Test Equipment Depot Leasing Information

Here at Test Equipment Depot we offer leasing options to fit within your budget requirements with many different financing options available. Leasing your equipment is a great way to use the latest technology and guard against obsolescence. We can structure a lease specific to your company's needs.

We offer Lease to Own: Acquisition leases are available for customers who would like a financing vehicle for equipment they wish to own. Terms for these leases are also from 1 to 5 years. The buyout for these leases can be a fixed residual determined at the beginning of the contract or a low as one dollar with higher monthly payments during the term.

Get the test equipment you need for as low as $20 down! Minimum of $2000 required to be able to apply.

Step 1: Fill out a Leasing Application Online.
Step 2: Financing Documents will be emailed to you
Step 3: Sign documents and we will have them picked up from your facility

You're done! After approval we will then ship your equipment!

Advantages of Leasing:

Not sure about the how leasing process works? Well here are a few reasons why leasing can be a benefit to you.

Free up Working Capital:

Instead of exhausting cash accounts on fixed assets, you are free to use your capital for other income producing expenses. Leasing will improve cash flow by enabling increased productivity while keeping your funds liquid. Unlike other forms of financing, leasing does not require a large down payment.

Protect Your Line of Credit:

Lease payments have no impact on your bank credit lines. Leasing does not show up as a liability on your balance sheet, thus preserving borrowing power for other business needs - inventory, payroll etc.

Eliminate Obsolescence:

Lease new up-to-date equipment and maintain a competitive edge.

Gain Tax Advantages:

As a business expense, lease payments are 100% tax deductible as opposed to only depreciation and interest deductions for bank financed equipment, resulting in a full write-off over the term of the lease.

Lower Monthly Payments:

Allow you to acquire additional equipment when you lease because lease payments may come out of several budget years