CourierPRO Lease Financing Rates
 

Dear Customer,

To help assist you in your quest for technological advancement, CourierPRO is pleased to offer the below noted Lease Rate Factors (LRF). They can be used to help provide you with the rough finance charge for your purchase.

To use this sheet properly, determine the Term of the lease, identify your software/hardware Value [before taxes], then multiply this by the corresponding LRF to give you your approximate monthly payment [i.e.: if your term is 36 months and your investment is $10,001, then the LRF is .03266, and your monthly payment would be approximately $326.63 ($10001 * .03266)].
 

        LRF*061404

Value

24 Month Term

36 Month Term 

42 Month Term
$10001-15000 .04600 .03266 .02890
$15001-20000 .04588 .03253 .02776
$20001-25000 .04566 .03229 .02664
$25000-$50000   .03070 .02555

 

  • Rates for a 24/36 month software/hardware combo leases are based on a 10% full payment buyout option at the option date

  • The LRF may increase slightly as the software portion of a lease increases as a percentage of the total 24/36 month lease

  • Rates for  42 month software only leases are based on a 10% buyout option, which portion may be refinanced at that time for an additional 12 months at 2 x the then lowest LRF

  • Internet access is mandatory for all 42 month software only leases

  • All leases require a  down payment

  • Although CourierPRO can not guarantee credit to all clients, we have the highest approval rate in the industry, with over 85% approved for the  24/36 month software/hardware combo lease and over 95% approved for a 42 month software only lease

     

* While we endeavor to keep the LRF sheet current, rates are subject to change without notice.
   Please contact our office to confirm current LRF's.

 


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