General Questions To Ask: 

• Does the lease company specialize in Audio/Video, IT and other High-Tech equipment ?

        If lender doesn’t understand the equipment and industry, chances are greater they won’t approve the application

• Are leases being sold to a third party?
• Can they guarantee the purchase option?
• Can they guarantee the equipment can be traded in anytime?
• Can you call the same lease rep. for service after the paperwork is sold?
• Is the lender a broker or Direct Lender ?

Brokers "shop" the lease and may cause credit damage which can ruin the chances for approval

Most Important Financial Questions:

• Does the lease company  "Discount" the remaining payments?

        If they do not discount payments, it could cost your customer thousands!

• Do they allow Trade In and/or Upgrades?
• You need to be able to replace (trade in) and/or add equipment to your lease - at any time

        Trade In or upgrade - and - keep the same monthly payment if desired (some restrictions apply)

Purchase option: 

• Make sure the Purchase Option is in writing. It should not exceed 10%

        A Fair Market Value (FMV) Purchase Option can be 20% - 30% or more!  Get it in writing!

Rates / Programs: 

• Does lender have multiple rates tailored to the strength of the business?
• Does lender offer no payment or low payments for the first 1—12 months?
• Does lender approve School, Church, Start-Up, Government and other hard to do leases?