WHAT IS THE LEASE & HOW DOES IT WORK?
A lease is a contract in which the owner of an asset (the lessor) grants use of the asset to another party (the lessee) for a specific period of time at a predetermined monthly rate. Almost any type of equipment can be least. You select the equipment needed by working with vendors or manufacturers, to establish your cost for the equipment.
Contact Key Commercial Corp. and together we will determine the best options to acquire the equipment. You may at least one piece of equipment or many pieces with a single lease.
By signing a lease, you assign its purchase rights to the lessor, who then buys the equipment as specified by you. When the equipment is delivered, you will make sure it meets all of the specifications and sign a formal acceptance.
The lessor pays for the equipment, and the lease is placed in effect.
NO $$ DOWN
We Work With
And Small to Medium Sized Companies
- Seasonal Payment Programs Available
- Conserve Your Working Capital
- Programs Offer Longer Terms for Older Equipment
WHAT HAPPENS AT THE END OF THE LEASE?
Your needs will determine what happens at the end of the lease. Multiple options are available and include:
- returning the equipment to the lessor
- purchasing the equipment at a fair market or by our value city
- renewing the lease