Capital Lease
Key Benefits
1- Pre-determined rental term
2- $1.00 buyout at end of term
3- Provides a budget-friendly way to acquire equipment
4- Simple documentation
5- Utilizes customer's capital budget
6- Provides customer with low monthly payments
Overview
The customer commits to a fixed term of rental payments. At the end of the lease term, the customer owns the equipment with a $1.00 buyout. There is no option to return this equipment. Rather, the purpose of this program is simply to finance the equipment over a specified term when cash is not available for immediate purchase. Completing a capital lease through Med One is simply a matter of signing a two-page proposal document and issuing a purchase order. Both the signed document and PO are then sent directly to Med One. This program is also known as Rent-to-Own or $1.00 Buyout Lease.
All options are completely customizable.