How Much?

The minimum lease amount is $1,000 and the maximum will depend on the applicant's assessed credit standing and ability to pay. Terms are typically 24 or 36 months for most types of business technology with longer terms of 48 and 60 months available for some asset types. The maximum term of a lease is required to be no more than 75% of the defined life of the equipment. Hence for computers with a defined life is 4 years, the max lease term is 36 months.