LRI - Funding the Future of your Business.
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Lease Types

We offer several types of leases:

$1.00 Buyout Lease - Our $1 Purchase Option lease allows you to purchase the equipment at the end of the lease for the nominal charge of $1.

10% Purchase Option Lease - Allows you to purchase the equipment at the end of the term for 10% of the original cost of the equipment, extend the term of the lease or return the equipment to the Lessor.

Fair Market Value or "FMV” Lease - Provides the lowest monthly payment. When the term of the lease is completed, you can purchase the equipment for the fair market value, return the equipment to the lessor or extend the lease term. The purchase option is based on the Fair market Value of the equipment at the end of the lease.

Operating Leases - If equipment purchases are needed to be financed using “off-balance sheet” criteria, we can structure the transaction in order to conform to Financial Accounting Standards Board and Internal Revenue Service criteria.

Contact us to discuss lease types as they relate to your specific financial needs or Apply Online today!

 
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