- Two‐payment security deposit
- Monthly payments thereafter
- Deposit may be surrendered to own the equipment at end of term
- Rate: multiplied by total cost to calculate monthly payment
- No application fee
- No documentation fee
Term | Rate |
---|---|
24 Months | .0496 |
36 Months | .0354 |
48 Months | .0286 |
60 Months | .0248 |
3‐Year Example
$10,000 X .0354 = $354.00 / mo.
Deposit up front: $708.00. 34 remaining payments. Deposit may be surrendered as full payment for the equipment. Start to finish, 36 total payments.