Number of Payments
Plan Description: Two Payment Security Deposit Up Front (Deposit Applied as First & Last Payment)
Plan Description: Payments are calculated by dividing the equipment cost by twelve. The customer will pay a one payment deposit up-front, then twelve regular lease payments. At the end of the lease, the customer has the option to surrender the deposit to own the equipment. This plan offers a lease stream with no interest. The only charge to the customer for this one-year plan will be if the deposit is surrendered to own the equipment.
Note: The deposit may be surrendered as full payment for the equipment. For example, since the deposit is applied as the first and last payment, only (36) payments are required to own the equipment on a thirty-six month lease.