Competitive Rates. Fast Quotes. Flexible Plans. Friendly Partners.

Let the software pay for itself
Leasing allows you to make payments out of software earnings or production savings rather than using precious equity capital – you can use the software while it generates income.

Preserve cash and credit lines
Leasing helps you manage the balance sheet. Leasing conserves existing cash and working capital while allowing you to better respond to new business opportunities.

Low down payment
Traditional finance methods usually require a sizable down payment. Typically, a lease requires only the first and last payment. Special lease promotions allow for smaller payments to begin your lease.

Tax benefits
In many cases the monthly lease payment is deductible (pre-tax) dollar for dollar. This is because the lease payments are usually considered an operating expense. Consult your tax advisor for details.

Which Lease is the Right Choice?
The right choice is the lease plan that best meets the individual needs of your business. Common factors to consider are:

• Estimated useful life of the software;
• How long your business plans to use the software;
• The tax situation of your business;
• The cash flow of your business; and
• Your company’s specific needs for future growth.

More About Leasing

What is a software lease? A lease is an agreement between the Key Equipment Finance (lessor) and the software user (lessee) which conveys the right to use the software for a specified period of time. At the end of the agreement, the lessee pays a fixed $1 buy out.

How do I qualify? Financing provided by Key Equipment Finance is available to business customers through southeast computer solutions. Credit standards may require the owner(s) to personally guarantee the lease. We do not offer financing to individuals for software intended for personal use.

How do I apply? If you are a new or existing lessee of Key Equipment Finance, you can apply directly by contacting Stephen Interlicchio at 800-523-3398.

What information will I need to provide on the lease application?
You will be asked to provide the following:

Your general business information, including: legal business name and address, contact name for the person executing the lease, guarantor information, estimated software cost or total estimated lease amount, and the business location.

What kind of technology can I finance? You can finance a broad range of technology, including Sage software, hardware, maintenance, and training, as well as, office furniture and business solutions.

What terms are available? Key offers lease terms of 24, 36, 48 and 60 months. Other options and customized terms are available to qualified applicants.

What purchase option is available?

Our $1.00 Option lease allows you to end the financing contract at the end of the term for the nominal charge of $1.00.

End-of-lease options may vary depending on the products financed. Speak with your sales representative for more details.

Can I include soft costs and services on a lease? Yes, Key Equipment Finance will finance 100% of the soft costs being financed. These soft costs and services might include: delivery, installation, service, and maintenance.

What is the difference between a lease and a loan? A lease is a contract wherein a financial provider lends a lessee the use of the technology, and the lessee pays the lessor a fee for this usage. Financing technology, in this manner provides such benefits as: better cash management, potential tax benefits, and the ability to avoid owning technology that might quickly become outdated.

Business loans are used to acquire and access cash for major purchases or business expenditures. As with leases, loans are paid back with fixed payments over a fixed period of time. Banks offer customers various loan products, but applicants are often required to provide compensating balances, large down payments, client list reviews, and cash-flow projections. Such loans are required to be secured by collateral, such as a house, a car, stocks, or bonds.

Are advance payments required? A nominal documentation fee and two advanced payments are required for most leases.

What will my rate be? Your rate will be based on a number of factors, including: equipment type and cost, length of the lease, and the end-of-lease option that you select. Once your rate is determined, it will be fixed for the term of the lease.


Benefits

100% Financing:

• Total solution financing
• Low down payment
• Includes soft costs(e.g., installation, accessories, training, shipping, sales tax, etc.)

Equipment:

• Software
• Technology

Transaction Sizes:

• $2,500 and up

Terms:

• 24-60 months (Others upon request)

Fast track your business with the Key Accelerator Lease

Combine all the benefits of accelerated writeoffs for your qualifying IT equipment purchases provided by these temporary tax breaks with the enhanced flexibility that comes from financing with Key Equipment Finance.

Section 179: Recently increased for 2008

For tax purposes, the IRS Code Section 179 provides accelerated write-offs for capital
expenses. Businesses purchasing $800,000 or less in capital equipment during 2008 can deduct up to $250,000 of that expense immediately on their 2008 tax return. Therefore managing your purchases this year is critical. Our loans and non-tax leases can keep you in the driver’s seat by letting you retain tax ownership of your equipment so that you can use the Section 179 write-off to your advantage.

Enjoy tax advantages for equipment acquisitions exceeding $800,000

If your 2008 budget requires more than $800,000 in capital equipment investment,you’ll need to manage the tax ownership of those assets in order to maintain your Section 179 write-off. By using the Key Accelerator Lease to finance assets over $800,000, Key Equipment Finance becomes the tax owner of the equipment, which also enables you to take advantage of special pricing resulting from
limited-time 50% bonus depreciation. Therefore you can trade in unused tax benefits or an overall lower financing cost on acquisitions over $800,000, while maintaining your Section 179 deduction on assets below that threshold.

Key Equipment Finance provides a range of innovative solutions to move your business forward. To find out more, contact Stephen Interlicchio at 800-523-3398.

Financing with Key Equipment Finance can:

• Maximize your benefit from the 2008 Economic Stimulus Act
• Provide financial flexibility
• Extend the scope of your tax savings
• Introduce overall lower financing costs
• Adjust your financial ratios