Capital Lease ($1.00 Buy-Out)

For most companies that intend to keep the equipment at the end of the lease, this is the best option. This plan allows you to buy the equipment at the end of the lease term for a nominal amount of $1.00. In essence, you are building "equity" in the equipment, so you can also sell the equipment at the end of the lease or trade it in for the latest technology. ( A nominal charge for processing the title transfer may also apply; this plan is not available in Florida , Arkansas , Nebraska or Texas .)

Operating Lease (True Lease)

For those worried about obsolescence, this plan offers the most options both during and at the end of the lease. In addition, this plan is particularly beneficial to those wanting to have both a small security deposit and a relatively low monthly payment. At the end of the lease term, the lessee has the option to extend the term of the lease, return the equipment, or buy it at its fair market value. SunBridge Leasing also offers financing for those wishing to buy the equipment at lease end. A True Lease allows the most cost to be deferred to the end of the lease, when a decision to retain or upgrade the equipment can be made.

10% Purchase Option Plan

This plan offers the lessee a fixed purchase option at the end of the lease. At lease end, the customer can extend the term of the lease, return the equipment or buy it at 10% of the original equipment cost.

Municipal Lease

This program is available to all city and state agencies such as public school districts, municipal hospitals, police and fire departments. Due to the tax exempt status of the Lessee, rates are much lower than standard commercial rates.

SUNBRIDGE'S FLEXIBLE LEASE STRUCTURES

Master Lease Line Of Credit:

A Master Lease Agreement allows for easy add-on lease schedules of equipment. Rather than resigning all of the lease documentation for each new acquisition, there is normally only a schedule for equipment and payments and then an acceptance certificate required for each schedule.

Deferred Payment

This program is attractive to companies in which the equipment will be used for a project that won't generate revenue for a short period of time, possibly 30, 60 or 90 days. The lease is structured so that the initial months have nominal or no payments.

Seasonal Payment

This lease is designed for those businesses with seasonal cash flows. We can design a lease where the payments might be lower during those months and higher during the rest of the year.

Step-up / Step-down payments

This can be structured so that lease payments can be set up to match a company's cash flow needs. Payments can start low and then increase during the later years of the lease, or payments can start high and then decrease, minimizing finance charges.

STEP 1: LEASE APPLICATION

You can complete our online application or simply fax a hard copy along with equipment Quote to your dedicated account representative to start the credit review process to secure an approval.

STEP 2: CREDIT REVIEW

Your dedicated account representative will work to obtain an approval for the transaction. Once a final credit decision is made we will notify you. This process usually takes about 3-4 hours.

STEP 3: DOCUMENTATION

Once a transaction has been approved. We will send out the documents and a list of items that we will need from you, in order to complete the lease transaction.

STEP 4: FUNDING

Once we've got signed documents from you and the equipment has been accepted we will issue funds for the purchase for the equipment.

STEP 5: BILLING

SunBridge begins billing you for the agreed upon lease payments.