Looking for a good leasing company

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  • ReproKev
    Trusted Tech

    250+ Posts
    • Feb 2009
    • 271

    #1

    Looking for a good leasing company

    I'm a one-man (at the moment) copier business that sells and rents lease-end Canon copiers that I buy from a local wholesaler. I'm looking for a good leasing company so I can offer my customers that option as well. I occasionally have a customer that doesn't have the funds available and/or doesn't want the click charges associated with a rental. Any good leasing company's out there that won't rake my customer's over the coals and preferably has a $1 buyout option at lease end?
  • scanmc
    Trusted Tech

    Site Contributor
    100+ Posts
    • Mar 2015
    • 177

    #2
    I've been using Leaf for many years on new units ( not sure on used equipment) Getting approved depends on the company or person credit wothiness. I do remember a few companies that will take higher risk people obviously at a higher rate . Maybe some of the other tech have some insight on those

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    • ReproKev
      Trusted Tech

      250+ Posts
      • Feb 2009
      • 271

      #3
      Originally posted by scanmc
      I've been using Leaf for many years on new units ( not sure on used equipment) Getting approved depends on the company or person credit wothiness. I do remember a few companies that will take higher risk people obviously at a higher rate . Maybe some of the other tech have some insight on those
      Thanks. I'll check out Leaf.

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      • tomcatt
        Technician

        50+ Posts
        • Jul 2010
        • 90

        #4
        I have used Great America Leasing for many years now with new and used machines.

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        • ReproKev
          Trusted Tech

          250+ Posts
          • Feb 2009
          • 271

          #5
          Originally posted by tomcatt
          I have used Great America Leasing for many years now with new and used machines.
          I'll check them out as well. Thanks.

          Comment

          • Mako
            Technician
            • Jan 2025
            • 14

            #6
            Originally posted by scanmc
            I've been using Leaf for many years on new units ( not sure on used equipment) Getting approved depends on the company or person credit wothiness. I do remember a few companies that will take higher risk people obviously at a higher rate . Maybe some of the other tech have some insight on those
            Leaf is really aggressive right now.........at least trying to get us to send them business. The rates are good. Local returns. Regarding used equipment they allow up to 75% of the equipment's original MSRP so there is plenty of room to make money.
            That being said, I do the vast majority of my business through US Bank primarily because most of my business is repeat business and its easier to stay with the incumbent leasing company rather than change them to another.

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