Lease Financing
( For USA Only)
Shine Mark Systems has established a relationship with a lease financing company.
If your financial situation is better suited for lease financing-we can discuss this option further with you
Why consider leasing?
Lower initial money invested conserving capital
Monthly payments
Fixed interest rate and payments
Potentially better tax write off
Qualifications
Typically need 2 years of business history
If individual or new company - will need an average credit beacon score of 675 or greater
Doc fee required along with first and last month payments (security deposit may be required)
Minimum investment of 2 Shine Mark Systems units purchased
* Lease financing is a contract like a home mortgage or car loan. If you default is may have a negative impact on your credit
*Lease financing typically does not allow early payoff. You will probably still pay 100% of the finance charges and payments due
Calculations
You can easily calculate your monthly payments if you choose lease financing. Simply take the amount of capital to be financed and multiply it by the following factors: 36 month lease- .03533, 48 month lease-.02803, 60 month lease-.02386
Example- $12000 total to finance, your lease for 60 months would be .02386 X $12000 = $286.32 per month for 60 months
*Financing rates and the previous money factors are subject to change depending on the interest rate markets and credit worthiness of applicant