Purchasing and Leasing Options

Direct Purchase

We have the ability to invoice your organization with a referenced project order number and create a contract with payment terms of Net 30.

Financing & Leasing Options

We can offer you a lease to purchase where payments are spread over time.

Option 1:

FMV (Full Market Value) Lease: Customer has the option to return the equipment, extend the lease, or purchase for FMV at the end of the lease term. Payments are lower than a $1 buyout lease. Helps the customer stay on a regular refresh cycle by returning old and leasing new equipment. Customer can achieve tax benefits by deducting lease payments as an operating expense.

Option 2:

$1 Buyout Lease: Customer owns the equipment for $1 at the end of the lease term. Payments are higher than a Fair Market Value (FMV) lease. Customer records the capital lease on balance sheet as an asset and a liability.

Rental

HiTechRep also works with ElectroRent Corporation, a rental company that can rent any type of equipment that is offered through HiTechRep.

Please contact us and let us know your preferred method to acquire equipment.