Q: What is a lease?
A: A lease is a rental agreement for specific period of time between the lessee, "buyer" & the lessor, "leasing company".

Q: What are the advantages to leasing versus bank
financing?
A: Financing through the bank effectively reduces your line of credit with that bank. Leasing offers
100% financing of the equipment cost, where most banks require 20-25% down payment.

Q: What credit information is necessary?
A: Generally, leases only need our 1 page application completed and sent to our office. For leases above $150,000.00 additional information may be necessary.

Q: How long does it take to get approved?
A: most decisions are made within 24 hours. Depending on the credit and the size of the transaction, the process may take longer.

Q: What are the initial costs of a lease?
A: In most cases the first & last payments are made upon signing the lease documents.

Q: What kind of lease programs does quail leasing offer?
A: We can structure a loan with a term from 12 up to 84 months. We can provide purchase options from $1.00 up to 30% of the equipment cost.