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INSTRUCTIONS
Use AmeriCalc to determine your approximate monthly payment on the equipment you are acquiring. Remember your actual monthly payment is subject to credit approval and may be higher or lower than what is displayed.
1. Enter the Equipment Cost. Value must be between $5,000
and $500,000.
2. Select the end-of-lease
Buyout Option you
are considering. You
can choose either a $1.00 Buy Out at the
end of the lease, a 10% Buy Out or a Fair
Market Value Buy Out.
3. Click Calculate. AmeriCalc automatically computes your monthly payment and annual lease rate (ALR) for a lease term of one to five years.
The monthly payments calculated are estimates
and may vary depending upon market conditions. Payments do not include
applicable taxes and fees. Any offer is subject to credit approval
and final approved documentation.
*
A lease is a rental agreement with a purchase option at the end;
it is not an amortized note and hence does not have an annual interest
rate (APR), instead it has an annual lease rate (ALR), which is similar
to a simple interest rate expressed annually.
Contact an American Leasing Capital Consultant
at (800) 235-1378 for further assistance.
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AMERICAN
LEASING CAPITAL
4944 Cass Street, Suite 802
San Diego, CA 92109
(800) 235-1378 Toll Free
(858) 581-6000 Local
(858) 581-0600 Fax
E-mail:
info@americanleasingcapital.com
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