Leasing
- FAQ
The
following are some of our most frequently asked questions. Please do not
hesitate to contact one of our Account Executives at (949) 498-0349 with any
further questions that you may have, or you can e-mail us at
sales@delaco.com and we will get back to you ASAP. Thank you and we hope to
answer all your leasing questions!
Q: What types of equipment can be leased?
A: Just about any type of capital equipment for use in your business.
(Please see our equipment page)
Q: Does only new equipment qualify to be leased?
A: No, we can structure leases for new and used equipment.
Q: Can De La Corporation finance Software and Other Soft Costs (i.e.,
Installation, Maintenance, Training, etc.)?
A: Yes, we can structure Software Only transactions and also include soft
costs in your lease schedule.
Q: Who provides the insurance coverage on the leased equipment?
A: This is the responsibility of the lessee (company undertaking the
lease). De La Corporation also offers insurance coverage as an additional option
to our customers.
Q: Over how many years can I lease the equipment?
A: Most leases are structured for 24, 36, 48 or 60 months, depending on
the type of equipment to be leased. On some transactions we can offer up to 84
months.
Q: How often are payments made towards the lease?
A: Payments are structured to meet your needs. They can be made monthly
or seasonally, depending on your business cash flow and requirements.
Q: What end of lease purchase options is available?
A: There are three standard options:
(1) $1.00 Buyout; (2) Fixed Buyout (a buyout is determined before the documents
are executed);
(3) Fair Market Value (FMV), the buyout is determined by the equipments "fair
market value" at the end of the lease term
Q: Do you have equipment that you can lease to us?
A: Yes.