Equipment Leasing Option
What is leasing?
Lease
Financing is another way for IMS Customers to pay for their equipment. Your
business simply applies for credit, and once approved, receives the equipment
and pays for it over a certain period of time at set payments. IMS offers the
most popular and widely used lease, often referred to as “Lease to Own.” After
paying for the equipment over the term, your business may purchase the
equipment for the low cost of $1.
Which lease is right for you?
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$1.00 Purchase Option
This
type of lease is the best and most popular option for those who want to own the
equipment at the end of the lease term.
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Other choices are available and can be discussed with our leasing company
representative.
What are the advantages of leasing?
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Better equipment
All companies have budgets or fixed dollar amounts that need to be considered
when purchasing equipment. Leasing presents the opportunity to buy more or even
better equipment with the same amount of money. Leasing state-of-the-art
equipment often leads to increased efficiency, resulting in greater profits.
Equipment that is more high tech and sophisticated enables every business to
maintain a competitive edge.
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Low monthly payments
Because payments are spread out over a certain period of time, purchasing
equipment is more affordable. Depending on your needs, payments may be broken
down into 36, 48 or 60-month payment plans. Additionally, the price is fixed
over the entire duration of the lease, allowing your business to avoid the
constant threat of inflation.
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Lower after-tax payments
Monthly lease payments may be fully deductible as operating expenses; Consult
your tax accountant.
What kind of equipment can be leased?
Lease financing is available on most capital
equipment purchases that exceed $2000 including tax, shipping and accessories.
Items that are consumable in the manufacturing process, such as aerosols, are
not eligible.
Who is approved for a lease?
IMS
Company works with the leasing company, who will provide customers with the
details of the leasing agreement. Frequently, credit approval is established in
less than 24 hours.
What else should you know about the terms?
There is a $125 documentation processing fee.
Where do you get started?
Contact
IMS Customer Service at 800-537-5375 to receive a leasing application or
click here to download a leasing application in PDF format.
After contacting us, our leasing company
representative will contact you to further explain the program and to answer
any questions you may have.
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