Fair Market Value (FMV) Lease
An FMV lease offers the lowest monthly payment, is the most flexible lease structure, and may allow you to obtain tax advantages. Technically, you don’t own the equipment (think of it like renting over a fixed period of time). The equipment may not be considered an asset on your balance sheet. Depending upon your situation, up to 100% of the finance expense may be tax deductible. This treatment can improve finance ratios such as return on assets.
At the end of the lease term, you may purchase the equipment, return the equipment to us, or continue to pay for use of the equipment according to the terms of the original agreement. The FMV purchase price may depend upon many factors such as how quickly new technologies have advanced, the price for those new capabilities, the condition and usage levels of the leased equipment, and the used equipment market demand.
FMV Lease Summary
- Little or no upfront cost
- Low monthly payments
- 100% financing may be available, including software and services
- Moves the burden of technology obsolescence to us
- Can return the equipment at the end of lease without further obligation
- Avoids the hassle of complying with e-waste disposal regulations
- May have significant tax and accounting benefits*
Short-term IT Hardware Rental Services
Looking for a short-term IT Hardware requirement, or any immediate need for IT hardware with a limited budget?
We are a unique destination for multi-brand equipment rental and leasing options.
For more information contact our IT Equipment Rental Representative.