Q. Why should I lease my equipment instead of borrowing or paying for it outright?
A. Leasing provides the flexibility to tailor your payments to the needs of you business. If you business is seasonal, you can pay only when your equipment is making you money. Also it has no impact on your line of credit.
Q. How long does it take to get approved?
A. Usually the same day.
Q. Do I own the equipment at the end?
A. Yes you do. Usually there is a $10 buyout at the end.
Q. How long does it take to get the funding?
A. Usually the next day.
Q. Is Shaw Bros. providing the lease?
A. No, we use third party companies that specialize in the equipment leasing.
Q. What terms are available?
A. 2 to 5 years.