Operating Leases
Under an operating lease, the building or equipment is rented for a specific term and returned to the Lessor at the end of term. Ownership of the asset remains with the Lessor.
We provide operating leases, finance leases and municipal finance leases for our stock and most customized commercial modular buildings. Lease terms can range from 24 months up to 120 months depending on credit and other underlying risk factors. Payment structures can consist of equal monthly payments, equal payments with a balloon payment or a step payment structure.
Financing Leases
Under finance leases and municipal finance leases, the building or equipment is rented for a specific term. At the end of the term, the Lessee owns the asset.
Project funding size can range from $15,000 to over $5,000,000. Lease terms can range from 24 months up to 120 months depending on credit and other underlying risk factors. Payment structures can consist of equal monthly payments, equal payments with a balloon payment or a step payment structure.
Total amount to finance can be comprised of all modular building related costs, or building and site related cost.
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