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A terminal rental adjustment clause lease (TRAC Lease) combines all the advantages of leasing while retaining the option to purchase the equipment at the end of the lease term at a price set when the lease term began!
Your monthly payments on a TRAC Lease are determined by the purchase price you establish at the start of the lease period. Depending on how you want to spread out your costs, you can select a higher end-of-term purchase amount for a lower monthly payment, or keep the purchase price low with higher monthly payments. This flexibility of payment options is key in this commercial equipment leasing option and can help businesses improve and better manage cash flow.
You have the following options at the end of your TRAC lease term:
- Buy the equipment for the pre established residual purchase amount.
- Replace / trade equipment.
- Continue leasing by financing the residual amount.
- Return the equipment for a rental adjustment amount. Based on the resale value of the equipment compared to the residual purchase amount.
Contact us online or call 1-888-606-5327 and speak with one of our financing specialists to learn about our TRAC Lease option, or one of our other equipment leasing options offered through Capital Funds Leasing at no cost with no obligation..
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