True = Operating Lease with a
10% residual or balloon payment due at the end of the contract.
Capital = Capital Lease with a $1.00
(one dollar) residual due at the end of the contract.
EFA = Equipment Finance
Agreement – no residual – same payment as the Capital Lease.
Rate Factor tables: select a term/ then multiply the equipment cost x the rate factor to get the monthly payment (does not include sales tax). Also rate factor sheet should only be used as an estimate guide.
|
Over 2
yrs Time in
Biz |
True |
Capital |
True |
Capital |
True |
Capital |
True |
Capital |
|||||
|
24 mo |
36 mo |
48 mo |
60 mo |
||||||||||
|
$1k-$7k |
.04916 |
.05267 |
.03534 |
.03753 |
.02852 |
.03003 |
.02448 |
.02560 |
|||||
|
$7.1k-$12k |
.04540 |
.04896 |
.03509 |
.03730 |
.02825 |
.02979 |
.02420 |
.02534 |
|||||
|
$12.1k-$20k |
.04703 |
.05068 |
.03343 |
.03571 |
.02667 |
.02828 |
.02266 |
.02387 |
|||||
|
$20.1k-$30k |
.04600 |
.04965 |
.03266 |
.03495 |
.02603 |
.02765 |
.02209 |
.02331 |
|||||
|
$35k + |
Please
call for detailed quote |
||||||||||||
|
Under 2
yrs Time in
Biz |
True |
Capital |
True |
Capital |
True |
Capital |
True |
Capital |
|||||
|
24 mo |
36 mo |
48 mo |
60 mo |
||||||||||
|
$1k-$7k |
.06245 |
.06546 |
.04913 |
.05076 |
N/A |
N/A |
N/A |
N/A |
|||||
|
$7k-$12k |
.05932 |
.06236 |
.04645 |
.04944 |
.04021 |
.04123 |
.03657 |
.03724 |
|||||
|
$12k-$20k |
.05753 |
.06056 |
.04480 |
.04648 |
.03861 |
.03965 |
.03498 |
.03567 |
|||||
|
$20k-$30k |
.05703 |
.06011 |
.04426 |
.04598 |
.03801 |
.03909 |
.03435 |
.03507 |
|||||
