many special leasing programs to help you finance equipment!

Standard Lease Plans - Flexible terms and payment options are available to get you the equipment you need. A one-page application and speedy process make it simple for you to apply. These include:

    • Fair Market Value - This option, known as a True Lease, offers the most options both during and at the end of the lease term for those worried about obsolescence or wanting a small security deposit and a relatively low monthly payment. At the end of the lease term, you have three options: extend the term of the lease, return the equipment, or buy the equipment at its fair market value. A True Lease allows a percentage of the cost to be deferred until the end of the lease when a decision to retain or upgrade the equipment can be made.

    • 10% Security Deposit - Because this program offers the lowest monthly payment, it is especially attractive to those who can afford to pay a security deposit of 10% of the lease amount at the beginning of the lease. End-of-lease options still apply. Use the deposit to extend the lease, or return the equipment and request a refund of the deposit.

    • 10% Purchase Option - This plan offers you a fixed purchase option at the end of the lease term. Upon final payment, you can continue to lease the equipment, return the equipment, or buy it at 10% of the original equipment cost.

    • $1.00 Buy Out - For those who are fairly certain they wish to purchase the equipment at the end of the lease term, this is the recommended plan. Once the lease term expires, the equipment is simply purchased for $1.00.

Specialized Lease Plans:

    • Step Lease Plan - Newer businesses benefit through lower payments at the start of the lease. Payments gradually increase over the life of the lease.

    • Seasonal Lease Plan - Some businesses experience interrupted cash flow due to the seasonal nature of their business. This plan allows these businesses to make payments only during their operational months.

    • Zero Down Lease Plan - You can take possession of the equipment with no down payment and a deferred first payment.

    • Deferred Payment Plan - This plan allows you to begin payment on the lease 60-90 days after taking possession of the equipment.

Contact us to learn about the financing options available.

*All applications require credit approval. Not all plans available on all equipment types.

300 Fellowship Rd ·Mt Laurel, NJ 08054 · P: 866-768-0073 · F: 866-768-0078 · info@admiralfin.com · ©2010 Admiral Financial Corp.