Leasing/Financing FAQ

1. What is the difference between leasing and financing?  Essentially there is no difference.  The leasing company technically owns the equipment until you complete the lease.

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2. Can I lease pre-owned equipment?  Absolutely as long as the amount to be financed is at least $2,000.00.

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3. How much money do I need to pay upfront or put down on the lease?  The leasing companies have different rates depending on how much they require as a down payment.  Usually you have options of no money down, one payment down, or two payments down.

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4. Can I pay off the lease early?  Absolutely, you can request a buyout and pay off your balance any time you would like.

Copyright © 2005  Stenotech, Inc. All rights reserved.
Revised: 08/04/08.