Financing

Specialty Commercial Financial Products

Fame 1 offers many types of leases for equipment from $5000 to $100,000

Fame 1 offers a Commercial Lease for equipment purchases over $100,000

  • Financials Required
  • Ideal for more complex transactions
  • Project financing available
  • Equipment lines of credit
  • Tax advantages**

    Seasonal Payments
    To meet seasonal fluctuations or other cashflow constraints, this type of payment allows you to arrange a payment schedule so that you are making payments that rise and fall with your business' sales peaks.

    90-Day Deferred Payments
    This payment schedule allows you to make a smaller "contact" payment while deferring regular payments for 90 days. New equipment generally has a learning curve associated with it; thus a deferred payment plan can assist you while you are being trained on the equipment.

    Step Down Payments
    With this payment program, you will make a larger monthly payment at the beginning of the lease and then your payments will decrease over time. This is designed for businesses that want to lower the total amount of finance charges they pay over the entire lease term.

    Step Up Payments
    This type of payment can be ideal for growing firms that are looking to start their payments low and increase them over time while revenues from their new equipment increase.

    Quarterly Payments
    If 12 checks per year is too much for you, then you can make your payments once every quarter.

    Master Lease
    If you business acquires equipment at different times during the year then a Master Lease Line is for you. Secure an approval for multiple purchases at one time and receive a discounted rate for the entire amount. There is only one Lease Agreement to sign.

    10% Purchase Option
    For those who like the flexibility of the option to return the equipment or purchase it at the end of the lease, but want to cap their equipment buyout at a certain percent of the equipment cost, this is the option for you.

    Master Lease Line
    These special programs are designed specifically for the current Fame 1 customers. Under these programs, you may qualify for an additional line of credit with us, without providing additional financial statements. The increase in your credit line will depend on your current pay history with Fame 1 as well as your current financial status.

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