Equipment Leasing FAQs

All monthly lease payments are paid via ACH from the customer's account.

The debit includes the basic lease payment, sales/use tax, and in some cases, an equipment loss and damage waiver.

Call us with your equipment and we will go to work for you to get you leasing right away.

They simply call our offices and request a copy.

The lease is non-cancelable for the term of the lease. If the lessee wants to terminate the lease, they can either buy out the lease and the equipment, buy out the lease and return the equipment, or transfer the equipment to a new lease upon approval from ExecuTech Lease Group.

Upon approval of transfer by ExecuTech Lease Group, the lease can be transferred.

The owner of the equipment depends on the lease program. With the Standard Fair Market Value (FMV) lease program, the customer has the choice of returning the equipment to ExecuTech Lease Group, continue to rent the equipment, or purchase the equipment for fair market value. With the Dollar ATM/POS Buy-Out Option, the customer has the option to buy out the equipment for $1.00.

The lessee would contact the equipment manufacturer if under service contract or warranty. Otherwise, the lessee would contact the ISO/Vendor.