Call us to structure a lease plan that makes sense for you - one that matches the needs of both your business and budget. Complete the simple one page Lease Application along with any other financial Information which may be needed and mail or fax us. We will also be happy to take the information over the telephone.

When your application is approved, we will contact your equipment dealer to arrange for payment and delivery of your equipment.

Available Lease Plans

Fair Market Value (True Lease)

For those worried about obsolescence, this plan offers the most options during and at the end of the lease. It is also particularly beneficial to those who want to have both a small security deposit and a relatively low monthly payment. A True Lease allows the most cost to be deferred to the end of the lease, when a decision to retain or upgrade the equipment can be made. At lease end, the equipment can be purchased, returned, or the lease extended.

$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. At the end of the lease term, the equipment is simply purchased for $1.00.

10% Security Deposit Plan

This program offers the lowest monthly payment, and may therefore be especially attractive when a security deposit of 10% of the equipment price is affordable. End-of-lease options still apply: the deposit can be applied to the purchase price of the equipment, the lease can be extended, or the equipment can be returned and the deposit refunded.

Leasing for Start-Up Business

While our standard leasing plans are available for companies in business for more than two years, we also have a plan to help "Start-Up" businesses have access to the equipment they need. This program offers an "application only" for a total of $15,000 and unlimited amounts with a financial package.

Other Leasing Plans

While the referenced leasing plans are the most popular, we offer a number of other leasing options to help meet a variety of business needs. These include our Seasonal Lease Plan (sometimes called a skip-payment" plan), which allows up to three previously specified monthly payments to be omitted each year, an especially attractive feature for seasonal businesses. Our Step-Payment Plan permits lower monthly payments during the first year or two of a lease. Deferring higher monthly payments with this plan is particularly appropriate for businesses deciding to acquire equipment while allowing for growth. With the 90-Day Deferred Plan, the first three monthly payments are deferred, so lease payments are made when the new systems or equipment have had more time to begin generating revenue.

Common Questions

Why Lease?

Leasing is the smart way to add the fitness equipment, furniture, computers, etc. and to meet your business needs. Leasing plans are available which offer fixed payments geared to match your business' cash flow.

You have access to the equipment you need without making a large down payment or impacting your available lines of bank credit. Leasing equipment may actually cost less, in after-tax dollars, than outright purchase.

Who Can Lease?

Any company, organization or association. We cannot lease equipment to an individual for personal use.

Is A Down Payment Required?

A security deposit, usually equal to one or two month's lease payment, is generally needed. It can be applied to the purchase price of the equipment at lease-end, or returned if there are no other payments due.

Who Should Sign the Lease?

The lease should be signed by an authorized officer of a corporation, by one of the partners of a partnership, or by the owner of the sole proprietorship.

For additional information, please Contact Us.