Provident Capital Group

Lease Types

Provident Capital Group offers a complete range of financing products, including true leases, operating leases, master leases and lease lines-of-credit, to multi-national corporations, small and middle market companies, professional and service businesses, non-profit institutions and federal, state and local governmental entities.

Fair Market Value Purchase Option This lease is especially beneficial to those who want the tax benefits that leasing can provide along with the lowest monthly payments. This plan offers the most options at the end of the lease including return of the equipment to the lessor, purchase of the equipment for its then fair market value or the customer can opt to extend the lease or upgrade to new equipment.

10% Purchase Option This plan is particularly attractive to customers who are uncertain about purchasing the equipment at the end of the lease but want the advantage of a fixed purchase price and a lower monthly payment. Like a fair market value lease, this plan also offers various end-of-lease options.

$1.00 Purchase Option For those who are certain they want to purchase the equipment at the end of the lease term, this is the recommended plan. After all lease payments have been made, the customer can simply purchase the equipment for $1.00. This plan may not be available in certain states.

Want To Learn More?

Definitions to other leasing related terms are available in the leasing glossary:

Leasing Glossary

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5/9/2008