Though Indoff does not directly provide the lease options, we have many fine financial companies who work very well with us and our clients to provide equipment leasing.  Whether you or your company has "A, B or C" credit or are perhaps a start-up business, we are most often able to help you lease your new shredder and any other equipment purchases you may with to include.

That's right!  You can include other purchases, whether with Indoff or not, in your equipment lease.  Since you may wish to purchase a shredder that does not meet the minimum $1000 lease amount, adding other equipment will still allow you to use this option.

Leasing makes great sense.  Here are some worthwhile notes to go over that explain why shredder leasing is a good option.

Most notably, if you pay "cash", you will be able to write-off the shredder, but ONLY an annual depreciated amount.  However, a lease payment is 100% deductible each and every month.  That means that after taxes, leasing is LESS REAL MONEY than paying cash.

If you would like a lease application, please use the Contact Us link at the top or the bottom of the page and request it along with which shredder(s) you are interested in purchasing.

If you would like to talk to a real leasing professional about your hopes/intentions, that can easily be arranged.  We are all here to help; you have but to ask.

$20 Down Leasing Program Details

Purchase Option or Buyout?

Buyout/Purchase options are determined before the lease begins. They outline your final financial obligations at the end of the lease. The following will give you a complete description of what those options are, and how they will affect you. Fair Market Value (FMV) Purchase Option Purchase the equipment for its then Fair Market Value, or return the equipment at the end of term. It should be noted that not all contracts feature the latter option, so be sure to check your lease agreement. 10% Buyout With this contract, at the end of the lease term you are obligated to purchase the equipment for 10% of its original purchase price.

$1 Buyout The customer purchases the equipment for $1 at the end of a capital lease and the equipment title is then transferred from the leasing company to the customer. Comparing Purchase Options Some advantages of the Fair Market Value option include open-ended terms, lower monthly payments and a greater tax benefit than with other buyout options. As well, if your equipment depreciates rapidly, this is by far the best option. A 10% Purchase Option or Put end of lease payment is generally determined at the inception of the lease as either a fixed percentage of the equipment cost or a specified dollar amount. With this option, you must pay the Fixed Put. It is considered a final payment in most cases. The Fixed Put is beneficial if you would like a lower monthly payment and are not concerned about making an additional payment at the end of lease. The benefit of a $1 Buyout is that the final payment is only a dollar. This generally comes at the expense of a higher monthly payment and a smaller tax benefit.