| Leasing
Programs |
| » Supply Lease
Program: |
| US
Capital’s strategic partner, Sysix Technologies,
LLC, is an established solutions provider of products
such as IBM, Sun, EMC, Oracle and consulting services.
Because of this relationship, unique terms can be passed
through to the customer within the leasing agreement.
These programs are subject to the individual limitations
that are placed on them through the participating vendors
and manufacturers. |
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| » Purchase Lease
Back (PLB) of New or Used Product |
| A
PLB lease transaction is where the Company works with
the customer in a financing capacity only. The customer
typically selects and negotiates the purchase price
from the vendor, and then assigns the purchase order
to US Capital. |
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| » Technology
Buyback Agreement |
| Provided
that the Company provides replacement equipment, we
can enter into a Technology Buyback Agreement ("TBA").
Under the terms of the TBA, US Capital will buy any
technology you own at set times and at pre-determined
prices. This option is available to you even if your
equipment is not leased through the Company, and you
will not incur the costs of disposal and do not need
to allocate resources to the disposal of used IT equipment.
As a full-service leasing and remarketing company, US
Capital has the ability to resell used equipment to
its network of buyers. |
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| » Sale/Lease
Backs of Used Equipment |
| A
sale/lease back is where the customer currently owns
the equipment that they would like to lease. US Capital
purchases the equipment from the customer and leases
it back to them. US Capital can also buy out a current
lease between the customer and another leasing company. |
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| » Selling Used
Equipment |
| The
Company has the ability and resources to purchase old
and/or current equipment from a customer, regardless
of whether US Capital is providing the replacement equipment. |
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| » Purchasing
Used Equipment/End of Lease Sale |
| A
customer may choose to buy used equipment from US Capital
either at the beginning of a transaction or at the end
of a current lease. Prices for used equipment purchases
will be set based on fair market value and subject to
the rules and regulations of a standard purchase agreement. |
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| » Leasing with
a Purchase Option |
| The
difference between leasing with a purchase option and
a standard lease is that the customer will have a bargain
purchase option at the end of the lease term, generally
lower than market value of the used equipment. Additionally,
a customer may request a clause in the lease schedule
that conveys all licensing rights relative to the included
software to the customer at the end of the minimum lease
term. |
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| » Lease Renewals |
| A
customer may renew a lease by contacting the Company.
A new payment schedule will be evaluated and reviewed,
and the renewal will specify any changes that are made
– change in payment, length of renewal, etc. |
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| » Lease Upgrades |
| Upgrades
are an important part of the leasing process as it is
your protection against equipment obsolescence. At the
end of a customer's lease, they can choose to either
renew their lease with the equipment they currently
have or update their equipment to the most recent version.
US Capital will remove the current equipment and replace
it with the update with little or no increase to the
customer's monthly payments. |
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| » Early Termination |
| If
a customer would like to terminate a lease prior to
the expiration of the minimum term, US Capital will
provide an Early Return Credit (ERC). The ERC will provide
the customer with the cost of terminating their contract
earlier than expected. It is based on the fair market
value of the equipment that falls under the lease. |
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| » Consulting
Services |
| US
Capital can lease services provided by it partners,
a Solutions Consortium member, or other consulting entities.
Financing of services is determined by the amount of
service to be provided, the customer and the term of
lease. |
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| » Remarketed/Used
Equipment |
| US
Capital has access to used, remarketed, consigned, demonstration
and/or promotional products. If you are interested in
purchasing this type of equipment, or have products
that you would like to sell. |
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