PRODUCT OFFERINGS
Financial Solutions for Vendors
6 MONTH SAME-AS-CASH PROGRAM
With M1 Financial’s 6-month Same-as-Cash program, vendors are able to close more deals while getting their product in the hands of the customer right now. Customers receive brand new equipment and vendors get credit for a sale immediately. After 6 months, the customer simply pays the cash price to M1 Financial. With this program, customers may even take advantage of tax benefits and expense 100% of the system cost as a depreciation allowance for this year!
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120 DAY PAYMENT DEFERRAL PROGRAM
Close more deals by offering customers up to a 120 day payment deferral This offering is particularly useful for customers who do not have the budget to make an upfront payment for the equipment they need. With deferred payments, customers can get the equipment they need now and pay for it later. At M1 Financial, we do many deals on the basis of 3, 6, or 12-month deferral of payments. This is followed by defined monthly payments or a balloon payment.
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SET UP PAYMENT (STEP LEASE)
Many assets are acquired by businesses to aid in generating revenue, but it may take several months for some equipment to produce revenue growth to offset a buyer’s initial investment in the technology. A step–up payment plan provides a customer with a very low initial payment, which increases over time to match the expected flow of revenue generated from the new equipment. Like all M1’s lease solutions, the documentation is straightforward.
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FMV (Fair Market Value)
M1 Financial's Fair Market Value vendor program enables you to manage larger transaction sizes and offer more comprehensive solutions with lower monthly payments. Additionally, this option grants vendors account control. Customers will receive a higher buyout at the end of the term, while their upgrade costs will be reduced, giving you a competitive advantage by outpacing the competition.
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LEARN ABOUT THE BENEFITS OF LEASING
COMMON LEASES AVAILABLE
CAPITAL LEASE
The customer commits to a fixed term of payments. At the end of the lease term, the customer owns the equipment with a $1.00 buyout.
- FIXED TERM (USUALLY 12-60 MONTHS)
- LEASE DOCUMENT/CUSTOMER PO
- CONSIDERED A SIMPLE FINANCE LEASE
- FIXED END OF TERM BUYOUT AMOUNT ($1)
- UTILIZED THE FACILITY'S CAPITAL BUDGET
- PAYS FOR ULTIMATE OWNERSHIP
OPERATING LEASE
The customer commits to make monthly payments based on an established term. When the term ends, the equipment can either be purchased based on its fair market value, rented for an additional 12 months, or returned to M1 Financial with no further obligation.
- FIXED TERM (USUALLY 12-60 MONTHS)
- LEASE DOCUMENT/CUSTOMER PO
- UTILIZED THE FACILITY'S OPERATING BUDGET
- END OF TERM OPTIONS
- BUY EQUIPMENT AT FAIR MARKET VALUE
- CONTINUE RENTING OR RETURN EQUIPMENT