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Michigan IT Equipment Leasing

IT Equipment Lease Calculator

Lease Term Monthly Payments

1 yr (12 mo.):

2 yrs (24 mo.):

3 yrs (36 mo.):

4 yrs (48 mo.):

5 yrs (60 mo.):


Equipment Cost(s):

Use our IT equipment lease calculator to determine an approximate monthly payment on the equipment that you desire to acquire. Please note that your actual monthly payment is subject to credit review and individual vendor/company terms.
  1. Select the Lease Program you are considering.
    You can choose either a $100 buyout at the end of the lease or a Fair Market Value buyout (not to exceed 10% of the original equipment cost).
  2. Enter the Total Equipment Cost
  3. Click Calculate. Our equipment lease calculator -  automatically provides you with the monthly payments for a lease term of one to five years.
  4. Monthly payments calculated are estimates and may vary depending many conditions. Payments do not include applicable taxes and fees. Any estimate is subject to credit approval and final approved documentation from the Michigan Leasing Company you are working with.

Purchase versus Lease

Conserve Your Cash And Working Capital 
Cash is not tied up in computers and other IT equipment. Instead, your profits and money are available for opportunities such as marketing, working capital, or seasonal cash flow needs. 

Preserve Your Credit Lines - Don't tie your money up in IT equipment
Your existing lines of credit and borrowing availability are left untouched ready to use for operational and short-term financing needs. 

Pay Only For The IT Equipment That You Use 
Monthly payments allow you to use your IT equipment immediately your only initial cash outlay is the first and last rental payment in most cases. The new computers and IT equipment, with its operating efficiencies, pays for itself as you use it... over time. Profits are generated by the use rather than the ownership of your equipment. Ownership can be an expensive luxury for many Michigan companies - especially startups! 

Leasing Is 100% Financing 
Many Michigan Leasing Companies finance 100% of the cost of the IT equipment. Sometimes you can include "soft" costs in your lease such as shipping, software, training, and installation. Unlike a bank loan, there is no down payment or compensating balances required. 

Eliminate IT Equipment Obsolescence 
Leasing lets you regularly upgrade your computer equipment to a state-of-the-art level, eliminating the inefficiencies of owning and struggling with out-dated IT equipment. 

Gain A Variety Of Tax Benefits From Leasing
Unlike loan payments, lease payments in Michigan may be fully tax-deductible as an operational expense. 

Overcome Budget Limitations 
In situations where limited budgets would normally delay or prevent the acquisition of IT equipment due to a limit on capital expenditures, many times leasing allows for quick budget approval due to its small monthly expense. A lease can fit the tightest of budgetary constraints. 

Lease Just About Any Type Of Equipment 
Eight out of 10 businesses use IT equipment leasing programs to acquire equipment. Typical types of equipment include: 

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