Overview
ProMAX Systems makes it simpler than ever to acquire our world famous Digital Media Solutions. Following in our tradition of service and support you can now lease your System and or components directly through one of our leasing partners. ProMAX works directly with multiple leasing partners so that we can offer you the best choice of rates and programs.
All of our leasing partners have direct experience with video and digital media companies like yours and we are always screening new banks and brokers for the best deals. If you have not considered leasing in the past, talk with one of our consultants that will explain the pros and cons of lease financing.
Overview
Consider the following reasons why lease finanacing through ProMAX maybe your best alternative.
- Equipment Leasing is the use of an Asset
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No business pays for its employees in advance; they pay people as they contribute. It should be no different with a contributing asset like business equipment. Leasing enables you to pay as you go.
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- Longer Terms.
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Many banks only lend money for a short term, usually 12 to 36 months. In lease arrangements, the term can be as long as 60 months, and in some cases, even longer.
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- Conservation of Capital
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Because of the sizable cash outlay involved in purchasing new equipment many businesses lease to conserve capital. This is especially true during times of financial certainty.
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- Easier than Bank Loans
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Leasing programs and procedures are specifically designed to take the red tape out of financing. A one-page application is often all that is required. |
- Little or no Down Payment
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Special programs reflect the unique financing needs of specific industries. Small up-front costs make leasing very attractive. |
- Fixed Payment
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Monthly payments on a lease are generally fixed for the entire term of the lease. This enables you to budget and manage equipment dollars for the months or years ahead. |
- 100% Financing
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Traditional methods of financing usually do not include “soft costs” such as set-up or installation, service contracts and delivery fees. |
- Purchase Options are Available
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At the end of the lease you may purchase the equipment at an agreed upon price ($1.00, 10% or FMV) or simply return the equipment. |
- Special Programs
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Marketing and pricing programs can be customized to reflect the different financing needs of various industries. |
- Master Lease
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The master lease agreement provides for a “line of credit” to cover the acquisition of equipment over time from one or various vendors. The pricing is based on the total amount approved, thus giving lower rates to even the smallest part of the lease package. of the lease package. |
This information was reproduced with the permission of Southern California Leasing, www.socalleasing.com