Grow your Business & save money by leasing!
The price you'll see on our listings is a sample payment for a 36-month full-payout lease. For eligible customers, subject to credit approval and final acceptance by independent leasing company. Other leasing terms available.
Now it's easy and affordable to acquire the products you need without depleting your cash or borrowing from the bank. By taking advantage of equipment leasing (minimum purchase $5,000), you have a cost-effective way to obtain new pro photo, video, audio, computer, and post-production equipment at a price you can afford. Leasing is available only for commercial, professional, and not-for-profit organizations — retail customers or month-to-month rentals are not eligible. Transactions are originated through independent lessors. The leasing option is one more reason Spectrum Audio is your first choice.
Who is eligibility for Leasing?
- You must be a commercial, corporate or professional customer, or a government, educational or non-profit organization (hobbyists, students or consumers are not eligible).
- Start-up businesses are now eligible for financing, subject to credit approval.
- Your purchase must be at least $5,000, and you must be willing to enter into a non-cancelable lease for a minimum of 2 years (month-to-month rentals are not eligible).
- You may be located either in the US or Canada, and must have an IRS or CRA tax identification number (please note, approval standards for Canadian businesses are more rigorous than US businesses.)
What Types of Leases are offered?
- $1.00 Buy Out - At the end of the lease term, lessee may purchase the equipment for $1.00.
- 10% Purchase - At the end of the lease term, lessee will purchase the equipment for 10% of the original cost of equipment.
- FMV( Fair Market Value) - At the end of the lease term, lessee may:
1) Purchase the equipment for the Fair Market Value
2) Renew the lease for the Fair Rental Value or
3) Return the equipment to Lessor.
Terms: Financing is for equipment that is to be used for business purposes, and is calculated using a two (2) payment advance: First and Last Payment, which is applied to the lease. Quoted payments do not include Taxes or Insurance. Quotes are subject to credit approval and may change without notice. Quotes are based on approved credit. Terms for startup companies may be structured differently depending on industry and strength of Lessee.