How does Rent To Own work?

• The facility decides what equipment is needed and a Rental payment is determined.
• The facility must Rent the equipment for three to six months and has up to 36 months to purchase the equipment.
• After the required Rental Period the equipment may be purchased at anytime with 50% of the Rental Payments made appplied as equity to the purchase price.
• Example: Equipment Cost $20,000.00 = Rental Payment of $720.00. Facility pays six Rental Payments for a total of $4,320.00. The payoff for the agreement would be: $20,000.00 - $2,160.00= $17,840.00 (plus applicable sales tax).

Benefit:

• Allows facility to rent equipment that is needed today without waiting on a new Capital Budget.
• Locks in the Equipment Cost to protect against future price increases.
• Service agreements can be bundled into the Rental Payment.
• Low interest rate on Rental Payment.