• Leasing with Dimension Funding
• How It Works
• Why You Should Lease Equipment
• Types of Leases
• FAQ

Leasing with Dimension Funding

Instead of paying cash, why not let the equipment pay for itself?  By leasing your equipment through Dimension Funding, you can get the equipment you want without hurting your cash flow and make payments that can be tax deductible.  Dimension Funding offers low, monthly rentals over a long term payment schedule which means the payments are made from the profits the equipment earns.  We can structure the lease any way to fit your company’s needs.

How It Works

1. Print out the Dimension Funding credit application or apply online.
2. After completion, please submit online, or fax back to Dimension Funding at 949-250-8042, along with your equipment quotation(s) (if available).  You will be contacted immediately to confirm receipt.
3. You will receive a proposal detailing the terms & conditions of your lease.
4. Upon lease approval, formal documents will be sent via e-mail or overnight mail for your signature.
5. Upon receipt of executed lease documents, purchase order(s) will be issued to the equipment vendor(s) to authorize delivery of your equipment.
6. After your equipment has been delivered, Dimension Funding will contact you to confirm receipt, at which point the vendor(s) will be paid and your lease will commence.

Why You Should Lease Equipment

• Leasing Overcomes Budget Limitations - Leasing frees you of buget ceilings.  Low monthly payments let you hold expenditures within budget limits.
• Leasing Minimizes Obsolescence - Ownership and depreciation of equipment encourages its use beyond its productive life.  At the expiration of a lease, you have the opportunity to replace worn or obsolete equipment.
• Leasing Conserves Cash - Since a lease does not require a down payment, it is equivalent to 100% financing.  Unlike many other types of financing, a lease does not require compensating bank balances.
• Leasing Improves Cash Flow - Eliminating the down payment and creating a pre-tax write-off of lease payments creates cash flow and possible tax advantages.  Also, lease terms are usually longer than direct financing which means flexibility for the end user.
• Leasing Fights Inflation - Leasing costs remain the same over the life of the lease agreement, no matter how much prices and interest rates rise.  A lease lets you use the extended term to pay for today's needs with tomorrow's dollars.
• Leasing Simplifies Expansion - You never have to worry about selling old equipment.  When the lease has ended we can help you arrange to trade in your equipment and lease newer, more modern equipment.

Types of Leases

Fair Market Value

• Provides lowest possible payments
• Allows you to deduct 100% of the payment from your taxable income
• Gives you the option of purchasing the equipment at the end of the term at fair market value or returning the equipment (There is no obligation to purchase the equipment at the end of the term)
• Offers the best option if you plan to use the equipment or software for 3 years or less

10% Purchase Option

• Provides lower payments than the $1 buyout option
• Allows you to deduct 100% of the payment from your taxable income in most cases
• Gives you the option of purchasing the equipment for 10% of the original funding amount or returning the equipment (There is no obligation to purchase the equipment at the end of the term)
• Offers end of lease flexibility and a pre-determined purchase price

$1 or $101 Purchase Option

• Transfers ownership of the equipment to you at the end of the lease term
• Requires the lease payments to be deducted as a capital expense
• Protects cash reserves by simplifying budgeting with fixed monthly payments
• Offers best option if you plan to use the equipment for more than 5 years

FAQ

How can leasing save my business money?

• Leasing lowers your total cost of ownership. You pay for the equipment only over the term of the lease, NOT over the full life of the equipment. Since lease terms are usually matched with maintenance contracts, you can avoid being stuck with equipment that needs to be repaired or upgraded. Leasing offers fixed, low monthly payments. This allows you to preserve your lines of credit and maintain your cash reserves. No security deposit; no payments for 30 days.

How do I qualify for a lease at Dimension Funding, LLC?

In most cases we only require the following information to process our lease application:

• Legal company name
• Address
• Phone and fax number
• Number of years in business

Should your company meet our credit standards, we can proceed with your lease. In some cases, this preliminary application will not provide sufficient information to make a credit decision. In those cases the following information is required:

• Name of Owner
• Principal and/or primary shareholder of the company
• Social security number of the above person
• Home address of the above person

How much will my lease payment be?

The purchase option that you choose and the total cost of the equipment that you are going to lease will affect how much your lease payments will be. You can get and ESTIMATE of your monthly payment, before applicable taxes and fees, from our lease calculator.

Apply now, or call one of our representatives at (800) 755-0585 to receive a written quote.

When do my lease payments start?

Your payments start 30 days after you receive your equipment. Be sure to ask us about our deferred payment, step payment, and no down payment plans! These plans help you begin earning revenue before you start to make your lease payments.

Are there tax benefits associated with leasing?

In many cases, lease payments are tax deductible. Contact your tax advisor for more details.

Do I have to provide insurance for the equipment that I lease?

Yes, insurance is a requirement on all leased equipment. You should arrange for insurance in the same way that you would if you owned the equipment.

What is the interest rate on my lease?

Like leasing an apartment or office space, there is no interest rate on an equipment lease. Your monthly payment is determined by a lease factor. The lease factor is multiplied by your equipment cost to determine your monthly payment.

When do I have to provide financial statements?

Financial Statements are only required in the following circumstances:

• When the amount that you are leasing is over $150K.
• When there is insufficient information about your financial strength on a credit report.
• When you are seeking the lowest payment structure available for any dollar amount over $50K.

Can I move leased equipment from one location to the other?

Yes, in many cases the leased equipment can be moved. Notify Dimension Funding in advance for location approval. Also, keep in mind that certain Federal laws restrict the movement of leased property outside of the USA.

Can I lease a portion of my order?

Yes, leases can be arranged for full orders, partial orders, or you may add on equipment ordered from other non-competing companies. Turnkey systems may be leased to include hardware, software, maintenance, shipping and installations.

When can I expect delivery of my equipment?

Upon receiving your completed lease documents, Dimension Funding LLC will place your order. Your order will be delivered to you under the terms agreed upon between you and your vendor.

How do I return the equipment at the end of my lease?

If you are not going to purchase the equipment at the end of your lease, please contact Dimension Funding, LLC to discuss delivery arrangements.

Can I terminate my lease early?

A lease is a non-cancelable contract though early termination options are available for most lease programs. Choose the shortest lease term possible if you think that you may want to terminate your contract early.