1. What is the leasing process?
2. What is the advance payment on a lease?
3. When do the lease payments begin?
4. Do the lease payments increase over time?
5. Is there a penalty for paying off the lease early?
6. Can I finance software and other "soft" costs such as delivery, installation, or service contracts with a lease?
7. What type of equipment can I finance? Does the equipment have to be new?
8. Do you have examples of the kinds of eqipment I can lease?

Answers

1. What is the leasing process?
   
   Once the one-page credit application is filled out, the PCC team begins processing the application to review credit information. Upon approval, a proposal is sent to the business contact and then lease documents with appropriate terms are sent for signature. From there, a purchase order is submitted to the equipment vendor. At the time of delivery to the business, the equipment is paid for by PCC and the lease commences. [Back to the top]
    
2. What is the advance payment on a lease?
   
   The advance payment on a lease is typically the first and last monthly payments. The advance payment is applied to your total lease payments and will also include a documentation fee. Usually the advance payment for new businesses will be the first and last three monthly lease payments. [Back to the top]
    
3. When do the lease payments begin?
   
   The payments will begin roughly 30 days after you receive your equipment. [Back to the top]
    
4. Do the lease payments increase over time?
   
   No. A lease payment is fixed at the beginning of the term, which will allow for easier budgeting and cash flow planning. [Back to the top]
    
5. Is there a penalty for paying off the lease early?
   
   No. There are no extra fees or penalties for paying off the lease early. Simply pay the total of the remaining payments on the lease. [Back to the top]
    
6. Can I finance software and other "soft" costs such as delivery, installation, or service contracts with a lease?
   
   PCC can actually finance 100% software-only leases if needed. Also, our standard leases will include all of your "soft" costs associated with the equipment. Such costs include installation, delivery, service, training, and other related peripherals. [Back to the top]
    
7. What type of equipment can I finance? Does the equipment have to be new?
   
   PCC will finance most of the items your business needs! If you are looking at used equipment, it's no problem! We provide lease financing for used and/or new equipment. We will even buy back any equipment that was recently purchased and lease it back to you to free up your cash flow! [Back to the top]
    
8. Do you have examples of the kinds of eqipment I can lease?
   
   Leasing programs are available for many of the assets your business requires, such as:
• Point of Sale (POS) Systems
• Restaurant / Kitchen Equipment
• Club / Bar Equipment
• Furniture, Fixtures and Equipment (F,F&E)
• Lighting
• Signage
• Music / Sound Equipment
• Televisions
• Medical Technology
• Wireless Internet Service
• Office Equipment and Furniture
• Security Equipment / Digital Video Recorders
• Telecommunications
• Scanners
• RFID
• Computer Equipment
• Information Technology including Voice & Data
• Network/Enterprise Hardware
• Servers/Desktops/Laptops with related Peripherals
• 100% Software
• Many More!
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