Fair Market Value or TRUE Lease
Altec Capital Services, LLC offers a variety of lease options
that help to improve your cash flow and increase your overall
profitability. With the FMV Lease, Altec Capital Services, LLC
is able to minimize the cost of leasing equipment while at the
same time maximize the utilization of your fleet.
The benefits to you include:
- Finance terms to match the useful life of the equipment
- Off-balance sheet financing
- Conserves working capital
- Eliminates residual risk and used asset disposal efforts
- Fixed cost of owning Altec equipment
- Access to technological and safety advances
This lease is designed to provide our customers with a predictable cost of acquiring and disposing of equipment. The cost of the vehicle is fixed except for those costs associated with maintenance, fuel, and insurance. The FMV Lease is written with the intention of the client returning the equipment to Altec Capital Services at the end of the term. With a FMV Lease, you have incurred no residual risk at the end of the equipment’s useful life. Other options at the end of the lease term include a purchase of the vehicle for its fair market value or extend the term of the lease. The FMV Lease avoids high maintenance costs and expensive downtime by adjusting the equipment lifecycle to its most efficient term.
The Fair Market Value Lease is another product that Altec Capital Services, LLC offers to our customers in an effort to become your Asset Management Partner.
For more information on the FMV Lease or any of our other products
and services, please contact us toll free at 866-624-4093.