There are two basic equipment leasing programs; one is for small-ticket leasing which is for equipment costs up to $30,000 and big-ticket leasing for $30,000 and up.

In addition to the raw equipment cost, "soft-costs" are also allowed to be included in the lease. Soft Costs include and are not limited to installation, training, the initial warranty extension and even shipping and tax!

There are traditional "Lease to Own" lease types. These leases provide a combination of lower, fixed monthly payments with a guarantee to purchase the equipment at the termination of the lease for $1.00. The four types are called "$1 Buyout", Capital Lease, Finance Lease or Bargain Purchase Lease. Typical lease terms are two to five years, usually somewhat less than the useful life of the equipment. Nearly always this term is longer than a normal loan period from a borrowing source, resulting in lower monthly payments.

Lease payments are often treated as fully deductible expenses. This may mean a more rapid write off to you. Because the lease tem is generally shorter than the depreciable life, payments can be expensed in a shorter duration. There is never a problem leasing used equipment, except computers and copiers.