Equipment Lease Calculator
You can use this lease calculator to estimate the monthly payment on an equipment lease. Adjust the amount of financing and the lease term to get an estimated monthly payment.
This equipment leasing calculator tool is provided for informational purposes only and is not intended to provide actual rates. This calculator does not assure the availability of or your eligibility for any specific financing solution offered by Team Financial Group. For accurate and personalized information about financing options and rates, please contact our commercial financing experts.
Amount Financed:
Term (Months):
Lease Proposal
Prepared for (Lessee):
Prepared by (Lessor):
Team Financial Group (TFG) and/or its assigns| EQUIPMENT: | See Schedule A (complete description required) | ||||||||||||
| LEASE STRUCTURE: | Payments are due monthly and are payable in advance | ||||||||||||
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| LEASE AMOUNT: | Figures are based on the amount quoted above and are subject to change as the final amount is determined. | ||||||||||||
| END OF LEASE: | At the end of the term, if the lease is current and all terms have been met, the Lessee may elect to purchase the equipment for the Option listed above. | ||||||||||||
| DOCUMENTATION AND FILING FEES: | The filing fee is quoted above and is due at the time of signing. | ||||||||||||
| NET LEASE PROVISIONS: | This lease will be a net lease wherein the Lessee will be responsible for all maintenance, insurance and taxes | ||||||||||||
| INSURANCE: | Prior to delivery, Lessee must submit to Lessor insurance coverage for physical loss and liability in the joint name of Lessee and Lessor. | ||||||||||||
| CREDIT APPROVAL CONDITIONS: | This proposal, including structure and pricing, is subject to lessee’s credit approval by lessor. | ||||||||||||
| ACCEPTANCE: | This proposal must be signed and returned via fax to lessor within 10 days | ||||||||||||
| Accepted: | Option:________ |
| Signature | Title |
| Print Name | Date |
Understanding Equipment Financing
Many businesses face cash flow concerns when they have to make a major equipment purchase. The cost of new equipment or equipment maintenance can take a bite out of working capital, but without equipment upgrades, businesses can’t stay competitive.
Commercial equipment financing solves this problem and lets businesses invest in their long-term success. Instead of having to pay the entire equipment cost up front, you can use financing solutions like loans, leases, and equipment financing agreements (EFAs) to acquire the equipment now and make smaller payments over time. With equipment financing, you can get the tools and assets your company needs without sacrificing cash flow.
Two of the most popular equipment lease options are the $1 buyout lease and the fair market value (FMV) lease.