For customers who want a low monthly payment and ownership options at equipment lease end. The TRAC Lease is a great way to get into a brand new CAS® Slinger at a low monthly cost as you are building your business.
When you choose a TRAC lease, you’ll receive these valuable benefits:
- 100% financing available to qualified customers
- You can lease equipment up to 72-months.
- Predetermined residual value.
- Depending on option, monthly payments are generally lower than traditional
- For U.S. GAAP and U.S. tax purposes: Treat as a rental – write off 100% of payments
- Very flexible and is customized to meet each specific customer’s equipment needs.
- Residual amount pre-determined at the beginning of the lease.
- Customer responsible for Residual at lease end.
- Residual can be rolled into a Loan (on approved credit) and/or paid with
**Final terms are based on approved credit, collateral, and down payment options.
- Length (new equipment): 12–72 months
- Finance Rate: Fixed
- 100% financing: Available to qualified customers
- Purchase Option Alternatives: Can purchase at the end of the lease term.
- Tax Benefits: 100% write off of payments