Who can lease?
Corporations, Proprietorships, LLC’s, Partnerships, Other Business Entities, Non-profit Organizations, and Associations all benefit from leasing. We finance companies in the United States, Canada, and Puerto Rico.
What equipment can I lease?
Tangible personal property greater than $10,000.
Do you finance software? Or Websites?
Yes, we do.
How long does it take to be approved?
Assuming all necessary information is provided, usually within 4 to 8 hours (Mon-Fri).
What if my financial profile is especially strong?
Companies with strong credit always qualify for preferred rates. To qualify for our lowest cost programs you will only need to provide us a complete financial package.
What if my company or personal credit is not so strong?
Call us toll-free to speak with one of our knowledgeable representatives. We cannot help everyone but we try. It never hurts to get a second opinion.
How do I know I will get the best price on the equipment that I want?
The lessee has the ability to negotiate the best price. Madison Capital can assist in the negotiation process.
Who is responsible for insuring the leased equipment?
The lessee is responsible for insurance; however, coverage can be included with your lease for a nominal fee.
What are my options at the end of lease?
Options available include purchasing the equipment. Usually for $1.00, or 10% or the Fair Market Value (FMV), whichever was agreed to in the Lease Agreement.
What if the equipment I receive has problems?
You will be contacted upon receipt of your equipment to ensure you have received what was ordered. After the initial receipt of the equipment, the vendor will troubleshoot problems and/or replace equipment as defined in the warranty. You will receive the benefits of all “buyer” warranties and are responsible for maintenance.