Finance Options

SELECT THE FINANCING RIGHT FOR YOUR PROJECT

PURCHASE

• A sale transaction which a customer purchases the asset for a fixed amount.
• Modular Genius offers a buy back option on some types of modular buildings.

FINANCE LEASE

• At the end of a fixed lease term the customer can acquire the modular building for a $1 Buy Out purchase option.
• 100% financing of the asset allowing the customer to complete the investment without capital outlay.
• The ownership of the modular building transfers to the leasee at the end of the term.
• Modular Genius offers a buy back on some types of modular buildings.

OPERATING LEASE

• A lease that has the characteristics of a usage agreement and is not required to be shown on the balance sheet of the lessee.
• A leasor "customer" makes rental payments for a fixed term, during which no equity accrues on the asset.
• At the end of the lease term: The customer may renew the lease, return the modular building or it can be purchased at future fair market value.

MUNICIPAL LEASE PURCHASE

• This lease if for Government agencys.
• The intent of the lessee is to purchase and take title to the equipment.
• The financing is a full payout contract with no significant residual or balloon payments at the end of the lease term.
• The lease payments include the return of principal and interest, with the interest being exempt from income taxation.
• Typically, a tax-exempt interest transaction will be financed at interest rates lower than equivalent commercial financing.
• The Municipal Lease provides for termination for non-appropriation of funds by the Government Agency